Foreign Interest In Hungarian Property Intensifies

  • 8 May 2014 10:30 AM
Foreign Interest In Hungarian Property Intensifies
Last year 1,365 foreigners got 1,267 Hungarian property ownership permits, the majority Russian. According to the data posted on the government’s website, this number has increased compared to 2011, when 1,069 foreign nationals obtained 1,120 permits, and 2012, when the respective numbers were 1,110 and 1,186.

The highest number of foreigners, 510, were Russian, followed by Chinese and Ukrainians.

Last year just over 50% of the properties purchased were situated in Budapest while popular areas outside the capital were in Zala and Győr-Moson-Sopron counties in the west of the country.

Source www.hungarymatters.hu

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