City Centre Housing Prices Drop In Budapest
- 11 May 2021 11:26 AM
- Hungary Around the Clock
The average price of flats in central Budapest was Ft 762,000 per square metre in the first four months, down by 5% year-on-year, property agency Otthon Centrum reports.
The data is for non-prefabricated concrete homes.
The average price was Ft 835,000 per square metre in Buda, up by 6%.
In the outer regions of Pest, prices were up 5% to Ft 606,000 per square metre.
Traditional home prices saw increases of 10% in the 11th District in Buda, and 6% in the 10th, 14th, 18th and 19th Districts.
There were declines of nearly 10% in the Fourth and 15th Districts.
Prices of pre-fabricated concrete flats were Ft 659,000 per square metre in the 11th District and Ft 653,000 in the 13th.
The average price for a concrete flat was Ft 607,000 per square metre in Buda and Ft 512,000 per square metre in the outer districts of Pest.
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