Why choose office space in Hungary?


Hungary, and especially Budapest, is a strategic Central European hub with excellent transport links and a dynamic, modern office market focused on flexibility, sustainability, and top amenities. Demand is highest for A and A+ buildings, with companies prioritizing certified, efficient, and cost-effective premises. Technology, business services, finance, and commerce tenants seek well-located spaces with ESG features and full infrastructure. Budapest as the capital dominates the office market, where international investors and tenants continue to grow, thanks to the stable economic environment and favorable tax conditions.

Market snapshot

Budapest’s total modern office stock exceeds 4.42 million sqm in 2025, with 67% in Class ‘A’ speculative offices. A category office rents are currently between €15.50 and €18.00/sqm/month in top locations, with prime offices achieving higher rates. New supply remains limited, keeping upward pressure on the best spaces. Vacancy in the capital has eased to12.8%. The most active submarkets are Váci Corridor, Buda South, and Pest Central South, where net take-up is also outstanding.

Office space types in Hungary

  • Traditional offices: long-term leases in A/A+ buildings with efficient layouts and advanced technologies.
  • Serviced offices: fully fitted units for ready-to-move-in, all-inclusive solutions, including reception and IT support.
  • Flex and coworking: agile options for startups, small teams, and project-driven work in premium buildings, with shared spaces and networking opportunities.
  • Build-to-suit: custom-designed offices emphasizing productivity, ESG, and technology, with energy-efficient systems.
  • Owner-occupied or tenant-specific: major corporates’ HQs or dedicated leased buildings, often optimized for long-term stability.

Key locations for office rental in Hungary

  • Budapest (CBD, Váci Corridor, Central Buda): modern districts with best-in-class amenities and quick transport, where prestige and connectivity are key.
  • Major cities (Debrecen, Győr, Szeged, Pécs): emerging office hubs for regional and shared service centers, with more affordable rates and local workforce.
  • Periphery submarkets: flexible and value-driven office options, especially in upgraded B class stock, ideal for smaller businesses or logistics-focused companies.

What influences office selection in Hungary?

  • Accessibility: public transport, metro stations, fixed-rail transportation vehicles, highways, and airport connections, which impact daily employee routines.
  • Technical standards and certifications: BREEAM, LEED, energy efficiency, smart building systems, reducing long-term costs.
  • Flexible lease terms: contract length, expansion options, incentives (e.g., rent-free periods), total cost of occupancy (TCO) calculations.
  • Amenities: 24/7 reception and security, shared meeting suites, restaurants, wellness, bike facilities, improving employee satisfaction.
  • ESG and well-being: sustainability, quality work environment, natural daylight, indoor air quality, increasingly important in corporate strategies. Learn more about How ESG Impacts the Commercial Real Estate

Why search for office space with iO Partners in Hungary?

Tenant-side representation with customized recommendations and terms optimized to your needs, including negotiations with owners. Real-time overview of available spaces, subleases, fit-out-ready, and plug-and-play solutions, backed by current data. Expert advisory with targeted shortlists, comparisons, and quick responses to market changes, ensuring the best decision.

Frequently Asked Questions (FAQ)

  • What is A category rent in Budapest? Typically the average rent is €15.50–18.00/sqm/month, higher for prime locations depending on area and category. Prime rent is 25.00 €/sqm/month
  • Are small units (100–200 sqm) available? Yes, especially in serviced, flex, and selected A/A+ buildings, with flexible options.
  • How fast can we move in? Serviced and fit-out-ready offices are often available within 1 month; shell-and-core spaces typically require 2–4 months depending on fit-out.
  • Which are the most popular office districts? Budapest CBD, Váci Corridor and Buda Central, where demand is the highest.



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