Many people would get rid of their Balaton holiday home

By: Trademagazin Date: 2024. 03. 21. 11:21

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Around the time of the coronavirus epidemic, many people bought houses around Lake Balaton, but now many people would get rid of their vacation homes due to the high maintenance costs.

Prices have not decreased despite the increased supply. According to experts, there is still demand for high-value properties, but those who bought smaller vacation homes would rather get rid of them now.

According to ATV’s report, among the properties for sale there are mainly outdated, socialist-style houses, which their owners cannot maintain. Many people bought these houses before the pandemic, but now the installments are a problem because the price increases have taken people’s money and they have to give up something that is not part of their daily needs.