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An Olympic medal is worth it if you are looking for a house or an apartment

Sep 17, 2021

September 17, 2021 That’s what a medal is worth from Tokyo… Following the Tokyo Olympics and Paralympics, our medals and scorers deservedly received recognition as well as a cash prize. In the current real estate market, what would this reward be enough for? Duna House looked at what kind of apartment and house our new champions could buy in their hometown. The amount of the state prize for Hungarian athletes, both intact and para – for the Tokyo Olympics has increased significantly. According to the decision of the government, the new champions will receive prizes of HUF 50 and 25, the silver medalists will receive HUF 35.7 and 17.85, respectively, and the third place winners will receive prizes of HUF 28.5 and HUF 14.25 million, respectively. In addition to the podium finishers, the 4-8. winners will also receive a premium. We were able to hear the Hungarian anthem at the five-ring games six times, and at the recently completed Paralympics seven times, thanks to our 16 athletes. Duna House has previously said that not even three Olympic gold medals would be enough to buy an apartment in Tokyo, but what about home? “While there was a relatively balanced demand for housing prices in Pest and the agglomeration of the capital, outstanding values ​​were still observed in Buda and the countryside in August,” said Károly Benedikt, Head of PR and Analysis at Duna House. “In the countryside, 39% of real estate was sold for less than HUF 250,000 per square meter, while in the Buda district, almost half of the transactions changed hands for more than HUF 900,000 per square meter. We also expect rising newly built prices in 2021, which can be as high as 5-10% – depending on the location and type of property. ” So the highest price per square meter is to be reckoned with by our champions born in the capital. If Csipes Tamara were to spend the full amount of the reward (HUF 107 million) on the purchase of real estate, the real estate agent could finance a 3rd floor, 69 m2, 2 + 1 half-room brick apartment in the city center, above the Thália Theater. Danuta Kozák and Kristóf Milák could buy either a newly built Loft apartment in the city center or a 139 m2, 4-room, residential building in the 9th district of Budapest for HUF 100 million. The HUF 78.5 million prize awarded to Áron Szilágyi could be used to buy a two-storey detached house in Ómatyásföld on a nearly 1,200 m2 plot, or from this amount our Olympic champion fencer could ensure that he is the first resident of a direct part of Városliget. near a 4-room apartment with 2 balconies. Our Paralympic table tennis player, Péter Pálos, could already choose from a narrower offer. The HUF 25 million award for a gold medal would generally be enough for a one-room apartment between 20 and 40 m2 in the capital. In Pest county, such as Cegléd, the birthplace of Tamás Lőrincz, the properties can be purchased at an average price of HUF 286,300 per square meter. Thus, from the prize of 50 million in Olympic gold, the Lőrincz family could move into a 175 m2 house in good condition. Anna Kárász would have a similar opportunity to buy real estate in Dunaújváros, but at a slightly lower average price of HUF 280,300 per square meter. Sándor Tótka could also choose from such options in relation to Szolnok (281,200 HUF / m2). As the 16,000-strong Mezőtúr is not rich in real estate transactions, the Duna House in the “capital” of Jász-Nagykun-Szolnok county examined what the kayaker could spend on the premium. Bálint Kopasz from Szeged could also get a house of this size, but he would also have to devote the total remuneration shoveled in Tokyo, ie HUF 71.5 million. In Csongrád-Csanád county seat, the unit prices per square meter are 49 and 52-52% higher than in Pest, Fejér or Jász-Nagykun-Szolnok counties. Paralympic champion Veres Amarilla would run from a duel of 25 million forints for a downtown, three-bedroom-living room apartment or a house in a living condition in Békéscsaba, close to the city center. All this so that the properties in the area are currently sold at a price of HUF 200,000 per square meter. Born in Szarvas, Dóra Bodonyi could not really choose in the local market, but in comparison with Békéscsaba, she could buy a newly built, 90% prepared, 730 square meter family house in the city center for a reward of HUF 78.5 million. According to the norm, it was already possible to buy a house in Baranya County for HUF 27 million, so it can be said that compared to the first half of 2020, with an increase of almost 16%, the prices per square meter increased to HUF 224 thousand. Zsófia Konkoly, 19, probably doesn’t want to move in separately yet, but if she did, she received HUF 63.5 million for the Paralympic gold and two silver medals for a newly built, 140 m2, ready-made semi-detached house or a separate apartment built in 1900. you could also spend on a standing house in Pécs. The same amount would be enough for Pap Bianka in Szigetvár for two smaller, renovated houses, but Pál Kiss Péter from Nagyváty could also buy a minimum three-bedroom property with a garage in good condition from HUF 25 million in the family-run area of ​​Baranya. In July, real estate market activity was relocated to Western Hungary, where it increased by 18-20% per average square meter of real estate. Perhaps the only exception is Zala county, as according to the data of Duna House, this measure was not reflected in an increase in prices, but rather in a smaller correction. In terms of average price, the most expensive settlement is Keszthely, the hometown of Fanés Illés, which can be traced mainly to the proximity of the shores of Lake Balaton. In the city, a brick flat can be obtained today at an average price of 396,000 HUF / m2, so our Paralympic champion could invest his 26.4 million premium in a 60-70 square meter property. According to the latest data of Duna House, the price increase in Győr-Moson-Sopron county is moderate, only 5%, compared to January-August this year and last year. Newly built flats are becoming more and more popular, although the average price per square meter already reaches HUF 420,000. Our Paralympic, Luca Ekler, won a gold medal in the long jump at the Tokyo Olympics, so she could buy a 40-45 square meter, newly built property in Győr for HUF 27.8 million.

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