Market Forecast By Type (Residential Real Estate, Commercial Real Estate, Industrial Real Estate), By Property Type (Apartments, Office Spaces, Warehouses), By Purpose (Buying, Renting, Leasing), By Sales Channel (Direct Sales, Real Estate Agents, Online Platforms) And Competitive Landscape
Product Code: ETC10396877 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
According to 6Wresearch internal database and industry insights, the Hungary Real Estate Market is projected to grow at a compound annual growth rate (CAGR) of 5.1% during the forecast period (2025–2031).
Report Name | Hungary Real Estate Market |
Forecast period | 2025-2031 |
CAGR | 5.1% |
Growing Sector | Residential |
The Hungary Real Estate Market report thoroughly covers the market by property and type. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Hungary Real Estate Market is set to achieve consistent growth propelled by growing urbanization, foreign investment inflows, and heightened demand for residential and commercial spaces. Residential units, commercial buildings, and industrial parks are developing across Budapest, Debrecen, and Szeged. Government efforts for affordable housing, urban modernization, and infrastructure projects continue to drive expansion. Domestic and international investors are increasingly participating, enhancing market liquidity and diversity.
Below mentioned are some growth drivers and their impact on market dynamics:
Driver | Primary Segments Affected | Why it matters (evidence) |
Urbanization & Population Growth | Residential; Land | Growing urban population is increasing housing demand. |
Foreign Direct Investments | Commercial; Industrial | Investment inflow supports large-scale real estate developments. |
Government Housing Schemes | Residential; Sales & Lease | Subsidies and incentives promote affordable housing projects. |
Infrastructure Development | Residential & Commercial | Construction of roads, metro lines, and utilities increase property demand. |
Tourism & Hospitality Expansion | Commercial; Lease | Growth in hotels and serviced apartments increases rental opportunities. |
The Hungary Real Estate Market is projected to register a CAGR of 5.1% during the forecast period from 2025 to 2031. The Hungary Real Estate Market is primarily driven by rapid urbanization, increasing disposable incomes, and growing demand for residential and commercial spaces. Government schemes and incentives encourage first-time homebuyers and affordable housing initiatives. Infrastructure expansion, including metro lines, roads, and utilities, boosts property accessibility and value. Foreign investments drive large-scale developments, while tourism increases demand for commercial rentals. Interest in smart and sustainable buildings enhances market appeal for developers and investors.
Below mentioned are some major restraints and their influence on market dynamics:
Restraint | Primary Segments Affected | What this means |
High Property Prices | Residential & Commercial | Rising costs limit affordability and slow purchase decisions. |
Regulatory Compliance | All Properties | Licensing, zoning, and construction norms increase project timelines. |
Land Scarcity in Urban Areas | Residential & Commercial | Limited availability raises acquisition costs. |
Dependence on Imported Construction Materials | Industrial & Commercial | Supply chain challenges increase project expenses. |
Economic Volatility | Residential, Commercial | Market uncertainty can affect investment confidence. |
Despite steady growth, the Hungary Real Estate market struggles with rising construction and labor costs, land scarcity in prime urban regions, and stringent zoning rules. Project delays from permit processes and price instability in residential and commercial segments impact ROI and investment schedules. Upholding quality construction while adhering to sustainability standards poses operational issues for developers.
Some major trends contributing to the development of the Hungary Real Estate Market Growth are:
Here are some investment opportunities in the Hungary Real Estate Industry:
Here are top leading players present in the market:
Company Name | Futureal Group |
Established Year | 1997 |
Headquarters | Budapest, Hungary |
Official Website | - |
Futureal is a leading developer of residential, office, and mixed-use projects, focusing on large-scale urban development and sustainable designs.
Company Name | Wing Zrt. |
Established Year | 1990 |
Headquarters | Budapest, Hungary |
Official Website | Click Here |
Specializes in commercial, residential, and industrial real estate developments, with a strong focus on modern office complexes and retail spaces.
Company Name | Cordia Hungary Kft. |
Established Year | 1997 |
Headquarters | Budapest, Hungary |
Official Website | Click Here |
Cordia focuses on high-quality residential and mixed-use projects, with expertise in urban redevelopment and sustainable construction.
Company Name | Market Építő Zrt. |
Established Year | 1990 |
Headquarters | Budapest, Hungary |
Official Website | - |
Market Epito delivers residential and commercial properties, emphasizing energy efficiency, modern architecture, and innovative construction solutions.
Company Name | Otthon Centrum |
Established Year | 1989 |
Headquarters | Budapest, Hungary |
Official Website | Click Here |
Leading real estate agency offering residential sales, rentals, and investment advisory, with extensive market research and property management services.
According to Hungarian government data, It has implemented many efforts to enhance housing and real estate development. Initiatives encompass the Family Housing Allowance Scheme, incentives for first-time homebuyers, and the Modern Cities Program facilitating urban redevelopment. Policies that advocate for energy-efficient construction and provide incentives for green buildings foster sustainable development in both residential and commercial sectors. Zoning and permitting requirements have been streamlined for affordable housing and industrial developments to expedite building delays.
Hungary Real Estate Market is expected to grow steadily with increasing urbanization, rising disposable incomes, and foreign capital inflows. Expansion in residential, commercial, and industrial projects, paired with sustainable construction and smart building solutions, drives long-term growth. Technological property management and government-supported housing projects further strengthen market efficiency and investment potential.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, the residential segment is the fastest-growing category due to rising urbanization and increasing demand for homeownership. Multi-family apartments and affordable housing projects are expanding rapidly, attracting first-time buyers and investors seeking long-term returns in major cities.
The sales segment is witnessing the fastest growth, driven by higher demand for home purchases and investment properties. Buyers are showing preference for ownership over rental options, while government incentives and mortgage schemes further support residential and commercial property sales across urban and suburban areas.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Real Estate Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Real Estate Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Real Estate Market - Industry Life Cycle |
3.4 Hungary Real Estate Market - Porter's Five Forces |
3.5 Hungary Real Estate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Real Estate Market Revenues & Volume Share, By Property Type, 2021 & 2031F |
3.7 Hungary Real Estate Market Revenues & Volume Share, By Purpose, 2021 & 2031F |
3.8 Hungary Real Estate Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Hungary Real Estate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Economic growth and stability in Hungary |
4.2.2 Urbanization and population growth |
4.2.3 Low interest rates and favorable financing options |
4.3 Market Restraints |
4.3.1 Regulatory changes impacting real estate market |
4.3.2 Fluctuations in foreign investment levels |
4.3.3 Supply-demand imbalances in certain segments |
5 Hungary Real Estate Market Trends |
6 Hungary Real Estate Market, By Types |
6.1 Hungary Real Estate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Real Estate Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Hungary Real Estate Market Revenues & Volume, By Residential Real Estate, 2021 - 2031F |
6.1.4 Hungary Real Estate Market Revenues & Volume, By Commercial Real Estate, 2021 - 2031F |
6.1.5 Hungary Real Estate Market Revenues & Volume, By Industrial Real Estate, 2021 - 2031F |
6.2 Hungary Real Estate Market, By Property Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Real Estate Market Revenues & Volume, By Apartments, 2021 - 2031F |
6.2.3 Hungary Real Estate Market Revenues & Volume, By Office Spaces, 2021 - 2031F |
6.2.4 Hungary Real Estate Market Revenues & Volume, By Warehouses, 2021 - 2031F |
6.3 Hungary Real Estate Market, By Purpose |
6.3.1 Overview and Analysis |
6.3.2 Hungary Real Estate Market Revenues & Volume, By Buying, 2021 - 2031F |
6.3.3 Hungary Real Estate Market Revenues & Volume, By Renting, 2021 - 2031F |
6.3.4 Hungary Real Estate Market Revenues & Volume, By Leasing, 2021 - 2031F |
6.4 Hungary Real Estate Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Hungary Real Estate Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Hungary Real Estate Market Revenues & Volume, By Real Estate Agents, 2021 - 2031F |
6.4.4 Hungary Real Estate Market Revenues & Volume, By Online Platforms, 2021 - 2031F |
7 Hungary Real Estate Market Import-Export Trade Statistics |
7.1 Hungary Real Estate Market Export to Major Countries |
7.2 Hungary Real Estate Market Imports from Major Countries |
8 Hungary Real Estate Market Key Performance Indicators |
8.1 Average rental yields in key cities |
8.2 Rate of new construction projects initiated |
8.3 Residential property price index fluctuations |
9 Hungary Real Estate Market - Opportunity Assessment |
9.1 Hungary Real Estate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Real Estate Market Opportunity Assessment, By Property Type, 2021 & 2031F |
9.3 Hungary Real Estate Market Opportunity Assessment, By Purpose, 2021 & 2031F |
9.4 Hungary Real Estate Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Hungary Real Estate Market - Competitive Landscape |
10.1 Hungary Real Estate Market Revenue Share, By Companies, 2024 |
10.2 Hungary Real Estate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |