Hungary showed an unexpected increase in property sales

Hungary showed an unexpected increase in property sales

In previous month the number of real estate transactions increased in Hungary by 12% compared with February 2013. Overall sales in January and February increased by 10.5% compared with the beginning of the last year, according to ee24.com citing vg.hu.

Cheap property in Hungary can be purchased in the east - in the regions bordering with Ukraine and Romania. Apartments in panel houses are for sale for only €380 per sq.m. In the west -  for €400. Similar apartments in Budapest are worth €550-620 per sq.m.

Apartments in brick houses are more expensive: price of a square meter in the east of the country is €500, in the west - €550, in the capital - over €1,000.