Expat Exchange
Liberty Bridge in Budapest
Liberty Bridge in Budapest
Liberty Bridge in Budapest

Real Estate in Hungary

By Betsy Burlingame

Last updated on Nov 27, 2021

Summary: People living in Hungary offer advice about real estate. How do you find a home in Hungary? Should you buy or rent? What is the cost of housing?

Allianz Care International Health Insurance
Allianz Care International Health Insurance
Allianz Care International Health Insurance
Allianz Care International Health Insurance

How do I find a place to live in Hungary?

Live in Hungary? Answer this Question

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

"We looked online and found it on a Ingatlan (Realtor) Hungarian/English site. Wasn't very hard to look through the pictures. You can also use sites like xpatloop.com to help locate the Realtors. Housing in Budapest is expensive right now for anything above 900 sq ft. and hard to find," said another person in Budapest.

"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," added another expat who made the move to Budapest.

Get a free international health insurance quote from our partner, Allianz Care, whose plans ensure that you have access to quality healthcare whenever you need it. Allianz's flexible solutions allow you to tailor your cover to meet your needs and budget.
Allianz Care International Health InsuranceInternational Health Insurance in Hungary

Get a free international health insurance quote from our partner, Allianz Care, whose plans ensure that you have access to quality healthcare whenever you need it. Allianz's flexible solutions allow you to tailor your cover to meet your needs and budget.
Get a Quote

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

Live in Hungary? Answer this Question

"We live in an apartment and is quite common for expats. But, expect them to be small at the lower prices. Better deals can be found outside the city like a house for example but the drive into the city can be terrible at times," remarked another member in Budapest.

"I live in an old apartment with a typical, Budapest courtyard that I love. It is a typical young-person's and there are many foreign students, but it's not a typical expat neighborhood. Expat neigbhorhoods are 5th and 6th district (around the embassies and businesses downtown) or residential Buda side districts like 1, 2, 2A and 12," explained one expat living in Budapest, Hungary.

Allianz Care International Health Insurance

Get a free international health insurance quote from our partner, Allianz Care, whose plans ensure that you have access to quality healthcare whenever you need it. Allianz's flexible solutions allow you to tailor your cover to meet your needs and budget.

Learn MoreGet a Quote

Allianz Care International Health Insurance

Get a free international health insurance quote from our partner, Allianz Care, whose plans ensure that you have access to quality healthcare whenever you need it. Allianz's flexible solutions allow you to tailor your cover to meet your needs and budget.

Learn MoreGet a Quote

What is the average cost of housing in Hungary?

Live in Hungary? Answer this Question

If you are thinking about moving to Hungary, cost of living in probably a key consideration. Expats commented about the cost of housing:

"I would say outside the city lower but inside the city normal for most US cities and lower for cities like NYC and DC. The average cost for a 1200 square ft. apartment is around the same price usds. If you get a good deal that would include utilities. We pay 720. usds on the average for a 1 bedroom apartment including utilities. We were lucky," remarked another member in Budapest.

Should I buy or rent a home in Hungary?

Live in Hungary? Answer this Question

If you have not spent a lot of time in Hungary, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Yes my husband and I very quickly purchased a unrenovated apartment. I am a real estate consultant, so I believe in renovation adding value . I did not want to pay for someone else's poor renovation. The process is not difficult. You may contact me for help," remarked another member in Budapest.

"We rented initially - we were lucky with our landlord but the process was easy. We have now purchased an apartment in a complex of 8 - the professionals were very helpful and it was not difficult at all," explained one expat living in Nagykanizsa, Hungary.

"It is not a difficult process if you are not getting a loan - that is difficult for a foreigner. But when you consider I came with next to nothing and was able to purchase - you can too. If you remodel, call me - this was the reason I began my expat assistance business - despite speaking the language that was a great challenge," said another person in Budapest.

About the Author

Betsy Burlingame 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.

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

Hungary GuideHungary Guide
Learn what members have to say about living in Hungary.

Hungary Forum Hungary Forum
Talk with other digital nomads and expats in Hungary on our Hungary forum - meet people, get advice and help others.

Hungary Index Hungary Index
An index of all of our site's Hungary information.

Contribute to Hungary Network Contribute
Help others in Hungary by answering questions about the challenges and adventures of living in Hungary.

Expat Healthcare Advice in HungaryHealthcare & Health Insurance in Hungary

Expats in Hungary offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Hungary.

Expat Talk about Healthcare Advice in HungaryMembers Talk about Healthcare & Health Insurance in Hungary

Expats in Hungary offer advice about healthcare in Hungary.

Best Places to Live in Hungary Best Places to Live in Hungary

Hungary is sometimes overlooked as a retirement destination. Expats who retire in Hungary appreciate the low cost of living; rich history; friendly people; and beautiful cities, towns and countryside.

Real Estate in HungaryReal Estate in Hungary

Real estate listings in popular cities and towns in Hungary.

Guide to Real Estate in HungaryGuide to Real Estate in Hungary

Advice for people renting and buying real estate in Hungary.

Pros Cons of Living in HungaryPros & Cons of Living in Hungary

Take off your rose-colored glasses and learn what digital nomads & expats have to say about the biggest challenges and the greatest rewards of living in Hungary.

Cost of Living in HungaryCost of Living in Hungary

Digital Nomads & Expats offer insight into the cost of living in Hungary.

7-Best-Places-to-Retire-in-Hungary7 Best Places to Retire in Hungary

Hungary is sometimes overlooked as a retirement destination. Expats who retire in Hungary appreciate the low cost of living; rich history; friendly people; and beautiful cities, towns and countryside. Here are 7 places that retire expats recommend to check out when considering Hungary for retirement.

International-Schools-in-BudapestInternational Schools in Budapest

There are numerous international and bilingual schools in Budapest. In this article, we highlight some of the more popular international schools school for expats in Budapest.

Liberty Bridge in Budapest

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

Hungary GuideHungary Guide
Learn what members have to say about living in Hungary.

Hungary Forum Hungary Forum
Talk with other digital nomads and expats in Hungary on our Hungary forum - meet people, get advice and help others.

Hungary Index Hungary Index
An index of all of our site's Hungary information.

Contribute to Hungary Network Contribute
Help others in Hungary by answering questions about the challenges and adventures of living in Hungary.

Expat Healthcare Advice in HungaryHealthcare & Health Insurance in Hungary

Expats in Hungary offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Hungary.

Expat Talk about Healthcare Advice in HungaryMembers Talk about Healthcare & Health Insurance in Hungary

Expats in Hungary offer advice about healthcare in Hungary.

Best Places to Live in Hungary Best Places to Live in Hungary

Hungary is sometimes overlooked as a retirement destination. Expats who retire in Hungary appreciate the low cost of living; rich history; friendly people; and beautiful cities, towns and countryside.

Real Estate in HungaryReal Estate in Hungary

Real estate listings in popular cities and towns in Hungary.

Guide to Real Estate in HungaryGuide to Real Estate in Hungary

Advice for people renting and buying real estate in Hungary.

Pros Cons of Living in HungaryPros & Cons of Living in Hungary

Take off your rose-colored glasses and learn what digital nomads & expats have to say about the biggest challenges and the greatest rewards of living in Hungary.

Cost of Living in HungaryCost of Living in Hungary

Digital Nomads & Expats offer insight into the cost of living in Hungary.

International-Schools-in-BudapestInternational Schools in Budapest

There are numerous international and bilingual schools in Budapest. In this article, we highlight some of the more popular international schools school for expats in Budapest.

Guides to Cities in Hungary
Budapest Tarnazsadany
Country Resources
Health Insurance Moving & Shipping More Resources

Copyright 1997-2022 Burlingame Interactive, Inc.

Privacy Policy Legal