Affordable holiday homes in the Hungarian countryside? It’s possible!
Finding affordable holiday homes in Hungary has become increasingly challenging. However, there are still opportunities to purchase fabulous properties for a fraction of the usual cost. Let’s take a look at the current market for countryside weekend houses, including price trends, popular areas and the importance of energy efficiency.
Sales of holiday homes have experienced a significant decline in the first five months of this year, dropping by 40% compared to the same period last year. Despite this, the average prices have risen from HUF 22.8 million (EUR 60,000) to HUF 28.4 million (EUR 76;000). The market is seeing fewer transactions, but those who do buy tend to invest in higher-quality properties, writes Hello Vidék.
Market trends
Just like the housing market, the holiday home market is witnessing an increase in supply and a decrease in prices. Buyers are now starting to pay closer attention to the energy efficiency of buildings, considering factors such as heating systems, insulation and well-sealed windows. Proper energy parameters are crucial for those intending to use the properties beyond occasional weekend stays.
Lake Balaton, the most expensive region, has seen an average price increase of 22%in the first five months of this year. Prices per square meter are highest in popular settlements like Siófok and Zamárdi, exceeding HUF 1 million (EUR 2,670). The farther you move from the immediate lakeside, the lower the average price drops. Lake Velence offers similar price levels to the western basin of Lake Balaton, while Lake Tisza presents more affordable options.
Affordable Options
While the lakeside properties near Lake Balaton are costly, there are still affordable options available in the countryside. Websites like Ingatlan.com showcase various properties, including former cellars with arable land. Listings within the HUF 1 to 2 million (EUR 2670-5340) range are scarce, but some exist.
For example, this 15-square-meter cottage in Balmazújváros sits on an 800-square-meter plot.
Additionally, a 21-square-meter cellar-press house in Lenti offers a panoramic view and a large potential for expansion.
Délegyháza, situated near Lake Szakura, features a dome-shaped holiday village. This newly developed area offers special, unique accommodations, with 90 dome-shaped buildings available for purchase. The first 15 domes in Délegyháza are priced at HUF 4.2 million (EUR 11,240).
However, if you are swimming in cash, we also have something just for you! Balatonudvari presents a luxurious 10-bedroom holiday home with a private swimming pool and 4,159 m2 of land, though it comes at a price of almost HUF 1 billion (EUR 2.5 million).
Source: Hello Vidék
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1 Comment
The dome thing is a made-in-China (attempt at a) glorified tent. I’ve seen far better ones for less than a couple thousand bucks, and NOT made in China. I’m guessing most of the 11Gs is for the plot rather than the tent itself.