Real Estate in Veszprem, Hungary
Last updated on Feb 15, 2024
Summary: People living in Veszprem, Hungary offer advice about real estate. How do you find a home in Veszprem? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Veszprem?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Veszprem, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room to a full apartment or house. Next, you should start your search online. Websites like ingatlan.com, alberlet.hu, and rentingo.com are popular real estate websites in Hungary where you can find listings for apartments and houses for rent or sale. You can filter your search based on location, price, size, and other features. Another good resource is local newspapers and bulletin boards in supermarkets or community centers, which often have listings for available rentals. You can also consider hiring a real estate agent. They can help you navigate the local market, arrange viewings, and negotiate contracts. Make sure to choose an agent who is registered and has a good understanding of the local market. If you're moving for work, check if your employer offers any relocation assistance. They may be able to provide resources or even temporary housing. Once you've found a potential place, arrange a viewing. Check the condition of the property, ask about utilities and any additional costs, and get a feel for the neighborhood. If you decide to proceed, you'll need to negotiate the terms of the lease, including the rent, the length of the lease, and any rules or restrictions. Make sure to get everything in writing. Finally, before moving in, you'll likely need to pay a security deposit and the first month's rent. Make sure to get a receipt for these payments. Remember, finding a place to live can take time, so start your search well in advance of your move," remarked one foreigner who made the move to Veszprem.
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What is a typical expat home or apartment like in Veszprem?
"A typical expat home or apartment in Veszprem, is often located in the city center or in the more suburban areas, depending on the expat's preference for convenience or tranquility. These homes are usually modern and well-maintained, with a blend of traditional Hungarian and contemporary design elements. They often have one to three bedrooms, a living room, a fully equipped kitchen, and one or two bathrooms. Some apartments may also have a balcony or a small garden. The homes are usually furnished, but unfurnished options are also available for those who prefer to bring or buy their own furniture. Amenities such as heating, air conditioning, and Wi-Fi are typically included. Many expat homes are located in buildings or complexes that offer additional amenities such as a gym, swimming pool, or security services. Despite being in Hungary, many landlords and property managers in Veszprem speak English, making the rental process easier for expats," explained one person living in Veszprem, Hungary.
What is the average cost of housing in Veszprem?
If you are thinking about moving to Veszprem, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Veszprem can vary greatly depending on the type and size of the property. As of recent data, the price for a one-bedroom apartment in the city center may be around 150,000 Hungarian Forint per month for rent, while buying an apartment in the city center can cost approximately 400,000 Hungarian Forint per square meter. However, these prices can fluctuate based on market conditions and other factors. It's always recommended to check the latest real estate listings for the most accurate information," explained one person living in Veszprem, Hungary.
Should I buy or rent a home in Veszprem?
If you have not spent a lot of time in Veszprem, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Veszprem, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Veszprem for an extended period and have the financial means to purchase a property, buying a home could be a good investment. Owning a home allows you to build equity, customize your living space, and potentially benefit from property appreciation over time. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting might be a better option. Renting a home in Veszprem allows you to avoid the upfront costs and long-term commitment associated with buying a property. Additionally, renting provides the opportunity to explore different neighborhoods and housing options before making a more permanent decision. It's essential to consider factors such as job stability, family plans, and lifestyle preferences when deciding whether to buy or rent a home in Veszprem. It's also crucial to research the local real estate market, compare property prices, and consult with a local real estate agent to make an informed decision," remarked one member in Veszprem.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange 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 Digital Nomad Exchange, 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.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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