Add listing Log in

Housing prices in Hungary are increasingly denominated in euros

22.01.2025
Homesoverseas.ru editorial office
120
In the Hungarian real estate market, the trend towards setting prices for apartments and houses in euros is becoming more and more noticeable, especially with regard to expensive properties.

According to Ferenc Mate, Deputy General Director of Duna House, 3% of current housing listings are in euros, and most of them are lots more expensive than 100,000 euros. Due to the instability of the forint, sellers are increasingly favoring buyers who are willing to pay in euros, even if the initial price is set in forints.

In most cases, tenants pay for rental of luxury real estate in prestigious areas of Budapest in euros, but this is less common in the broader market.

There are obvious signs that indicate a growing preference for the euro. However, experts believe that this is still more typical for luxury real estate, while standard apartments are mostly denominated in forints.

Foreigners and those who live in the western regions of Hungary are more likely to enter into transactions in euros.

According to Zsuzsa Liptak, managing director of Zenga, about 15% of rental ads in the Hungarian market include euros. At the same time, prices in euros are much less common in real estate listings.

Source: Daily News Hungary
 

All news by this country
All news
RSS feed
Discussion
Subscribe to Homesoverseas newsletters with new listings
Enter your e-mail:
525 000 €
8 bedrooms
build area 300 sq. m
plot area 600 sq. m
selling by owner
630 000 €
7 bedrooms
build area 269 sq. m
plot area 500 sq. m
household appliances
furniture
fitness
seller: IMMOCORSO International Real Estate Agency
from 660 000 €
2 bedrooms
seller: Mercury Group