Luxury developers flocked to the 'Hamptons of Hungary' — but some projects are stalling
AI Summary
Luxury developers have invested in projects around Lake Balaton, a long-established holiday destination in southwestern Hungary, but some developments are now stalling. Average property transaction prices in the area are falling.
Lake Balaton in south-west Hungary has been a popular vacation destination for decades, but average transaction prices are falling.
Markets Real Estate Travel Lake Balaton Hungary luxury development property prices stalled projects tourism destination