Geographic Information
Description of Hungary
With a strong economy and stable housing market above and beyond many of its European neighbours, Hungary is becoming the go-to country for plenty of foreign investors. Its privileged position right at the heart of Europe has opened Hungary up to incredible trade opportunities and the nation’s tourism trade is absolutely skyrocketing. As has been the case for years, Lake Balaton, Zala and the capital of Budapest are in the highest demand of all and offer consistently impressive rent yields and rock-solid property values.
That being said, head away from Hungary’s hotspots and it’s difficult to ignore the housing market slump that bit hard a few years back – making the most of a property investment in Hungary all about location.
Current Property Prices in Hungary
701 properties listed for sale in Hungary
1 bed apartments:
51 listed for sale£28,881 to £175,036
Average: £65,487
2 bed apartments:
37 listed for sale£39,646 to £754,684
Average: £107,629
3 bed apartments:
17 listed for sale£58,637 to £725,401
Average: £189,457
2 bed houses:
100 listed for sale£4,800 to £280,058
Average: £67,499
3 bed houses:
104 listed for sale£8,533 to £743,903
Average: £125,862
4 bed houses:
80 listed for sale£11,733 to £585,404
Average: £178,675
5 bed houses:
37 listed for sale£17,066 to £1,312,770
Average: £214,299
Key Facts:
Currency: HUFTime Zone: CET (UTC+1)
DialCode: +36
Languages: Hungarian language
Capital: Budapest
Population: 9,937,628
GDP: $145.153 billion
Latest News & Features for Hungary
Latest News
Watch – Migrants with tickets denied access to Budapest train station
Watch – Pinball paradise at the heart of Europe
Watch – Hungary: Internet tax draws thousands out in protest
Watch – Hungary lowers interest rates amid moves to boost economy – economy
Meet W62206: The flight that is always late
Hungary competition watchdog fines banks over mortgage cartel – economy
Watch – Flood Moves Downstream into Hungary
Investments Explained: Residential property
Hungary to ban foreigners buying farmland
Investor appetite for Hungary property pushes transactions up
Revealed: The top 5 Euro shopping centre hot spots
Spanish property officially the third cheapest in Europe
Property in Hungary is a “wise choice” for 2012
Foreign buyers seen slowly returning to Budapest property market
Eastern Europe property investment activity doubled in 2011, report shows
Hungarian govt submits new legislation to help loan debtors
Croatia completes most of EU membership talk
Hungary: Parliament votes for new constitution
European distressed property to rise in 2011
European property market picking up, says RICS report
Watch – Pinball paradise at the heart of Europe
Watch – Hungary: Internet tax draws thousands out in protest
Watch – Hungary lowers interest rates amid moves to boost economy – economy
Meet W62206: The flight that is always late
Hungary competition watchdog fines banks over mortgage cartel – economy
Watch – Flood Moves Downstream into Hungary
Investments Explained: Residential property
Hungary to ban foreigners buying farmland
Investor appetite for Hungary property pushes transactions up
Revealed: The top 5 Euro shopping centre hot spots
Spanish property officially the third cheapest in Europe
Property in Hungary is a “wise choice” for 2012
Foreign buyers seen slowly returning to Budapest property market
Eastern Europe property investment activity doubled in 2011, report shows
Hungarian govt submits new legislation to help loan debtors
Croatia completes most of EU membership talk
Hungary: Parliament votes for new constitution
European distressed property to rise in 2011
European property market picking up, says RICS report
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Revealed: The top 5 Euro shopping centre hot spots
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Hungarian govt submits new legislation to help loan debtors
European property market picking up, says RICS report
Investments Explained: Residential property
Alternative Investments Explained: Carbon Credits
Revealed: The top 5 Euro shopping centre hot spots
Watch – Why investors should always buy bad properties
Hungarian govt submits new legislation to help loan debtors
European property market picking up, says RICS report
Featured Hungarian Property
