Hungarian real estate prices for investment

Please note that prices are all listed in HUF. At the time of publication, the EUR exchange rate is around HUF 360, and EUR prices are indicated accordingly.

Price ranges vary by region in Hungary

Location is typically considered the most important factor when investing in real estate. In line with this, the Hungarian real estate market can be split into the following categories:

• Budapest (capital city) and its vicinity
• Big cities in the countryside (typically county seats)
• Other locations in the countryside

The most expensive pieces of property are found in downtown Budapest, while prices in Budapest and other cities are generally well above the Hungarian average. For comparison, in May 2026, the median price per square meter in Hungary is HUF 1.2 million (ca. EUR 3,300), while in Budapest it is above HUF 1.5 million (ca. EUR 4,100). For Budapest new builds, HUF 2 million (ca. EUR 5,500) is not extraordinary, while prices above HUF 4 million (EUR 11,000) are also possible. At the same time, in small cities in the countryside, you can still find real estate at HUF 300,000-600,000 (ca. EUR 800-1,700) per sqm.

At this point, it is worth emphasizing that Hungary is a small country. Budapest is the largest city with just 1.7 million residents, although many live in neighboring towns and the population of the agglomeration of Budapest is around 3.5 million, which is more than one third of the country. At the same time, the next biggest city, Debrecen, has only around 200,000 residents, followed by Szeged, Miskolc, and Pécs in the 150,000 range. As a result, in areas other than Budapest, not only prices, but also demand is significantly lower.

Other aspects to consider when buying real estate

While location is widely recognized as the most important aspect to consider when you purchase real estate, there are a few other aspects you should keep in mind:

• Rental options: Will you be able to easily find a tenant for your property? Is it the right size and right price range for tenants typically looking for long-term accommodation in the area?
• Energy efficiency: How much will utilities cost? Will that be in the right price range for your expected tenant?
• Maintenance costs: What is the general condition of the property? Does it need renovation before you can first let it out? How often will it need repairs?

Investment ranges in Hungarian real estate

Real estate investment is a safe investment in the sense that you can always easily divest your investment, and you can almost always expect a good return on it. At the same time, the more you invest, the better assets you get, with the better ROI.

• Between HUF 20-30 million (ca. EUR 55,000 and 85,000): you need to be very lucky to find real estate at a good location that also offers good ROI.
• Between HUF 40-60 million (ca. EUR 110,000 and 165,000): sounder investment options in big cities in the countryside
• Between HUF 70-100 million or above (ca. EUR 195,000 and 280,000): good locations available in Budapest

Hungarian real estate investment with Helpers

Real estate investment is allowed to all nationalities in Hungary, although if you are a third-country national (meaning not a citizen of the EU or the EEA), you will need additional permits. If you set up a Hungarian LLC for property management, you can get around waiting for those permits, while Hungarian real estate investment may also grant you Hungarian residency, allowing you visa-free access to the Schengen zone.

Helpers has 20 years of experience providing administrative assistance to foreigners living, working, and doing business in Hungary. Our services include assistance with property purchase, business setup, and support throughout residency application. If you tell us about your plans, we will do our best to find the right solutions to your needs.

Want to stay on top of the news? Follow us on Facebook, or sign up for our monthly newsletter.