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3 Premium Properties in Budapest That Could Be Excellent Investments

Investing in premium properties not only provides a safeguard alongside your other financial assets but also serves as a reliable source of income, especially if the property is located in a prime area and is in demand among tenants.

Even during challenging times, people continue to buy and rent properties, ensuring a stable return for investors. Moreover, properties in good locations are easy to sell when needed, making them relatively liquid assets.

Hungary: A Safe Haven for Real Estate Investments

The stable growth of the Budapest real estate market attracts both local and international investors. The city’s cultural, political, and economic significance, combined with its stunning architecture, surrounding hills, abundant parks, and vibrant culinary scene, make it an appealing destination.

Over the years, the prices of both new and pre-owned properties, as well as rental rates, have shown steady growth in Hungary, a trend largely unaffected by the pandemic.

Although rental prices saw multiple declines in 2020, they began to rise steadily again from February 2021.

Overall, since the low point of January 2021, rental prices in Budapest have increased by approximately 5.9%, with further growth anticipated in the near future.

What Drives Rental Price Increases?

Several factors have contributed to the recent price increases. Economic recovery and the resurgence of tourism are positive influences, but a key factor in the autumn price hike was the return of foreign students moving to Budapest.

Luxury Rentals: A Thriving Market

The market for luxury apartments is particularly favorable, as these properties attract a unique clientele, including film stars and professional athletes.

Stars increasingly prefer short-term luxury rentals over well-known hotels, and production studios often opt for rented apartments to accommodate their crews.

With numerous Hollywood productions scheduled to film in Hungary in the coming years, demand for high-end rental properties is expected to grow further.

Introducing 3 Exclusive Properties in Budapest

Here are three outstanding properties in Budapest that stand out in many ways. Designed and furnished to be move-in ready, each is located in one of the city’s most sought-after central areas and exudes exclusivity.

1. Premium Apartment on Steindl Imre Street, District V

Luxus lakás az 5. kerületben

This spacious, high-quality renovated premium property is situated on the first floor of a well-maintained building in a prime location.

The interiors, redesigned by professional interior designers, make optimal use of the available space. The layout includes two bedrooms, two bathrooms, and a large living room with an open-plan kitchen.

A balcony off the bright and spacious living room offers views of the Danube.

Features:

  • Modern, fully-equipped kitchen (Gorenje) with ample storage and sleek high-gloss cabinetry.
  • Luxury bathrooms with Grohe and Villeroy & Boch fixtures and Italian designer tiles (Marazzi).
  • Finnish sauna for ultimate relaxation.
  • Smart TVs, 5.1 home theater systems, and air conditioning in the living room and bedrooms.
  • Elegant decorations by renowned designers (Kare, Bo Concept, Einholtz).
  • Adjustable underfloor and wall heating.

Details:

  • Size: 110 m²
  • Built: 2021
  • Heating: Underfloor and wall heating
  • Rooms: 2 bedrooms, 2 bathrooms
  • Extras: LED lighting, smart thermostats, custom furniture, built-in safe, and Onyx bar counter.

2. Corner Apartment on Szent István Boulevard, District V

Prémium albérlet

Located near Nyugati Railway Station, this exceptionally bright and spacious corner apartment was recently renovated and occupies the first floor of a building with an elevator.

The layout features four rooms, three bathrooms, and a large open living-dining area with a kitchen. A white Onyx bar counter with adjustable lighting adds a unique ambiance to the living space.

Features:

  • Bespoke furniture and detailed hand-crafted gypsum ceilings.
  • Smart TVs, home theater systems, and air conditioning in all rooms.
  • Premium materials, washable wallpapers, and custom lighting solutions.

Details:

  • Size: 170 m²
  • Built: 2021
  • Heating: Underfloor and wall heating
  • Rooms: 4 bedrooms, 3 bathrooms
  • Extras: LED lighting, custom furniture, built-in safe, and soundproofing.

3. Luxury Apartment on Kálmán Imre Street, District V

Luxus lakás bérlet

This spacious, uniquely designed apartment near Bajcsy-Zsilinszky Street focuses on sustainability and quality. Every wallpaper is washable, and all lighting is LED-based.

The four-bedroom, three-bathroom property features underfloor and wall heating, with temperature controls for each room.

Features:

  • Fully equipped kitchen with custom-designed furniture and appliances (Gorenje, Electrolux, Zanussi).
  • Bathrooms with premium fixtures (Grohe, Teka) and handcrafted mirrors.
  • Luxurious 5.1 home theater systems in the living room and bedrooms.
  • Elegant handcrafted decorations throughout.

Details:

  • Size: 140 m²
  • Built: 2021
  • Heating: Underfloor and wall heating
  • Rooms: 4 bedrooms, 3 bathrooms
  • Extras: Built-in safe, bar counter, custom furniture, and alarm system.

Conclusion

Between 2007 and 2019, rental prices in Budapest increased by 60%, placing the Hungarian market among Europe’s top performers. This trend is fueled by the high property prices, which lead many newcomers to the city to rent before buying.

As Budapest’s population continues to grow due to increasing job opportunities and an influx of students, investing in rental properties remains a lucrative opportunity.

Are you considering the purchase of a luxury investment property? Contact our team, and together we’ll find the perfect option for you.