Hungary has become a popular travel destination in recent years. Every year, several million tourists explore the country's capital Budapest or enjoy the idyll of the region around Lake Balaton, Europe's largest inland lake and a world-famous seaside resort. Tradition, hospitality, numerous thermal baths, exciting sights, a comprehensive range of leisure activities and an attractive infrastructure characterize Hungary - and not just as a holiday destination. Interest in Hungary is also increasing noticeably among discerning property buyers, which is currently reflected in the real estate market. Hungary impresses with an extensive variety of properties, so that they meet a wide range of requirements. From a luxurious holiday home to an exclusive residence, there is a property to suit every taste. What should well-off investors pay attention to and where is an investment really worthwhile?
Real estate in Hungary: Overview of the market situation
There has been continuous growth in the real estate market in Hungary since 1990. With the country's accession to the EU, Hungary experienced an economic boom and developed rapidly in almost all areas. This also became theReal estate market in Hungaryinteresting for foreign investors. Today, real estate transactions are very popular. Anyone who is aBuy a house in Hungarywants to meet a high demand that can currently still be served well.
The capital Budapest and Lake Balaton are very much in the focus of private investors and investors with sophisticated real estate requirements. Lake Balaton impresses with its unique natural landscape and Mediterranean climate. Exclusive properties located directly on the waterfront are primarily sought after here. In Budapest, on the other hand, life is pulsating and cultural treasures shape the cityscape. A penthouse or a sophisticatedly furnished apartment is more than impressive here.
Who is real estate in Hungary suitable for?
Real estate in Hungary is, on the one hand, an attractive investment in a holiday home with the option of a future retirement home and, on the other hand, as a primary residence for those who want to go abroad permanently, be it because of dissatisfaction with the political situation in their own home country or because they are looking for a sun-drenched place for relaxed remote working. Holiday homes or holiday apartments are also ideal for renting out and creating a reliable source of income. Basically, Hungary offers interesting options for every age group and price range. Nevertheless, in Hungary you should definitely have a little more money in hand and invest in a high-quality property.
Real estate in Budapest
The cultural and economic center of Hungary is in the capital Budapest. It is the most visited city and was declared a UNESCO World Heritage Site in 1987. No wonder, because it is hard to beat when it comes to impressive architectural masterpieces such as the Buda Citadel or the Royal Palace. Hungarian cuisine is equally world-famous with its numerous specialties that reflect the enjoyable life in Budapest. Overall, the quality of life in Budapest is high. The expansion of a comprehensive infrastructure in recent years has contributed to this. The economic metropolis also offers access to numerous universities and is the headquarters of international corporations. Property buyers in Budapest have 23 districts to choose from. From renovated old apartments to modern new villas, you can find a large selection of different properties. The location on the Buda bank is particularly popular. Foreign investors are in high demand for property in districts 5 to 9 and 13.
Real estate at Balaton
With a length of 75 km, Balaton or Lake Balaton is the largest inland lake in Central Europe. On the northern bank it borders the Bakony Mountains. Lake Balaton is valued worldwide as one of the most beautiful bathing lakes and is the perfect starting point for active holidays. The diverse landscapes such as the vineyards, the extensive leisure activities and the gastronomy invite you to relax, discover and explore. Demand from prospective real estate buyers is concentrated, among other things, in the city of Keszthely, which is the economic and cultural center of the Balaton region. Of course, exclusive houses located directly on the waterfront are also in demand. Anyone who values privacy will find what they are looking for in the surrounding area. Many sophisticated properties with large plots of land are located here in a secluded location.
Immobilien in Hévíz
The health resort of Hévíz is one of the most important in Europe. The thermal lake found here is the second largest warm water lake in the world and the largest in Europe. Its water temperature is 36 degrees. The mud is used for healing applications and is said to have a positive effect on numerous ailments. Hévíz presents itself ascozy seaside resortwith lush nature, a lively center and excellent connections. If you want to do something good for yourself in old age, a retirement home in Hévíz is the right choice.
