Hungarians live their lives in only 3 apartments

According to hvg.hu, Hungarians do not like to change their address card more frequently than 20 years. Based on a 2015 research of the Hungarian Central Statistical Office (HCSO), most Hungarians live their lives in only 3.4 apartments. In fact, this number is a bit bigger in case of people living in the cities. Consequently, it is a bit lower in case of those who live in smaller settlements.

The average Hungarians spend 10 years in one apartment

In truth, it is not worth to sell and buy apartments frequently in Hungary because of the high related costs. One should calculate not only with the sale price and the renovation of the newly bought apartment. He or she should also take into consideration the cost of advertisements, move and finally, the selling of the apartment.

According to experts of Bella Real Estate Agency,

their customers calculate with 5-10 years in case of a new apartment.

This is especially true now since real estate prices have been increasing for long. Experts say that their customers can be divided into three groups. Firstly, there are the more conscious ones who already calculate how they can sell their apartments later. Secondly, there are those who just simply fall in love with the apartment they choose to buy. Consequently, they do not worry about the details or the future.