Insane price gap between the cheapest and most expensive streets in Hungary

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Have you ever wondered how much real estate prices can differ depending on the area? In Hungary, real estate in certain streets can be 100 times cheaper than in others.

In our former article, we wrote that estate prices in Hungary can vary based on the region. Budapest is notoriously expensive with an average of EUR 2,765 per square meter. Salgótarján, Nagykanizsa, and Dunaújváros are less expensive. In Ormánság, there are many protected real estate, and owners can apply for funds to restore the houses. Wine regions are also nice places to buy real estate. The buyer’s most preferred regions are Tokaj, Kunság, and the Pécs area.

Ingatlan.com calculated the prices and the differences between the cheapest and the most expensive streets. Districts I, II, V, and XII of Budapest are the pricier ones. The costs of the cheapest real estate are like peanuts compared to them.

In District II of Budapest at Vérhalom square the most expensive real estate in 2020 cost 2 million forints per square meter. Vörösmarty square in District V was close second with 1.4 million forints per square meter. Dorottya street in the same district was quite pricey as well. Here, one square meter can cost as much as 1.38 million forints for the buyer.

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