Search

Real Estate Market News from Budapest, Hungary Browse dozens of articles on property prices, trends, facts and other useful information for investors and home buyers in Budapest.


With the development of the Stadionok metrostation's neighborhood, there is a potential opportunity for a new city center in the VIII., X. and XIV. districts. The value of developments in this area is close to 450 million EUR without the new stadium. A lot of attention is paid to serving the growing conference tourism. The Hungexpos area between Keleti Pályaudvar and Örs Vezér tere has always been important, but it has been neglected for far too long. That seems to change now…

Read more

A total of 3529 properties were purchased by non-EU citizens in 2018. The Chinese have bought 1610, Israeli citizens bought 331 properties in Hungary according to the 2018 data. Compared to last year, the number of Hungarian properties purchased by non-EU citizen shows a significant increase, which was 3206 in 2017 and 3529 in 2018. Of these, 377 were also purchased from foreign owners based on statistics uploaded to the government’s site. The most popular city is still Budapest, where…

Read more

This year's European Best Destinations (EBD) vote took place from January 15, 2019 to February 5, with Budapest reaching 62,128 votes and winning. The Hungarian capital has become Europe's best destination, according to the final vote of the European Best Destinations competition. The announcement of the award shows that only 33 percent of the votes came from Hungary, the remaining 77 percent came from abroad. United Kingdom, USA, Germany, Austria, Italy and France all played a decisive role in…

Read more

Airbnb is heavily taxed in several districts in Budapest. Below is a list of these. It is clear from the report of józsefváros.hu that from the 1st of January the Airbnb accomodations in district VIII are being taxed. MEPs voted in favor of the submission of the district mayor, Sára Botond, at the panel meeting on 29 November. The result of the decree is that you have to pay a maximum of 1898 HUF per square meter of construction tax per year for an apartment in Airbnb. This…

Read more

News from Budapest Airbnb Market

Recently many articles reported about the regulations of short-term housing expenditures in Budapest's popular inner districts. Due to this, and the extreme price increase of rentals, Airbnb's role in the Hungarian capital changed somewhat. Let's see what changes took place lately. Despite the fact that the number of Airbnb apartments in Budapest has increased steadily in the last few years, there is no growth this year compared to last year. This stagnation is attributable to two things: 1. In…

Read more

At least according to the developers' promise. Figures show that a total of 12,000 new apartments in Budapest are expected to be delivered. Though in many cases it is expected that the investment will be realized much later.  Of the currently running projects, thousands (4400) are going to be ready by the end of this year, while in many other cases the realistic date of finishing the apartments is 2019. In some other investments, although some delay can be expected, it is possible that…

Read more

The Dutch UNStudio has won the tender for the design of the new bridge in Budapest, Hungary. The winning team plans, among other things, to design a new road, tramline and pedestrian crossing the new bridge under the leadership of Ben van Berkel and Buro Happold engineers. Ben van Berkel is a Dutch architect; founder and principal architect of the architectural practice UNStudio. With his studio, he designed, among others, the Erasmus Bridge in Rotterdam, the Moebius House in the Netherlands, the…

Read more

Among other big cities of the world, there is a significant increase in Budapest rental prices: the volume of increase in Budapest ranks fifth place in the list observing cities of the world. According to The Guardian's analysis, only in Berlin, Izmir, Reykjavik, and Vancouver are the rise in house prices higher. Analyzing data from 2017, it can be seen that the largest increase was 20 percent in the German capital, Berlin. Compared to this, housing prices rose by 16 percent in Budapest. Interestingly,…

Read more

Construction significantly grew in last November, while production increased by 30.7% compared to the data analyzed in 2016. This result was further expanded by 29.1 % in building construction, which could grow further in 2018. According to experts, up to 25,000 new homes can be displayed on the Budapest market. The significant growth compared to the previous year can be attributed to two reasons in the construction industry. According to László Balogh, the leading economic expert…

Read more

How does a castle sound on Andrássy Avenue? Or rather a castle away from the noise of the city? You have no big demands, just a little loneliness? No problem! In case we can afford it ... But you do not have to spend billions for a good investment, you just have to see the opportunity. Ingatlan.com has collected 2017's most expensive and cheapest properties. We are selecting from these now. The aforementioned castle on Andrássy Avenue is a property of over 18,000 square meters, with…

Read more

Not only the price, but also the location, the state of the apartment, and the maintenance costs will tinge the image when someone is thinking of buying a home. It is quite commonly thought that the formula is simple: the home used is always cheaper. However, many things have to be counted, multiplied, before signing a contract. It may even be more worthwhile to buy used and renewed homes than to decide on a new home. Whether it is an investment or a home purchase for your own, it is always important…

Read more

Over the past few years, the districts of Budapest have been redefined for popularity, depending on where investors are ready to buy or rent, mostly apartments or shops. In the previous decades Buda districts were considered the most prominent neighborhoods, so there was a Pest-Buda fragmentation. Nowadays, the center has moved to Pest, mainly to the 5th district, and from here through concentric circles the square meter prices of apartments and shops are decreasing. Let's see in 5 points what could…

Read more

At least this is the plan for the transformation of the station of the Örs vezér square metro and suburban railway stations that has become obsolete today. Moreover, it is more than that: not only the current two stations, but also the entire length of the suburban lines that reach the square will be renewed, and more parking places will be developed for the drivers. The change was largely served by the time, as today many more people use these lines than they have planned for, far more…

Read more

Those who wish to live in Buda, have to seriously think through which district they want to buy an apartment in. Due to the density of the buildings, the area lacks the green spaces and the number of new apartments on offer is also low. There are certain areas, however where those families who are looking for a new apartment can find their match. The largest selection of quiet apartments surrounded with parks can be found in district XI., because the district stands at second in the number of newly-built…

Read more

The average selling price of residential properties have grown by 14.1 percent nationwide, the nominal price level has surpassed the former high of 2008, and the real price could reach the level before the financial crisis this year. However, according to the analysis in the OTP Residential Property Value Map, this process had already happened in Budapest last year, meaning, that apartment prices in the capital are at an all time high.   The real estate boom was over in 2016, but the prices…

Read more

In bigger Hungarian towns like Budapest homes with a balcony or garden connection can cost six percent more than properties without it, reported the recent survey of Gardenexpo.Hungarian property market keeps on booming in 2017, house prices are still high, however, it is not as easy to sell them quickly as it used to be, writes Hungarian online news portal Origo. A property is usually sold within 3-6 months depending on the type and condition and there have been more and more buyers interested…

Read more

This year is predicted to be dominated by home buildings, with a total of 14,000-16,000 homes expected to be constructed in 2017, according to a property analysis sent to the Budapest Business Journal.According to the analysis this year is expected to be the epicenter of new home buildings in the Budapest and its agglomeration, while regional centers and towns with county rights such as Debrecen and Győr might also experience some boost.By the end of the year, experts expect the number of new…

Read more

Hungarians would like to live in 100 sqm homes and the most favoured types are the detached family houses with 3 bedrooms. In reality the average Hungarian homes are 15 sqm smaller than the desired size – showed the representative house market survey of CIB Bank.Almost everyone longs for a pleasant homeNine out of ten Hungarians consider it important to feel at home in the house they live in. This compares to a rather small group that is satisfied with the current housing conditions. Only…

Read more

The housing market – both the market of the new built and the owner occupied homes - in Hungary is well on the way to recovery from the recession. The new governmental allowance program – CSOK –, has also contributed to the growth. By the end of 2018 at least 15-20,000 new homes are foreseen to enter the Hungarian property market.The new build market was more moderate than the owner-occupied market in 2016. ”There is a demand for new build properties as during the…

Read more

The rental market faces an extremely busy period in Budapest. Apartment hunting has never been an easy process, but it looks like it'll be harder than ever in these coming months. Estate agencies can speed up the process. According to The Budapest Times article entitled Looking for a city centre apartment  there is hardly any other European metropolis like the Hungarian capital offering such quality living and cultural diversity along with recreational opportunities, and all set against…

Read more

Type in Your name and e-mail address to

Subscribe to Our Seasonal Newsletter

What’s My Property Worth?

Request a professional property valuation today!

Property Valuation