Product Code: ETC269599 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Hungary real estate market has seen steady growth in recent years, driven by factors such as low interest rates, increased demand from foreign investors, and a strong economy. Budapest, the capital city, remains the most attractive location for property investment, with prices steadily rising in both the residential and commercial sectors. The residential market is primarily driven by a shortage of supply, pushing prices upwards while rental yields remain relatively high. Additionally, the government`s supportive policies for the real estate sector, such as the reduced VAT rate for new residential properties and the residency bond program attracting foreign investors, have further stimulated market activity. Overall, the Hungary real estate market presents opportunities for both local and international investors looking for stable returns and long-term growth potential.
The Hungary Real Estate Market is currently experiencing an upward trend in both residential and commercial sectors. Demand for housing is increasing due to low interest rates, government subsidies for home buyers, and a growing economy. Budapest, the capital city, is particularly attractive to investors and expats, driving up property prices and rental rates. The commercial real estate sector is also thriving, with a rise in office and retail space development, driven by strong demand from both local and international businesses. Additionally, the popularity of short-term rentals and Airbnb properties is on the rise, especially in tourist-heavy areas. Overall, the Hungary Real Estate Market is dynamic and competitive, offering opportunities for investors and developers alike.
The Hungary Real Estate Market faces several challenges, including a shortage of available housing stock in major cities like Budapest, which has led to rising property prices and affordability issues for buyers. Additionally, the lack of new construction projects due to strict regulations and permitting processes has further exacerbated the supply-demand imbalance. Foreign investors have also played a significant role in driving up prices, making it difficult for local residents to compete in the market. Furthermore, fluctuations in the economy and interest rates can impact the market`s stability and growth potential. Overall, these challenges create a complex environment for both buyers and sellers in the Hungary Real Estate Market.
The Hungary real estate market currently presents several investment opportunities, particularly in the residential sector. With a strong demand for rental properties in major cities like Budapest, investors can benefit from stable rental incomes and potential capital appreciation. Additionally, the government`s supportive policies, such as the preferential VAT rate for new residential properties and the Golden Visa program attracting foreign investors, make the market more appealing. The growing tourism industry in Hungary also creates opportunities for short-term rentals and Airbnb investments. Overall, investing in Hungary`s real estate market offers a promising outlook due to the country`s economic growth, increasing property values, and favorable investment climate.
The Hungarian government has implemented various policies to regulate the real estate market. One key policy is the Foreigners Purchase Act, which restricts non-EU citizens from purchasing property in certain areas deemed to be of strategic importance. Additionally, the government has introduced measures to promote home ownership, such as offering subsidies for first-time homebuyers and implementing tax incentives for property investments. To address the issue of housing affordability, there are rent control regulations in place to prevent excessive rent increases. Overall, the government aims to strike a balance between attracting foreign investment in the real estate sector and ensuring affordable housing options for its citizens through a combination of regulatory measures and incentives.
The future outlook for the Hungary Real Estate Market appears promising, with continued growth expected in the coming years. Factors such as strong economic fundamentals, increasing foreign investment, and a growing demand for both residential and commercial properties are likely to drive the market forward. The government`s initiatives to support the real estate sector, such as favorable lending conditions and incentives for property development, further contribute to a positive outlook. Additionally, Hungary`s strategic location within Europe and its improving infrastructure make it an attractive destination for real estate investment. Overall, the market is projected to remain robust, offering opportunities for both local and international investors looking to capitalize on the country`s expanding real estate sector.
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 Property, 2021 & 2031F |
3.6 Hungary Real Estate Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Hungary Real Estate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Economic growth in Hungary |
4.2.2 Low interest rates |
4.2.3 Increasing urbanization and population growth |
4.3 Market Restraints |
4.3.1 Regulatory changes impacting real estate transactions |
4.3.2 Limited availability of land for development |
4.3.3 Fluctuations in foreign investment |
5 Hungary Real Estate Market Trends |
6 Hungary Real Estate Market, By Types |
6.1 Hungary Real Estate Market, By Property |
6.1.1 Overview and Analysis |
6.1.2 Hungary Real Estate Market Revenues & Volume, By Property, 2021 - 2031F |
6.1.3 Hungary Real Estate Market Revenues & Volume, By Residential, 2021 - 2031F |
6.1.4 Hungary Real Estate Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.1.5 Hungary Real Estate Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.1.6 Hungary Real Estate Market Revenues & Volume, By Land, 2021 - 2031F |
6.1.7 Hungary Real Estate Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Hungary Real Estate Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Real Estate Market Revenues & Volume, By Sales, 2021 - 2031F |
6.2.3 Hungary Real Estate Market Revenues & Volume, By Rental, 2021 - 2031F |
6.2.4 Hungary Real Estate Market Revenues & Volume, By Lease, 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 property prices in key cities |
8.2 Rental yield trends |
8.3 Construction permits issued by the government |
9 Hungary Real Estate Market - Opportunity Assessment |
9.1 Hungary Real Estate Market Opportunity Assessment, By Property, 2021 & 2031F |
9.2 Hungary Real Estate Market Opportunity Assessment, By Type, 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 |