Whether or not you buy or rent depends on how long you plan to stay in Hungary, and whether you are ready to take a risk on the house's future value. Should you decide to purchase a home in Hungary, we recommend that you use expert help such as a real estate agency or a law firm that specializes in real estate transactions.
- Never discuss purchase prices or rental fees with the homeowner. Leave this to the appropriate agent.
- Never commit yourself until you are completely sure.
|
Housing by Area: |
Size (m2) |
Rental Range in EURO |
|
Districts: 1st, 2nd & 12th |
||
|
1 Bedroom Apartment |
50 - 70 |
700 – 1 200 |
|
2 Bedroom Apartment |
70 - 120 |
1,200 – 2 000 |
|
3 Bedroom Apartment |
100 - 180 |
1,800 – 3 000 |
|
4 Bedroom Apartment |
150 - 250 |
2,500 – 3,500 |
|
3 Bedroom House |
180 - 300 |
1,800 – 3 000 |
|
4 Bedroom House |
200 - 400 |
2,800 – 4 000 |
|
5 Bedroom House |
240 - 500 |
3,500 – 8 000 |
|
Large villa suitable for residence |
500 - 000 |
7 000 – 15 000 |
|
Districts: 2A, 3rd & 11th |
||
|
1 Bedroom Apartment |
50 - 70 |
600 – 1 000 |
|
2 Bedroom Apartment |
70 - 120 |
1 000 – 1,200 |
|
3 Bedroom Apartment |
100 - 180 |
1,400 – 2,500 |
|
4 Bedroom Apartment |
150 - 250 |
1,600 – 3 000 |
|
3 Bedroom House |
180 - 300 |
1,800 – 3 000 |
|
4 Bedroom House |
200 - 400 |
2 000 – 4,500 |
|
5 Bedroom House |
240 - 500 |
3 000 – 5,500 |
|
District 5th & 6th |
||
|
1 Bedroom Apartment |
50 - 70 |
600 – 1,300 |
|
2 Bedroom Apartment |
70 - 130 |
1,200 – 2 000 |
|
3 Bedroom Apartment |
100 - 200 |
1,700 – 4 000 |
|
4 Bedroom Apartment |
160 - 300 |
2,500 – 5 000 |
An average quality property is between 13-15 EUR/sqm and an above average real estate is about 20 EUR/sqm.
Keep in mind that when buying a house you have to add roughly 10 percent to the final price for additional expenses such as property taxes, lawyers' fees and registration fees. The seller pays the real estate agent’s fees. Property tax is based on the purchase price: 2 percent up to 4 million HUF and 6 percent above 4 million HUF. Legal fees are usually 1.5 to 2 percent of the purchase price. It is compulsory to use the services of an attorney specializing in real estate. Make sure that the contract includes an escape clause* (in case you cannot get a municipality permit, residence permit, etc.)
Also make sure to get a list of all appliances, window coverings, garden tools, and other things that come with the house.
Tel: 1220
www.telenor.hu
Tel: +36 1 265 92 10
1412
1430
www.telekom.hu
Tel: +36 1 438 00 09
1270
www.vodafone.hu
Telekom – www.telekom.hu
UPC – www.upc.hu
DIGI – www.digi.hu
www.digi.hu
Tel: 1272
http://www.t-home.hu/english/internet/residential
Tel.: 1412
www.btel.hu
Tel: 1235
www.invitel.hu
Tel: 1288 or 1443
www.externet.hu
Tel: 1201
www.upc.hu
Tel: 1221
The electrical system is the 230 volt/50 Hz AC. If your home country uses 110 volts (like the U.S.), you will need a converter. Converters and adaptors can be hard to find in Hungary, so it pays to check your local electrical store before you come over. To make life easier, it's advisable to leave most of your non-230-volt appliances at home. If you do bring these appliances, it's not a bad idea to purchase a large transformer system.
While gas is still the most common fuel for heating and cooking, electrical ranges are becoming more prevalent.
The water may taste different here, but it is considered safe to drink. Because the water is a bit hard, it's a good idea to use a water softener in your washing machine after about five or ten cycles. Calgon is a common brand, and it typically has pictorial and/or English instructions on the back of the box.
Garbage is typically collected once or twice a week. Now most of the households have blue and yellow trashes for plastic and paper waste. In some places big selective trashes can be found on the streets as well. As stated in the shopping section, some kinds of glass can be returned to grocery stores to get the deposit back.
For more information
www.xpatloop.com - News, events, and activities for English speaking expats.
www.1800flowers.com - Send flowers to friends and family back home.
www.expatshungary.com - Info geared to expats