Hungary
Real Estate in Hungary
Last updated on Sep 25, 2023
Summary: An expat looking to buy a home in Hungary should begin by researching the local real estate market and familiarizing themselves with the different types of properties available. They should also consider their budget and the type of amenities they are looking for in a home. When searching for a home to buy in Hungary, expats should look for properties that are in good condition and have all the necessary amenities. These typically include a kitchen, bathroom, living room, bedrooms, and a garden or outdoor space. Expats should also consider the location of the property and the surrounding area. Foreigners are allowed to purchase properties in Hungary, however, there are certain restrictions in place. For example, foreigners are not allowed to purchase agricultural land or properties located in certain protected areas. Additionally, foreigners must obtain a permit from the local government before they can purchase a property.
How do I find a place to live in Hungary?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"We looked online and found it on a Ingatlan (Realtor) Hungarian/English site. Wasn't very hard to look through the pictures. You can also use sites like xpatloop.com to help locate the Realtors. Housing in Budapest is expensive right now for anything above 900 sq ft. and hard to find," remarked one foreigner who made the move to Budapest.
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What is a typical expat home or apartment like in Hungary?
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About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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