This may be of interest to investors, homeowners and renters! After the costs of renting real estate are constantly rising, and in the big cities of the region there are more and more vacant office buildings due to hybrid work, a new trend is emerging in the housing market. More and more vacant office buildings are being converted into condominiums. The homes created in this way are sold in different structures: some are exclusively rented apartments, some are mixed: only the unsold apartments will be rented out.
According to Hungarian market analyses, the trend is expected to spread to our country as well, although here the experts expect primarily tourism investments. According to them, the empty office buildings will primarily become hotels, and only secondarily apartment buildings or mixed-use apartment buildings. If this happens, or more precisely, when it will happen, the new supply will also affect the price movements of the Hungarian real estate market.
And tenants, owners, and investors will feel it one way or another.