• Home
• Channel: Property
• Foreign Buyers Interest in Residential Property Up 10% in Hungary

Foreign Buyers Interest in Residential Property Up 10% in Hungary

• 12 Jul 2022 12:22 PM
• Budapest Business Journal

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.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Residential Property

XpatLoop Media Partner

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.

Explore More Reports

Updated: Several Residents Evicted to Make Way for Mini-Dubai Project in Budapest's 14th District

• 21 Mar 2024 5:14 AM

Several families living in the 14th District have been told to leave their homes within 30 days as the area is required for the mini-Dubai urban development project.



Updated: 5 Billion Euro Rehabilitation Project for Budapest's Rákosrendező Area By UAE Developer Sharply Criticised By Mayor Karácsony

• 16 Mar 2024 5:59 AM

The Budapest municipal council will conduct on online survey on plans for a major property development project in the capital’s Rákosrendező area in the 14th district, the city’s mayor, Gergely Karácsony, told a press conference.



Dispute at Largest Real Estate Development Project in Budapest Leaves Condo Owners Homeless

• 7 Mar 2024 6:31 AM

Some 1,500 people who purchased condominium units in the largest real estate development project in Budapest have been unable to move in due to a dispute between the developer, the D&B real estate group, and construction company KÉSZ Építő.



Budapest Residential Properties Still a Great Choice for Foreign Investors

• 14 Dec 2023 7:58 AM

Compared to other cities, gross yields in Budapest, calculated from purchase prices and revenue from rent, are among the highest, which means the Hungarian capital is still a great destination for those investing in residential property.