Based on the latest data series of the Budapest Housing Market Report for the third quarter of 2020, property prices are still skyrocketing in the Hungarian capital. The average price per square meter is close to EUR 2,700 (~HUF 970,000); while in the trendiest districts of Buda, property prices start from EUR 4,200/m2 (~HUF 1.5 million/m2).
the average floor area of a newly built apartment for sale in Budapest is 70.7 m2 (adjusted with balconies and terraces); for EUR 2,700 per square meter.
In the case of Buda, the most expensive areas are the first and second districts; while on the Pest side, the 6th and 7th districts take the prime, with an average price between EUR 3,200-4,460/m2.
- Budapest real estate: most people move to these districts
- You can buy such property for 150,000 EUR on the Hungarian real estate market