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• Revealed: Which Districts Have Cheapest Newly Built Homes in Budapest?

Revealed: Which Districts Have Cheapest Newly Built Homes in Budapest?

• 5 May 2025 12:37 PM
• Hungary Around the Clock

The average price of newly built homes in Budapest has soared over the past year, fuelled by tightening supply and strong demand, real estate brokerage Duna House says in its latest report.

Prices in the capital rose unevenly, with the steepest increase, 56%, recorded in the Second District, followed by increases of 51% in the 18th District and 40% in the Seventh.

The cheapest newly built homes are found in the 15th and 20th Districts, at an average of Ft 1 million per square metre.

At the more expensive end, homes in the Second District now command over Ft 3.4 million per square metre.

Premium inner-city areas such as Districts I, V and XII also saw average prices exceed Ft 2 million.

For investors, Districts VIII, IX and XIII stand out thanks to stable rental demand and growth potential, according to the report.

Duna House forecasts a 3-7% increase in prices during the second half of 2025, particularly in outlying districts and the suburbs.

Duna House AGM approves Ft 750mn dividend

Shareholders of BSE-listed real estate broker Duna House agreed to pay Ft 750 million in dividends to ordinary shareholders, equating to Ft 21.81 per share, and a further Ft 124 million to holders of employee shares, at Wednesday’s annual general meeting.

The AGM resolution states that the board is entitled to decide on the payment of dividends in several instalments.

Earlier this year, the company announced plans to shift to semi-annual dividend payouts to provide investors with more predictable and regular returns, part of a broader strategy to strengthen long-term confidence and financial planning.

The quorum approved the financial reports of the company. Duna House booked Ft 2.9 billion in consolidated income last year and a balance sheet total of Ft 32.5 billion.

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