Property for sale in Hungary

Property for sale in Hungary

Sunshine Estates are delighted to offer a range of property for sale in Hungary including its capital Budapest, Lake Balaton and Western Hungary (Transdanubia).

The Property Market

The demand for property in Hungary has consistently grown since accession to the EU in May 2004. Property prices are still significantly below neighbouring countries – for example, apartments in Vienna are 2/3 times the cost in Budapest. Demand is greatest in Budapest where inward investment is creating gentrification of large districts – new developments and large renovations are commonplace.

Outside of the capital, Lake Balaton is increasing is the next best location for investments – real estate prices are increasing at circa 20% per year but average prices are still below EUR 50,000.

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