Hungarian real estate market skyrocketing

Thet latest analysis of Ingatlan.hu reveals that the most popular residential park is the one at Lajos Street. The study also drew some interesting conclusions. These include that the most expensive flats are in Újlipótváros: they usually cost 1560 euros per square meter. Among the flats in the countryside, the ones close to Budapest are the most popular, like in Érd or Pomáz. The most expensive flats are in Budaörs. Hungary’s cheapest flats can be found in Ózd, Komló or Mezőhegyes.

As Index.hu reports, the analysis shows that flats are quite popular: they are often 30 percent cheaper than housings built with brick. Their upkeep has also decreased in the recent years, so the demand for flats is constantly increasing. There are huge differences between regions of Hungary and the districts of Budapest. The analysis examined the popularity of residential parks among those who seek housing. It was also dealing with the prices for which the flats in each city or district are being sold.

It was revealed that the residential park in Lajos Street of District III  was the most popular in Budapest, as Ingatlan.com’s chief financial expert, László Balogh, stated. The second place went to the residential park in Pillangó Street and the “bronze medal” was awarded to the one in Gyöngyösi Street in District XIII. We can also mention Nagy Lajos Király Street in District XIV, Káposztásmegyer in District IV and Újlipótváros and Vizafogó Street in District XIII.