These are the most popular Hungarian cities on the real estate market

Following the Hungarian capital, Debrecen and its surroundings were the second most popular regions for property buyers last year. Here is the entire list of the most popular Hungarian cities, including the number of sales, which demonstrates that the property market closed a record year in Hungary last year.

In 2021, a total of 154 thousand property sales were concluded in the country. The most attractive destination in the real estate market was Budapest, followed by the Northern Great Plain region. Here, Hungary’s second most populous settlement,

Debrecen has emerged as a prominent city that is becoming increasingly popular among property buyers.

One of the reasons for this is the BMW plant which is currently under construction and will create thousands of new jobs in the region.

A total of 3400 sales were realized in Debrecen which is the second-highest number in Hungary, after Budapest. In addition to Debrecen, Szeged, Miskolc, Nyíregyháza and Szolnok are also increasingly popular among property buyers. As far as small settlements are concerned, Törökszentmiklós, Hajdúszoboszló and Hajdúböszörmény should be mentioned, with 360-380 sales on a yearly basis – reported by Pénzcentrum.

Back to Debrecen, the city’s popularity among property buyers is no surprise, as the soon-to-open BMW factory will create thousands of new jobs. This is why Debrecen is the most expensive city in the region. The average price per square metre of brick apartments sold last year was EUR 1,422 (~HUF 531,000); panel apartments cost EUR 1,192 (~HUF 445,000) per square metre and detached houses EUR 1,071 (~HUF 400,000) – according to the analysis of Otthon Centrum.