Hungary: Rental Yields

Hungary: Rental Yields

Yields are around 6.6% to 8.3% for apartments in Pest, Budapest, the centre of the rental market. The leading real estate agents produce broadly similar figures: A1 Real Estate has average Budapest rental yields at 5% to 6%: Budapest Property Finder has yields of 6% to 8% for city-centre properties; and Otthon Centrum has 4% to 6% for Budapest apartments, 7% to 9% yields for houses.     COST (€) YIELD (p.a.) PRICE, M2 (€)   TO BUY MONTHLY RENT   TO BUY MONTHLY RENT BUDAPEST 1 - Pest (Centre) 2           35 sq. m. 56,000 375 8.04% 1,600 10.71 50 sq. m. 95,000 600 7.58% 1,900 12.00 75 sq. m. 140,000 875 7.50% 1,867 11.67 120 sq. m. 215,000 1,450 8.09% 1,792 12.08 150 sq. m. 265,000 1,850 8.38% 1,767 12.33 250 sq. m. 520,000 2,900 6.69% 2,080 11.60             BUDAPEST - Buda (Prestigious Areas) - Houses 3           100 sq. m. 200,000 1,100 6.60% 2,000 11.00 150 sq. m. 275,750 1,750 7.62% 1,838 11.67 250 sq. m. 509,900 2,850 6.72% 2,036 11.40 350 sq. m. 674,500 4,200 7.47% 1,927 12.00 500 sq. m. 925,500 5,800 7.52% 1,851 11.60             BUDAPEST Suburbs - Houses 4           250 sq. m. 290,000 1,550 6.41% 1,160 6.20 350 sq. m. 356,000 2,250 7.58% 1,017 6.43 450 sq. m. 627,500 3,300 6.31% 1,394 7.33             Source: Global Property Guide Last Updated: December 14, 2006   1 Budapest City is divided by the Danube River into two areas, Buda and Pest. Pest lies to the right of the river, and contains the financial/business centre of Budapest. Buda, on the left of the river, is generally the green and hilly district of Budapest. As a general rule, most expats with families choose Buda, and singles/couples go for Pest. 2 Districts 5, 6, 7, and some parts of district 13. 3 Districts 2 and 12 are the most prestigious areas. District 12 is the home of the President and the Prime Minister among other political luminaries. International schools are located in these districts. 4 Budaors, Torokbalint, Diosd, Erd.