14 °C
2024-11-20
Last year, the most expensive street in Hungary was the Aranyhíd Promenade in Balatonfüred, with an average price of 2.64 million forints per square meter. However, in 2024, Türbe Square in Budapest's II. district leads with nearly 3.8 million forints per square meter. This marks a shift, as Budapest has lost its long-standing position at the top. Last year’s second place was Kossuth Square with 2.54 million forints, and third was Ruthén Street in Buda with 2.37 million forints. The price difference between the most expensive and cheapest streets grew from 115 times last year to 236 times this year.
Outside of Budapest, the Balaton region now dominates, with streets in Balatonfüred, Tihany, Balatonfenyves, and Balatonkenese showing square meter prices ranging from 2.2 to 2.8 million forints.
In the capital, Türbe Square leads, followed by Petőfi Square near the Erzsébet Bridge at 3.7 million forints per square meter, and Arató Street in Buda at 3.68 million forints. Other top locations include Széchenyi Promenade and Március 15 Square in Pest, and streets like Napraforgó and Ferenchegyi in Buda.
Cheaper streets in Budapest include Orgoványi Street, Karánsebes Street, and Szepes Street, with prices ranging from 220,000 to 291,000 forints per square meter. Balogh László, the lead economist at ingatlan.com, noted that the price gap between Buda and Pest is widening, with Buda now having higher real estate prices.
Balaton streets dominate in the national rankings, with Itató Köz in Tihany at the top at 2.8 million forints per square meter. Other expensive streets include Széchenyi Street in Balatonfüred and Kikötő Street in Balatonkenese.
