Should I buy or rent a home in Hungary?
If you have not spent a lot of time in Hungary, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Yes my husband and I very quickly purchased a unrenovated apartment. I am a real estate consultant, so I believe in renovation adding value . I did not want to pay for someone else's poor renovation. The process is not difficult. You may contact me for help," remarked another expat who made the move to Budapest, Hungary.
"It is not a difficult process if you are not getting a loan - that is difficult for a foreigner. But when you consider I came with next to nothing and was able to purchase - you can too. If you remodel, call me - this was the reason I began my expat assistance business - despite speaking the language that was a great challenge," explained one expat living in Budapest, Hungary.
AGS Worldwide MoversGet Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
AGS Worldwide MoversRelocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
Please login to continue reading this article.
Not a member? Join Today (it's free).
Other Questions:
- What do I need to know before moving to Hungary?
- How do I find a place to live in Hungary?
- What is a typical expat home or apartment like in Hungary?
- What is the average cost of housing in Hungary?
- Should I buy or rent a home in Hungary?
- What should I pack when moving to Hungary?
- What cultural faux pas should I try to avoid making in Hungary?
- Why do people move to Hungary?
- What are healthcare services like in Hungary?
- What are medical services in Hungary like?
- What are typical rents in Hungary?
- What appliances are typically included in a rental?
Should I buy or rent a home in Hungary?
If you live in Hungary, newcomers to Hungary would love to hear your answer to this question.
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.
