Real Estate in Budapest

"We looked online and found it on a Ingatlan (Realtor) Hungarian/English site. Wasn't very hard to look through the pictures. You can also use sites like xpatloop.com to help locate the Realtors. Housing in Budapest is expensive right now for anything above 900 sq ft. and hard to find," said one person in Budapest.

"One of the best ways to find a place to live in Budapest is to use online rental websites such as Airbnb, HomeAway, and Booking.com. These websites allow you to search for rental properties in Budapest and filter your search by price, location, and amenities. Additionally, you can also search for rental properties on local classifieds websites such as Craigslist and OLX. These websites are a great way to find apartments and other rental properties in Budapest. You can also contact local real estate agents who specialize in rental properties in Budapest. They can help you find the perfect place to live in Budapest," remarked one foreigner who made the move to Budapest.

"I already knew the neighborhood from spending a summer here working as an intern. Found my apartment by asking friends & looking for apartments with roommates," explained one person living in Budapest, Hungary.

"We live in an apartment and is quite common for expats. But, expect them to be small at the lower prices. Better deals can be found outside the city like a house for example but the drive into the city can be terrible at times," said one person in Budapest.

"I live in an old apartment with a typical, Budapest courtyard that I love. It is a typical young-person's and there are many foreign students, but it's not a typical expat neighborhood. Expat neigbhorhoods are 5th and 6th district (around the embassies and businesses downtown) or residential Buda side districts like 1, 2, 2A and 12," remarked one foreigner who made the move to Budapest.

"Expat homes and apartments in Budapest are typically modern and spacious, with high ceilings and large windows that let in plenty of natural light. Many of the apartments have balconies or terraces, offering stunning views of the city. The interiors are often decorated with contemporary furnishings and feature modern amenities such as air conditioning, dishwashers, and washing machines. Expat homes and apartments in Budapest are typically located in the city center, close to public transportation, shops, restaurants, and other amenities," explained one person living in Budapest, Hungary.

"I would say outside the city lower but inside the city normal for most US cities and lower for cities like NYC and DC. The average cost for a 1200 square ft. apartment is around the same price usds. If you get a good deal that would include utilities. We pay 720. usds on the average for a 1 bedroom apartment including utilities. We were lucky," said one expat who made the move to Budapest.

"The cost of housing in Budapest can vary greatly depending on the area and type of accommodation. Generally, the average cost of renting an apartment in Budapest is around €500-€700 per month, while the average cost of buying a property is around €1,500-€2,000 per square meter," explained one foreigner living in Budapest, Hungary.

"Yes my husband and I very quickly purchased a unrenovated apartment. I am a real estate consultant, so I believe in renovation adding value . I did not want to pay for someone else's poor renovation. The process is not difficult. You may contact me for help," said one expat in Budapest.

"Buying a home in Budapest can be a great investment, as the city is growing in popularity and the real estate market is booming. However, it is important to consider the cost of living in Budapest, as well as the cost of purchasing a home. Renting a home in Budapest can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Budapest should be based on individual needs and preferences," remarked one member in Budapest.

"It is not a difficult process if you are not getting a loan - that is difficult for a foreigner. But when you consider I came with next to nothing and was able to purchase - you can too. If you remodel, call me - this was the reason I began my expat assistance business - despite speaking the language that was a great challenge," explained one expat living in Budapest, Hungary.

"1. It is important to research the area you are interested in buying property in, to ensure it is a safe and desirable location. 2. It is also important to research the local market to ensure you are getting a fair price for the property. 3. You should also consider the cost of living in the area, as well as any additional costs associated with owning a property in Hungary. 4. You should also be aware of any taxes or fees associated with buying property in Hungary, such as transfer taxes and registration fees. 5. It is also important to ensure that the property is legally registered and that all necessary paperwork is in order. 6. It is also advisable to seek legal advice when purchasing property in Hungary, to ensure that all of your rights and obligations are fully understood," said one person in Budapest.

"Yes, foreigners are allowed to own property in Budapest. However, there are certain restrictions and requirements that need to be met. Non-European Union (EU) citizens must obtain a permit from the local authorities before purchasing property. This process can take several months, but once the permit is granted, the foreigner can proceed with the property purchase. EU citizens, on the other hand, do not need a permit and can buy property in Budapest just like Hungarian citizens. It is important to note that all property transactions must be registered with the Hungarian Land Registry, and it is advisable to work with a local lawyer to ensure a smooth process," said one in Budapest.

"Rental properties in Budapest typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and other small kitchen appliances. Additionally, some properties may include furniture such as beds, couches, and tables," wrote one expat who made the move to Budapest.

"Expats searching for homes in Budapest often start by browsing online property portals and websites that cater specifically to the expat community. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they might reach out to local real estate agents who are experienced in working with foreigners and can help navigate the local housing market. Some expats may also explore local newspapers and classified ads for rental or sale listings. Finally, word of mouth and networking with friends, colleagues, and acquaintances can also be a valuable resource in finding a suitable home in Budapest," explained one foreigner living in Budapest, Hungary.