1,186 foreigners received permits to buy Hungarian property during 2012, say official sources. By far the largest group of new foreign owners, 445, are Russians, the next largest segment are Chinese citizens, comprising 150 buyers, and Ukrainians accounted for 128 of the overall total.
A positive trend of foreign property ownership was recorded as around only 1,000 foreigners bought real estate in Hungary during 2011. In previous years Irish citizens were among the top buyers of property in Hungary.
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Source: Xpat Loop
