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

Shopping

market in Hungary

Traditional farmer’s market

The shackles of communism were removed in the early 1990’s and when it comes to shopping Hungary has been developed and transformed  beyond belief but at the same time still retained the traditional local shops – butchers, bakers, florist etc. All the popular names can be seen – IKEA, Tesco, Lidl, Aldi, C & A etc and certainly in the Budapest area modern shopping centres have been built. Several large German owned stores such as Metro (Makro), Obi, Praktiker, Baumax etc have established retail outlets around Hungary. Tesco started to invest in Hungary in 1994 and now has over 200 stores with over 85 % of items now being sourced from Hungarian suppliers.

Auchen stores stock just about everything and these can be found in the major cities of Budapest and Szekesfehervar close to Lake Balaton. Electrical stores such as Media Markt stock a wide range of Hi-tech and white consumer goodsIn the villages the smaller supermarkets chains remain – Penny market, CBA.

Despite the massive  investment in retail space, prices remain in line with Hungarian wage levels ( approx £100 / €120 pw net) and it is not uncommon to find the same item for sale in IKEA Hungary at half the price of the same item for sale back at home.

Christmas Market by TopBudapestOrg

Christmas Market by TopBudapestOrg

In the centre of Budapest the high profile fashion brands can be seen along the pedestrianized street of Vaci Utca