Hungary’s Balaton Vacation Home Prices Climb One-Fifth

  • 21 Jul 2015 9:00 AM
Hungary’s Balaton Vacation Home Prices Climb One-Fifth
Resale prices of vacation homes around Lake Balaton have gone up by 20% in the past year, but buyers are still paying just 150,000 forints per square metre on average, real estate broker Otthon Centrum told MTI. Turnover of vacation homes is up by about 40%, Otthon Centrum said. On the northern shore of the most popular holiday resort vacation homes are the most expensive in Balatonfüred, Balatongyörök and Vonyarcvashegy.

New homes are in short supply, but sell for about 400,000 forints per square metre in Balatonfüred and 550,000 forints in Siófok, on the southern shore of the lake.

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