Real Estate in Hungary

Real estate in Hungary is the ideal opportunity for the current investor. With our partners, Sunshine Estates offer a wide variety of modern and stylish developments in Budapest. With our partners, we provide to you:

Local knowledge: Critical to the overseas investor is a partner who understands the dynamics of the market. Our partners reside in Budapest, and their staff are selected for their local knowledge and professional approach. Of course, all agents are fluent in english.
Legal services: Our partners work with one of Hungary's premier legal firms, with extensive experience in both Hungarian and European legislation.

Real Estate in Hungary by Price (EURO)

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Why Invest in Budapest?

EU Membership in May'2004.
Any foreigner can buy property in Hungary.
Budapest real estate prices are significantly below levels for European capital cities. And after entry to the European Union in May, Budapest prices should continue their climb toward European norms. For comparison, real estate surveys from last year indicate the following prices (EUR per sq.ft.) for residential apartments in the major European cities:
- Paris 736
- Amsterdam 497
- Madrid 475
- Milan 453
- Dublin 397
- Budapest 183
The private sector accounts for over 80% of GDP. Foreign ownership of and investment in Hungarian firms is widespread, with cumulative foreign direct investment totaling more than $23 billion since 1989. Inflation and unemployment - both priority concerns in 2001 - have declined substantially during the past 2 years.
Hungary is a parliamentary democracy, with a constitution dating back to 1949.
The legal system has been significantly upgraded in recent years, in preparation for EU membership. Article 7 of the Constitution states that "the legal system of the Republic of Hungary accepts the generally recognized principles of international law".
The climate is temperate, with warm summers. Most of the country is a fertile plain around two major rivers - the Danube which flows through Budapest from the north to the south, and the Tisza.