It was found out where the panel apartments in Budapest sell the fastest
Bud panel apartments are still very popular, and they often sell out very quickly.
Among the pre-fab apartments in Budapest, the properties offered on the Buda side can be sold sooner, each sale and purchase takes an average of 73 days – according to Duna House’s analysis, according to which, for example, in the Óbuda housing estates, the 2020 data for the 3-apartment houses were authentic closures. average square meter prices, while by 2021 a price increase of 28 percent must be expected this year for those looking for a third district panel.
According to the company’s statement, among the Buda districts of the capital, the most panel apartments are in the III. and the XI. is located in the district: in the latter, the average square meter of the housing estate costs almost more this year than in 2019, even more so the highest purchase price for the property type, HUF 61.5 million, for a III. was paid for a 73 square meter property in the district in 2022.
Based on Duna House’s data, the price of millions per square meter is almost unimaginable in the case of newly built properties in the capital, and the price per square meter of newly built properties sold in the 1st district of Buda has already approached HUF 3 million. The valuable newly built property sold by the real estate agent on the Buda side in 2022 is an XI. was a 69-square-meter apartment in the district for HUF 99 million.
It is located in the western part of the city, among the 23 districts of Budapest with a population of 1.644 million. This year, only 11.5 percent of the capital properties sold by Duna House are in these districts.
Building a home in Buda costs HUF 967,000 per square meter on average
The quote is from Károly Benedikt, head of PR and analysis at Duna House, who said that based on sales completed in 2022 in the six districts, building a home in Buda costs an average of HUF 967,000 per square meter, and buyers paid an average of HUF 61 million for a 60 square meter property.
The new owner paid approximately HUF 777 million for the most expensive property sold at the price per square meter on the Buda side this year, a 340 square meter luxury smart home with a swimming pool in very good condition, which is more than HUF 2.2 million per square meter, they wrote. The property with the largest floor area sold was a 1,356-square-meter office building near Bécsi út, for which the buyer paid HUF 410 million, making this property the lowest-priced property in Buda in 2022.
The seller received HUF 827,000 per square meter just for the apartment with the smallest floor area, an 18-square-meter, brick-built mini-studio in good condition.
Benedikt Károly said about the demand that the public perception that the property is more expensive if the interested party chooses from the offer on the Buda side is supported by the data, especially for the panels, since in the third quarter of this year, buyers paid HUF 170,000 more per square meter on average. therefore, the price difference for this type of property in Buda and Pest was only HUF 55,000 between the brick-built ones, looking at the average square meter prices.
(MTI)