110806-XiYSV8nakbUFQPLI2LC8ZQ

RUSSIANS AND CHINESE SNATCH THE REAL ESTATES FROM UNDER THE HUNGARIAN NOSE

We should not believe that the real estate prices skyrocket just because of the peculiarities of the Hungarian economy. Thousands keep the flat prices high in order to prepare for the buying of rich foreigners. And all those people having arrived with residency bonds for non-EU citizens do not deceive hopes.

According to the data of the governmental site www.kormany.hu, published on Tuesday (21.03.2017) last year 3163 properties have been bought by foreigners.
The most real estates found new owners in the 7th district of Budapest. Well off immigrants acquired 321 immovables there.
On the countryside Hévíz was the most popular city. 58 foreigners bought in there, among them 44 Russians.

Citizens of the following nations buy the most real estates:
Chinese: 1213 persons
Russians: 446 pers.
Ukrainians: 231 pers.
Israelis: 215 pers.
Americans: 139 pers.
Turks: 101 pers.


Translator: Bendeguz Kovács 25.03.2017.