Foreign Buyers Interest in Residential Property Up 10% in Hungary

  • 12 Jul 2022 12:22 PM
  • Budapest Business Journal
Foreign Buyers Interest in Residential Property Up 10% in Hungary
In the first half of this year, the number of foreigners interested in Hungarian residential properties for sale increased by 10%, which is also due to the weakening of the forint against the euro, according to a recent analysis by ingatlan.com.

Cities that are industrially developed or are home to significant foreign investments and settlements along the border are popular with prospective foreign buyers.

Prospective foreign buyers are primarily interested in real estate in Budapest, as more than 50% of the demand is concentrated in the capital.

Towns and villages in the counties around Lake Balaton are also sought after; they cover 11% of the demand linked to foreigners.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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