property

25/02/2017

Number of building permits two-and-a-half times higher over past one year

The positive trend reversal observed in the Hungary's housing market
22/02/2017

Significant increase in real estate prices along the Budapest M4 metro line

Significant changes have occurred on the real estate market in #Budapest!
21/02/2017

Hillside residential development for 140 million euros in Hungary

Futureal Group residential subsidiary Cordia took over the development of the Sasad Resort project from GTC in the exclusive Buda hillside area of the Hungarian capital. […]
15/02/2017

Hungary’s central bank mulling ways to cheapen mortgages

Budapest, February 15 (MTI) – Hungary’s central bank will in the future focus on the mortgage market which it sees as sclerotic while its products are […]
10/02/2017

Hungary at 13th place on International IP Index

Budapest (MTI) – Hungary stands in 13th place on the International Intellectual Property Index, ahead of Poland, Israel and Canada among others, the Economy Ministry said […]
09/02/2017

Budapest to attend MIPIM real property expo in Cannes

Budapest, February 9 (MTI) – Budapest will participate in MIPIM, the world’s largest real estate exhibition, in Cannes from March 14 to 17, deputy mayor Alexandra […]
31/01/2017

Housing subsidy contracts total 30.8 million euros in December

Budapest, January 30 (MTI) – Applicants looking to take advantage of the government’s home purchase subsidy scheme signed contracts worth a record 9.6 billion forints (EUR […]
25/01/2017

Hungarian real estate price increase higher than anywhere in Europe

According to the latest statistics of Eurostat, the price of Hungarian properties increased the most compared to 28 other European countries, szeretlekmagyarorszag.hu reports. There are also […]
24/01/2017

Former Socialist, liberal politicians sentenced over selling downtown properties

Budapest, January 24 (MTI) – The former Socialist deputy mayor of Budapest’s sixth district and 11 other defendants have been handed suspended prison sentences for selling […]
21/01/2017

Hungary’s estate market news – Not enough properties, no demand for overpriced ones

According to vg.hu, a significant demand for building sites on sale in Budapest and its agglomeration evolved last year mainly due to the VAT decrease and […]
20/01/2017

Tens of thousands of forints for sublease in Hungarian university towns

What to expect if you want to rent a flat in a Hungarian university town? The good news is, according to Eduline.hu, that they are remarkably […]
17/01/2017

Large housing estate development project has been launched in Budapest

(Portfolio) – With the final building permit and a reliable building contractor, one of the largest housing estate developments, the Allure Residence Budapest was launched in the 9th […]
16/01/2017

Construction sector output continues to fall in November

Budapest, January 16 (MTI) – Hungary’s construction sector output fell by an annual 14.4 percent in November 2016, now falling for the eleventh month in a […]
16/01/2017

Hungary Trends – The previous week in business and finance

Budapest (MTI) – See below MTI’s main business and financial news from the previous week: HUNGARY CPI PICKS UP TO 1.8 PC IN DECEMBER Consumer prices […]
11/01/2017

Estate prices continue to rise in Hungary

Szeretlekmagyarorszag.hu writes that the average square metre price of new apartments was 500 thousand forints (~1619 euros) in the beginning of January, while the price of […]
07/01/2017

The Airbnb fever in Budapest is over

It seems that the Airbnb fever is over since September, and the main reason for this is that the market is full and short-term apartment leasing […]
07/01/2017

These are the apartments that Hungarian billionaires buy in Budapest

Penzcentrum.hu collected the most expensive estate developments in Budapest. They averaged the square metre price of almost 11 thousand newly built apartments in the capital city […]
18/12/2016

These are the most expensive streets of Budapest

The most expensive properties of the capital city today are in the V. District, contrary to the situation five or ten years ago, when the most […]
09/12/2016

The First skyscraper could be built in Budapest

The building regulation has been changed by the General Assembly of Budapest, therefore a high-rise building can be built at the Kopaszi Dam. This way the […]
26/11/2016

New home construction up by 14 pc this year in Hungary

Budapest (MTI) – The number of new homes built could increase by 14 percent this year compared with last year, partly as a result of the […]