Hungary’s Real Estate Market – Is It Still a Good Time to Buy?

Hungary’s property market has gone through major shifts in recent years. The pandemic, inflation, and rising interest rates all influenced both prices and buyer behavior. The key question remains: is now still a good time to buy property in Hungary?

 Market Trends

After years of rapid growth, housing prices began to stabilize in 2023 and early 2024. While new developments remain expensive due to construction costs, the secondary market offers better deals, with motivated sellers open to negotiation. Buyers with cash or pre-approved financing are in a strong position.

 Investment Outlook

Budapest continues to attract international investors thanks to its stable rental demand and growing expat population. Despite local short-term rental restrictions, long-term leasing yields remain strong.
Regional cities like Debrecen, Győr, and Szeged have become increasingly popular investment targets due to industrial expansion and job growth.

 Conclusion

Even with higher interest rates, real estate in Hungary remains a reliable, inflation-resistant investment. For buyers with a long-term vision, 2025 could be a great opportunity to enter the market before prices start rising again.

Smart investors see the current slowdown as the perfect entry point.