The Hungarian Real Estate Market Outlook 2025

The Hungarian Real Estate Market Outlook 2025 provides insights into investment, office, retail, industrial, and hospitality markets, identifying key trends to support informed real estate decision-making.

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Highlights

Investment: After a challenging 2024, Hungary’s economy is poised for recovery in late 2025, with GDP growth forecasted at 2.6%. While investor sentiment is cautiously optimistic, liquidity constraints and the gap between buyer and seller expectations remain key challenges.

Office Market: Budapest remains a key business hub in the CEE region, with strong demand for modern, high-quality office spaces. The market is undergoing a transformation driven by evolving work models and economic shifts.

Logistics & Industrial: Demand for space in Greater Budapest has surged, fuelled by Hungary’s strategic role in e-mobility and battery production. Regional markets are also gaining importance, reflecting significant growth over the past five years.

Retail: Physical retail remains essential, with Budapest’s high street hubs ranking as the second most expensive in the CEE region. The retail warehousing market is expanding, and prime shopping centres maintain stability with no risk of oversupply.

Hospitality: Budapest leads the region in luxury accommodations, a trend set to continue. With rising international tourism and strong hotel performance, 2025 is expected to bring record-high RevPAR levels, further boosting the market.

 

 

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