Russians top non-EU buyers of Hungarian real estate
Russians and Chinese are the top non-EU buyers of Hungarian real estate, mainly showing interest in residential developments, daily Magyar Nemzet said on Monday, citing data from the 2014 national statistics gathering program (OSAP).
Last year 1815 non-agricultural real estate properties were sold to foreigners. Russians were the largest group of buyers, numbering 612. Chinese were the second largest group, numbering 403. Some 236 Russians and 355 Chinese bought property in Budapest.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.