Best location for investment-Budapest home prices increase 16.9 percent in 2017

If you are looking for a high return on your property investment, Hungary has been on top of the list for the last few years and it is tipped to remain a key player on the property market due to many approved Government regeneration programs.

The increase in home prices in Hungary is 11.6 percent year-on-year in Q1 2017, a report released by the National Bank of Hungary showed. The annualized increase is 15.2 percent in Q4 2016, 14.9 percent in Q3 and 12.7 percent in Q2 of last year. In Budapest, home prices were up 16.9 percent year-on-year in Q1 2017.

Student rental accommodation in Budapest is being advertised for a monthly 150,000 forints (EUR 490) on average with minimum 7 percent net annual returns.

If you are looking for a residential, holiday or investment type of home in Hungary, you can view a selection of properties on our website www.ecsmproperty.uk.com or contact us and our multilingual team will be glad to discuss with you different options and various aspects of Real Estate purchase in Hungary.

8 Aug 2017

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