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Residential rental fees level out

While a two-room flat in Budapest is available for HUF 60,000-80,000 per month, the rental fee of a similar flat in the countryside is HUF 40,000-60,000, the annual survey of real estate broker Otthon Centrum shows.

As those who could not buy properties due to the economic crisis have appeared on the demand side, rental fees stopped reducing in general. However, rents in blocks of flats are still cheaper than in brick houses but the prices highly depend on the distance of the local university since 50-80% of the tenants are students. (BBJ)