- 24 Feb 2020 10:12 AM
- Budapest Business Journal
While at the end of 2018 and at the beginning of last year, when the contract was signed, the final target price was lowered by an average of 3.1%, a year later, buyers were able to reduce property prices by 4.4%.
For the whole of 2019, the average price per square meter of an apartment in Budapest was HUF 618,000, according to OTP mortgage data. So if you buy a 50 sqm flat, you could save up to HUF 1.35 million with a 4.4% bargain, penzcentrum.hu explains.