Summers in Hungary are often warmer than those in the UK and Ireland, with half as much rainfall, making places such as Budapest a favourite during summer. They are all attracted by the stable real estate market where prices have been relatively lower than those in the other main cities across Europe.įor buyers who would like to live in a place where folk culture is still alive in Europe, Hungary is the perfect location. Others are on the lookout for affordable housing that will resell profitably. Our customers come from within the European Union, with many searching for posh houses in some of the more expensive locations. Selling real estate from Hungry to international property buyers is made a lot easier by using. We have been helping international buyers connect with some of the best property developers, individuals, and real estate agents since 2002 How to sell Hungarian Property to International Buyers We promote properties in Hungary direct from the owner and some of the best Hungarian real estate agents all advertising to foreign or overseas buyers. HomesGoFast makes searching for a home in this beautiful country easier for international investors who want the best value for their money. From medieval townhouses to Roman ruins, Hungary has some of the most fascinating architectural landscapes in Europe. Some of the most attractive features of Hungary include its thermal spas, folk art, stunning architecture, and the fact that it is home to Europe's most exciting capital for nightlife. The heart of the country’s major cities and the countryside serve up bargains from time to time. At the same time, the industrial property vacancy rate totaled 4.2 percent.Hungary is ideal for buying a second home or investment property. Owing to the surge in e-commerce, demand for industrial real estate properties spiked in the third quarter of 2022 and reached approximately 218 thousand square meters. As a result, investment volumes decreased to 80 million euros in 2021 compared to 502 million in the preceding year. The retail real estate segment was also negatively affected by the safety measures introduced to curb the spread of COVID-19. In the same year, prime offices benefited from approximately 1.3 billion euros worth of investments, marking an increase compared to the previous year which was negatively impacted by the coronavirus (COVID-19) pandemic. On the non-residential real estate market, the office sector attracted the highest investment volume in 2021, measuring at 79 percent. Debrecen is the second most expensive city for purchasing new apartment homes or houses, with an average offer price of 789 thousand forints per square meter. Moreover, in 2021, the average rental price of apartments totaled 3,192 forints per square meter per month in the country's capital. Reasons behind the phenomenon include increasing demand by investors due to low-interest rates, subsidies for families to purchase a new house, growing material costs, and labor shortage.īudapest has the most expensive housing options, with an average offer price exceeding one million forints per square meter. The Hungarian residential real estate market has been characterized by the rapidly rising house and apartment prices over the past few years, with the house price index peaking in 2022.
0 Comments
Leave a Reply. |