Residential and Commercial Real Estate in Hungary
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Hungary
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Hungarian Real Estate Market Report

The real estate market has been intensified all around the continent by the  stable boom in Europe and the step-by-step enlargement of the EU. This activity in investments is specifically recognizable in the Central-Eastern European region. The Hungarian real estate market enjoys many advantages due to preferable external circumstances: intensive developments are planned in 2008 in almost all areas - states the most recent study of GKI (Economic Research Institute).

So, the Hungarian real estate market is a developing and active area. This fact is proven by the high level of interest not only by investors, but also by the public sphere - the real estate market is one the most attractive sectors for investors, who are executing heavy capital investment in the country.

According to some competent professional forecasts, the Hungarian real estate market (especially Budapest) will be much more attractive in 2008-2011 than the international investment environment. Huge amounts of free capital are available for investment in the European economic arena by investors.

Recently, a significant boom has been noted in real estate markets in almost all countries of the Central-Eastern European region. This intensification is evident both in the area of new developments and also in the growth of leasing services. Adjustments in processes domestically can be seen to follow the general development trends of the region.

Available profit levels in the Hungarian real estate market definitely exceed interest levels on bank deposits and the general profit level of many other sectors of the economy. The availability of profits for investors in Hungary is healthy even when making comparisons with other countries in the region. That’s why many areas of the Hungarian real estate market are becoming even more attractive to local as well as to international investors.