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In the most expensive district of Budapest, the price of second-hand homes sold in District 5 last year cost 884 thousand forints per square meters, while the price of new flats went up multiplied, an average price of around 1.5 million HUF per square meter must have been offered. In the financial and economic capitals of Western Europe, for the same quality flat one must pay three or four times more. In other districts of Budapest, the price of the apartments was between 200-800 thousand forints per square meters, depending on the location and the condition, similarly to the prices of the West European companions.
The most expensive apartments are located in larger cities of Switzerland and in the UK (London) and France (Paris). In these big cities, the average square meters of apartments move between the value of 2.1 and 4 million forints, moreover, in London you may have to pay more than 6.3 million forints per square meter.
The capital cities closest to Budapest are also overshadowing us. In Vienna it is possible to meet a square meter price of between 1.1 and 2.3 million forints, and an average square meter price of 1.2 million forints in Warsaw.
Source:
https://www.napi.hu/ingatlan/lakast_venne_ez_a_hir_erdekelni_fogja.654027.html
http://privatbankar.hu/ingatlan/azt-hitted-budapest-draga-szetneztel-mar-europaban-315243
H-1137 Budapest, Pozsonyi út 1.
Tel.: +36 1 808 9090
info@tower-investments.com • www.tower-investments.com
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Prices of apartments are indicative only. Pricing and availability should be confirmed with Tower International.
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