Pre-fab communist-era home prices reach new low in Hungary
Resale prices for homes in pre-fabricated communist-era blocks of flats in Hungary have reached a historical low, according to a gauge by real estate brokerage Duna House.
Duna House's gauge shows such homes in Central Hungary are going for HUF 159,000 per square meter on average, while prices in Southern Transdanubia are as low as HUF 100,000 per square meter. In upscale areas in the Buda hills of the capital, the average price is higher, at HUF 237,000 per square meter.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.