Property for little money in Hungary? Search here!

We have reported on the affordable properties in Miskolc, a town in Northeast Hungary before. Now Pénzcentrum has taken a look at the cheapest streets to buy property in Veszprém, one of Hungary’s oldest founded cities.

In the cheapest streets of Veszprém you can find residential property for less than HUF 100,000 (EUR 260) per square metre. What is more, according to the latest data, the cheapest flats were sold for just HUF 17,000 (EUR 44.28) per square metre in the last year surveyed by the Central Statistical Office (KSH).

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Affordable property in Veszprém

According to National Tax and Customs Administration (NAV) data from official transactions available at the KSH, the average price asked for a square metre of residential property in Veszprém in the second quarter of 2022 was HUF 634,464 (EUR 1652.52), Pénzcentrum reports. At the same time, there is a larger variation in unit prices and transaction numbers by property type.

At the request of Pénzcentrum, ELTINGA has compiled a detailed set of data. This shows that in the second quarter of 2022, second-hand brick apartments sold for HUF 693,296 (EUR 1805.9) per square metre, based on 135 transactions. Meanwhile, panel apartments sold for HUF 580,200 (EUR 1511.30), based on 124 transactions. For detached houses, owners asked HUF 541,114 (EUR 1409.49) per square metre, based on 13 transactions.

This is the average data. The question is: what do deeper statistics show? To find out, Pénzcentrum has extracted the most affordable streets of Veszprém in 2021 from the recently published “Ingatlanadattár, Magyarországi lakásárak, 2005-2021” (Real Estate Data, Hungarian Housing Prices, 2005-2021) by KSH.

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The 20 cheapest streets in Veszprém

1. Házgyári Street (HUF 17,000/sqm) (EUR 44.28)
2. Bolgár Mihály Street (HUF 80,000/sqm) (EUR 208.33)
3. Szarvas Street (HUF 86,000/sqm) (EUR 223.83)
4. Fejesvölgy Street (HUF 95,000/sqm) (EUR 247,60)
5. Hajnal Street (HUF 101,000/sqm) (EUR 263.20)
6. Alsóerdő Street (HUF 114,000/sqm) (EUR 297.07)
7. Győri Street (HUF 114,000/sqm) (EUR 297.07)
8. Május 1. Street (HUF 115,000/sqm) (EUR 299.68)
9. Halle Street (HUF 119,000t/sqm) (EUR 310.10)
10. Batthyány Street (HUF 129,000/sqm) (EUR 336.16)
11. Munkácsy Mihály Street (HUF 129,000/sqm) (EUR 336.16)
12. Előd Street (HUF 131,000/sqm) (EUR 341.38)
13. Haszkovó Street (HUF 133,000/sqm) (EUR 346.59)
14. Damjanich János Street (HUF 136,000/sqm) (EUR 354.41)
15. Zirci Street (HUF 138,000/sqm) (EUR 359.62)
16. Stromfeld Aurél Street (HUF 139,000t/sqm) (EUR 362.22)
17. Kossuth Lajos Street (HUF 146,000/sqm) (EUR 380.46)
18. Síp Street (HUF 146,000/sqm) (EUR 380.46)
19. Tiszafa Street (HUF 146,000/sqm) (EUR 380.46)
20. Jutasi Street (HUF 148,000/sqm) (EUR 385.68)

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Source: penzcentrum.hu