Hungary is located in Central Europe, and is bordered by Austria to the west, Slovakia to the north, Ukraine to the northeast, Romania to the east, Serbia to the south, and Croatia and Slovenia to the southwest.
Luxury property prices in Hungary tend to be lower than many western European countries, especially in Budapest and lake regions like Balaton, which provides opportunities for real estate investors and private use buyers looking for luxury real estate.
Popular areas of Hungary with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Property in Hungary can increases in value over time
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Investors can choose from a wide range of different types of cheap investment real estate for sale in Hungary, such as properties that are residential homes, condos, duplexes, or apartments, to commercial offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development, but buying at a cheaper price than listed is an aim of all investors.
