Subscribe to our social channels to get the latest news about Hungary!
Affordable holiday homes in the Hungarian countryside? It’s possible!
Change language:
Finding affordable holiday homes in Hungary has become increasingly challenging. However, there are still opportunities to purchase fabulous properties for a fraction of the usual cost. Let’s take a look at the current market for countryside weekend houses, including price trends, popular areas and the importance of energy efficiency.
Sales of holiday homes have experienced a significant decline in the first five months of this year, dropping by 40% compared to the same period last year. Despite this, the average prices have risen from HUF 22.8 million (EUR 60,000) to HUF 28.4 million (EUR 76;000). The market is seeing fewer transactions, but those who do buy tend to invest in higher-quality properties, writes Hello Vidék.
Market trends
Just like the housing market, the holiday home market is witnessing an increase in supply and a decrease in prices. Buyers are now starting to pay closer attention to the energy efficiency of buildings, considering factors such as heating systems, insulation and well-sealed windows. Proper energy parameters are crucial for those intending to use the properties beyond occasional weekend stays.
Lake Balaton, the most expensive region, has seen an average price increase of 22%in the first five months of this year. Prices per square meter are highest in popular settlements like Siófok and Zamárdi, exceeding HUF 1 million (EUR 2,670). The farther you move from the immediate lakeside, the lower the average price drops. Lake Velence offers similar price levels to the western basin of Lake Balaton, while Lake Tisza presents more affordable options.
The dome thing is a made-in-China (attempt at a) glorified tent. I’ve seen far better ones for less than a couple thousand bucks, and NOT made in China. I’m guessing most of the 11Gs is for the plot rather than the tent itself.