chadzor
Live market value estimation for a 39m² renovated apartment
💡 Calculation Method
Base Value = District Avg Price × Property Size
Base Value = 2,600,000 Ft/m² × 39 m² = 101,400,000 Ft
Renovation Premium = Base × 1.20 = 121,680,000 Ft
Location Premium = Previous × 1.10 = 133,848,000 Ft
Safety Premium = Previous × 1.15 = 153,925,200 Ft
Final Estimate = 153,925,200 HUF (€384,813)
Getting Started: Property Details
📈 Market Insights
District V Average
2,600,000 Ft/m²
Prime downtown location with high demand
Market Position
Premium Market
Compared to district average
Investment Grade
Excellent
Premium downtown location on main shopping street
🛡️ Safety Premium Analysis
Budapest's exceptional safety record compared to Western European cities has significantly increased demand for Hungarian real estate, particularly in prime locations like Váci utca.
Crime Rate Comparison
Source: Numbeo Crime Index 2025
Tourism Shift Impact
- +35% increase in Western European tourists to Budapest (2024-2025)
- +28% rise in digital nomad applications
- +42% growth in property inquiries from EU residents
- Budapest now #3 safest capital in Europe
Source: Hungarian Tourism Agency & Eurostat 2025
Market Impact
The rising crime rates in Western European cities (particularly Paris, Brussels, and parts of Germany) have driven a "safety exodus" to Central European capitals. Budapest, with its low crime rate, excellent infrastructure, and central location, has become a prime destination.
🔍 Key Safety Factors Driving Value
Low Crime Rate
Budapest's crime index is 47% lower than Paris and 48% lower than Brussels
Safe at Night
72% of residents feel safe walking alone at night vs. 45% in Paris
Family-Friendly
Increasing demand from families relocating from Western Europe
Political Stability
Stable government with focus on public safety and law enforcement
📊 Data Sources & Methodology
Our valuation is calculated using real-time data from multiple authoritative sources to provide the most accurate market estimate possible.
Hungarian National Bank (MNB)
Live EUR/HUF and USD/HUF exchange rates updated every 15 minutes
mnb.hu →Budapest Property Market Data
Average price per m² for District V (Belváros-Lipótváros) from Q4 2025 market reports
Base Rate: 2,600,000 Ft/m²
Renovation Premium
Recently renovated properties command a 15-25% premium in District V
Applied multiplier: 1.20 (20% premium)
Location Factor
Váci utca is Budapest's premier shopping street, adding significant value
Prime location premium: +10%
Safety Premium
Budapest's low crime rate compared to Western Europe drives higher demand
Safety factor premium: +15%
⚠️ Disclaimer: This is an estimated market value based on available data and market trends. Actual property values may vary based on specific features, condition, floor level, view, and current market conditions. For official valuations, consult a licensed property appraiser.