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Real Estate Development Manager salary in Hungary

Average Yearly Salary of Real Estate Development Manager in Hungary is approximately 14,126,292 HUF (36,769 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Real Estate Development Manager do?

occupation personasA real estate development manager is responsible for overseeing the entire process of developing a real estate project, from its conception to its completion. They work closely with architects, engineers, contractors, and other professionals to ensure that the project meets all legal, financial, and quality standards. The key responsibilities of a real estate development manager include conducting feasibility studies, securing financing, managing budgets, obtaining necessary permits and approvals, coordinating construction activities, and marketing the completed project. They must have a strong understanding of the real estate market, excellent negotiation and communication skills, and the ability to manage multiple projects simultaneously. Attention to detail, problem-solving abilities, and a keen eye for identifying potential risks and opportunities are also essential in this role.

Skills: Real estate development, Project management, Construction coordination, Financial analysis, Market research, Permitting and approvals
Job industry: Real estate


How much does Real Estate Development Manager make?

Salary details
How much does Real Estate Development Manager make?
Estimated Yearly Salary: 14,126,292 HUF
Estimated Monthly Salary: 1,177,191 HUF
Estimated Weekly Salary: 271,659 HUF per week
Estimated Hourly Salary: 6,791 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,650,120 HUF
Estimated Monthly Salary: 1,137,510 HUF
Estimated Weekly Salary: 262,502 HUF per week
Estimated Hourly Salary: 6,563 HUF per hour
Last revision of data: 2024-01-07



Real Estate Development Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 36,769 USD
Estimated Monthly Salary: 3,064 USD
Estimated Weekly Salary: 707 USD per week
Estimated Hourly Salary: 18 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.

Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Development Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Real Estate Development Manager in Hungary earns on average:
2.12 times the average salary (or 212% of average salary).

Is Real Estate Development Manager a well paid job?

Yes, our data show that Real Estate Development Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Development Manager?

High salary for Real Estate Development Manager would be somewhere between 15,538,921 HUF and 20,483,123 HUF. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Development Manager in Hungary?

Living in Hungary the approximate monthly expenses are: 760 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 14,126,292 HUF
Estimated Monthly Salary: 1,177,191 HUF
Estimated Weekly Salary: 271,659 HUF per week
Estimated Hourly Salary: 6,791 HUF per hour
By working as Real Estate Development Manager a person can save up to 2,304 USD per month or 27,644 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Hungary, see costs of living in Hungary.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Real Estate Development Manager

Austria is 108,986 USDup arrow 196%
Details on Real Estate Development Manager salary in Austria
Slovakia is 42,662 USDup arrow 16%
Details on Real Estate Development Manager salary in Slovakia
Ukraine is 8,300 USDdown arrow 77%
Details on Real Estate Development Manager salary in Ukraine
Romania is 30,343 USDdown arrow 17%
Details on Real Estate Development Manager salary in Romania
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Hungary

(75,982,184 HUF per year, pre-tax.)
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
(57,879,147 HUF per year, pre-tax.)
(57,676,463 HUF per year, pre-tax.)

Data as of 2025

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