The real estate market has undergone numerous changes recently, and here’s a brief summary of the key factors shaping its future.
The government expects hundreds of billions of forints to flow from pension funds and maturing government bonds into the real estate market as investments.
Interest rates are becoming increasingly favorable, both for private mortgage loans and corporate property acquisitions.
The Golden Visa investor program is expected to attract foreign capital into the real estate sector.
Meanwhile, stricter Airbnb regulations in downtown Budapest may lead to a “normalization” of property prices in affected areas. However, in the most sought-after locations, a significant price drop remains unlikely.