Home Sales Climb 21% in Hungary
- 3 Jan 2024 9:00 AM
Home sales in Hungary rose by an annual 21% to 7,813 in December, a monthly estimate by listed real estate broker Duna House shows. For the full year, home sales reached 90,840, down 27% from 2022.
Home sales in Hungary rose by an annual 21% to 7,813 in December, a monthly estimate by listed real estate broker Duna House shows. For the full year, home sales reached 90,840, down 27% from 2022.
Hungarian property developer WING and French-owned hospitality group Accor opened the dual-branded ibis + TRIBE Budapest Stadium hotel.
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.
Thanks to the opportunities offered by the northern and eastern border regions and Transdanubia – commuting and old-age resettlement – the interest of foreign home buyers is already higher than before the epidemic, writes Magyar Nemzet.