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Hungary – luxury property sales are booming
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In the first half of the year, the number of properties sold over EUR 3100/m2 has doubled compared to the same period last year, while a 35% growth can be observed when it comes to 2018’s second half, reported Duna House to MTI.
According to the publication, the majority of these properties can be found in the inner Pest districts of the capital – the 5th, 6th, 7th districts – and in the newly built houses of the 13th district along the River Danube. It also needs to be mentioned that nearly 50% of the properties located at the Buda side were sold for a price of more than EUR 2,500 per square meter.
As far as the countryside is concerned, the most expensive properties – EUR 3100/m2 – are sold at Lake Balaton, namely Balatonfüred on the northern and Siófok on the southern parts, while in the eastern side of the country, Debrecen bears the highest prices.