Should I buy or rent a home in Budapest?
If you have not spent a lot of time in Budapest, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Budapest can be a great investment, as the city is growing in popularity and the real estate market is booming. However, it is important to consider the cost of living in Budapest, as well as the cost of purchasing a home. Renting a home in Budapest can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Budapest should be based on individual needs and preferences," wrote a member who made the move to Budapest, Hungary.
Get Quote
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
Get Quote
"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," explained one expat living in Budapest, Hungary.
Please login to continue reading this article.
Not a member? Join Today (it's free).
Other Questions:
- What should I pack when moving to Budapest?
- Where should I setup a bank account in Budapest?
- Will I be able to find a job in Budapest?
- What is life like in Budapest?
- What do expats in Budapest appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Budapest?
- Is there a lot of diversity? Are people in Budapest accepting of differences?
- What are the schools in Budapest like?
- What are healthcare services like in Budapest?
- What are medical services in Budapest like?
- Are healthcare and health insurance expensive in Budapest?
- What are emergency services like in Budapest?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Budapest?
- How are local medical facilities in Budapest?
- As a foreigner living in Budapest, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Budapest?
If you live in Budapest, newcomers to Budapest would love to hear your answer to this question.