Should I buy or rent a home in Hungary?
If you have not spent a lot of time in Hungary, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Yes my husband and I very quickly purchased a unrenovated apartment. I am a real estate consultant, so I believe in renovation adding value . I did not want to pay for someone else's poor renovation. The process is not difficult. You may contact me for help," said a member in Budapest, Hungary.
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"It is not a difficult process if you are not getting a loan - that is difficult for a foreigner. But when you consider I came with next to nothing and was able to purchase - you can too. If you remodel, call me - this was the reason I began my expat assistance business - despite speaking the language that was a great challenge," remarked another expat who made the move to Budapest, Hungary.
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Other Questions:
- What do I need to know before retiring in Hungary?
- How do I meet people in Hungary?
- What is life like in Hungary?
- Is there a lot of crime in Hungary?
- Is there a lot of diversity? Are people in Hungary accepting of differences?
- What are the schools in Hungary like?
- Is the cost of living in Hungary high?
- What advice do you have for expats having a baby in Hungary?
- What are healthcare services like in Hungary?
- Is the cost of living in Hungary high?
- What type of recreational facilities are in Hungary?
- What is the weather like in Hungary?
- Are there good restaurants in Hungary?
- Where will I buy groceries and do other shopping in Hungary?
- What are the visa & residency requirements in Hungary?
- Are healthcare and health insurance expensive in Hungary?
- What do I need to know when buying property in Hungary?
- Are foreigners allowed to own property in Hungary?
- What appliances are typically included in a rental?
Should I buy or rent a home in Hungary?
If you live in Hungary, newcomers to Hungary would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of InternationalTravel.ai and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and InternationalTravel.ai, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
