€1.3+ million
Apartment in the centre of Budapest with a view of the Danube or the historical centre
Hungary doesn’t limit sales of properties and land to foreigners, except for agricultural land and architectural monuments. However, most foreigners must get permission to purchase a property from the Land Registry of Hungary through a local lawyer.
Statistics confirm the liquidity of investments: according to the Eurostat data, residential real estate prices grew by 230% since 2010, making Hungary the leader in the EU.
€2,900
Average price per 1 m²
3.4%
Average price growth by quarter
10%
Associated costs, of the property value
€1.3+ million
Apartment in the centre of Budapest with a view of the Danube or the historical centre
€500,000
Apartment in the centre of Budapest
€200,000
Apartment outside the centre of Budapest
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Owning property in Hungary does not automatically grant residency. However, having a registered Hungarian address—typically by buying or renting residential property—is a prerequisite for obtaining residency.
Hungary offers a Golden Visa that provides a pathway to residency through specific investments:
a minimum €250,000 investment in approved real estate funds, or
a €1 million donation to a Hungarian university or educational institution.
The investor can add their spouse and children in the application. Upon making the investment, applicants and their families are granted residence permits, which allows them to live, work, and study in Hungary.
The permit can be renewed once for 10 more years.
Other available residency options include:
If the resident lives in Hungary permanently, they can become permanent residents after 3 years. Citizenship becomes available to permanent residents after 8 more years.
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We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
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6+ months
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2+ months
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Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Alina Mishurenko, Editor-in-chief, content creator
The sale of real estate and land to foreigners in Hungary is not limited, except for agricultural land and historic buildings. However, the majority of foreign buyers are required to obtain purchase approval from the Hungarian Land Registry, a process typically handled by a local lawyer on their behalf.
The average price per 1 m² of housing in Hungary is €2,900. A 3-bedroom apartment in the centre of Budapest costs approximately €500,000.
Yes. The sale of real estate and land to foreigners in Hungary is not limited, except for agricultural land and historic buildings.
Buying real estate in Hungary does not automatically entitle you to a residence permit. However, owning or renting a residential property is a mandatory condition for applicants seeking various types of residence permits, including the Golden Visa.
The entire process, from selecting a property to signing the agreement, takes 1—2 months.
Compared to other European countries, property prices in Hungary, particularly in cities like Budapest, can be relatively affordable. This makes it an attractive option for individuals seeking to invest in real estate without a significant financial burden.
In Budapest, for example, prices for houses can range from relatively affordable to quite expensive, depending on the neighbourhood. In central and prime areas of Budapest, such as the historic districts of Buda and Pest, prices tend to be higher due to high demand and limited availability of properties.
Outside of Budapest, in smaller cities, towns, and rural areas of Hungary, houses can be even more affordable, offering potential for investment or relocation at lower costs.