• Home
• Channel: Property
• Russian Home Buyers Target Hungary

Russian Home Buyers Target Hungary

• 24 Nov 2023 8:06 AM
• Hungary Around the Clock

Hungary and Cyprus were the two top countries for Russian residential real estate investors between January and October, according to a survey by real estate agency the NF Group, Russian website RBC reports.

In 2022, Russians mostly bought homes in Turkey and the United Arab Emirates.

According to the survey, 61% of buyers invest in real estate with the goal of obtaining a residence permit or citizenship.

Hungary is a popular destination for investment due to its relative affordability, the rapid rise of house prices, and also due to the residence permit programme, in which the government offers investors a five-year residency permit without the requirement of permanent residency.

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

• Russian Home Buyers Real Estate

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

Analysis: Home Prices in Hungary Rose Nearly 25% Last Year

• 21 May 2026 5:35 AM

Home prices in Hungary rose 23.5pc year-on-year in 2025, climbing at the fastest pace in the past 25 years, the National Bank of Hungary (NBH) highlighted in a report published on Wednesday.



Home Prices in Hungary Climb 14.3% in April

• 15 May 2026 8:40 AM

Home prices in Hungary rose by 14.3 percent year-on-year in April, according to the latest housing market index published by ingatlan.com, although analysts say the pace of growth has started to moderate after the sharp increases seen earlier this year.



Budapest Home Prices Stagnate

• 5 May 2026 6:08 AM

The average asking price for homes in the capital stands around HUF 1.53m/sqm, edging up 0.4pc from January, data compiled by zenga.hu, a listings site owned by OTP Bank, show.x



Real Estate Insight: Days on Market indicator Climbs for Homes in Hungary

• 29 Apr 2026 6:32 AM

The number of days it took homes in Hungary to sell after they were listed averaged 95 days in January-April, up from 84 days in the same period a year earlier, real estate broker Duna House said on Tuesday.