Real Estate in Hungary

Last updated on Sep 25, 2023

Summary: An expat looking to buy a home in Hungary should begin by researching the local real estate market and familiarizing themselves with the different types of properties available. They should also consider their budget and the type of amenities they are looking for in a home. When searching for a home to buy in Hungary, expats should look for properties that are in good condition and have all the necessary amenities. These typically include a kitchen, bathroom, living room, bedrooms, and a garden or outdoor space. Expats should also consider the location of the property and the surrounding area. Foreigners are allowed to purchase properties in Hungary, however, there are certain restrictions in place. For example, foreigners are not allowed to purchase agricultural land or properties located in certain protected areas. Additionally, foreigners must obtain a permit from the local government before they can purchase a property.

How do I find a place to live in Hungary?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"I already knew the neighborhood from spending a summer here working as an intern. Found my apartment by asking friends & looking for apartments with roommates," remarked one member in Budapest.

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What is a typical expat home or apartment like in Hungary?

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.