The Hungarian Guide - Investing and retiring in Hungary

  • A stunning capital with unique setting A stunning capital with unique setting
  • walking and birdwatching paradise walking and birdwatching paradise
  • undisturbed nature rich in rare species undisturbed nature rich in rare species
  • enjoy the 144 mile lakeside cycle track enjoy the 144 mile lakeside cycle track
  • Teeming with History Teeming with History
  • over 300 Thermal Health Spas and warm lakes over 300 Thermal Health Spas and warm lakes
  • picturesque lakes with Carp weighing over 100 lb picturesque lakes with Carp weighing over 100 lb
  • Feast on delicious sunripened local fruit Feast on delicious sunripened local fruit
  • Lake Balaton gets as warm as the Caribbean in the summer Lake Balaton gets as warm as the Caribbean in the summer
  • Tranquil Lake Balaton Tranquil Lake Balaton
  • Lush rolling hills of western Hungary Lush rolling hills of western Hungary
  • buy a thatched cottage for under £30 000.. buy a thatched cottage for under £30 000..
  • horsemen and nature lovers paradise horsemen and nature lovers paradise
  • Europe's second largest freshwater lake Europe's second largest freshwater lake
  • A paradise for watersport enthusiasts A paradise for watersport enthusiasts
  • Tihany peninsula- a pearl of history and nature Tihany peninsula- a pearl of history and nature

Why buy property in Hungary?

hungarian farmhouse

Here are some of the things that make Hungary a fabulous place to live.

  • Value For Money

Hungary is probably over 60% cheaper than the UK and Ireland. House prices are a fraction of UK and Irish prices. You can buy a house in Hungary for below £10,000 / €12,000, in a rural location, 15 minutes from the tourist centre of Hungary-Lake Balaton. Properties on offer in Hungary are just no longer available in the UK & Ireland. Similar properties throughout the rest of Europe are typically more than 3 x Hungarian prices

  • Higher Interest on bank Savings 

Savings in Hungarian banks, are almost double that of the UK & Ireland. Also, as with the rest of the EU, you are insured through Europe up to £85,000 for a single account holder, £170,000 on a joint account. You are entitled to a Hungarian bank account as a property owner.

  • Climate

Hungary is around 8 degrees hotter than the UK & Ireland in summer, with around 50% less rainfall. Its still 8 degrees cooler than Spain, so if you would like to see a bit more of the sun, but find Mediterranean heat oppressive, then Hungary might be for you. See our dedicated climate page for more information on summer, spring, winter and autumn climate statistics.

  • Freehold

All the property we sell has absolute title in your name and an existing, established property. There is consequently no buying off -plan and no leaseholds in blocks of flats that have dubious title over the land. The land and property is yours and its freehold.

  • Health

Emergency Healthcare is free for all EU citizens in Hungary. Obtain a EHIC card before you travel

  • Accessible by Air

Return flights by the budget airlines typically cost £50 to £120 return ( €60 to €140 return ) when booked a few months or so in advance. There are more than 150 of these flights a week meaning that you can see your family back at home whenever you want and they can visit you cheaply as well.

  • Property Value Appreciation

Property prices in Hungary are dramatically undervalued when compared with the rest of Europe. Has a consequence prices of properties in the Lake Balaton area have risen by approx. 6% per annum over recent times. Hungary did not experience a property boom like the rest of Europe in the period 2000 to 2008. Similar properties in neighbouring Croatia are approx. 3 times more expensive and Austria the difference is even greater.

  • Free Travel

Over 65′s travel by rail and bus for free in Hungary and as an EU citizen so do you.

  • Established expatriot scene

Although we expect to see a rise in British & Irish people purchasing holiday homes and homes to rent in the Lake Balaton area, there is an expatriot club with over 150 members and regular meets, so it won’t be long before you know everybody. There are currently well over 1500 ex-patriots living in Hungary – granted no where near as many as Spain but enough to acquire knowledge and make new friends..

Enquire about a trip to view properties!