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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.


Many people have a problem with how to renew their rented apartment without damaging them. In this article, we have compiled the best methods. A new apartment can often feel emotionless and cold in the first few weeks after moving in, whether it's for college rentals or for our new, long-term home. Everyone wants live in a homelike property, but in many cases it depends on the landlord. Painting and repairs are allowed in some places, while in others the tenant sticks to much stricter rules.…

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The operation of land registry systems will be completely changed by the introduction of the E-real estate registry in Hungary, said Bence Tuzson, State Secretary for Public Service in the Prime Minister's Office at the opening event of the E-real estate registry project in Budapest. In addition to being more secure and faster, the system also enables automated decision-making processes, which greatly contributes to the country's competitiveness. He emphasized that this is another step in the process…

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Smart parking has started in Budapest. In downtown, more specifically in the 5th district, there are 1,500 parking spaces available in the so-called Parker telephone application, primarily in the southern part of the district. A long-standing problem in downtown is parking, which the concept of the 5th district now seems to solve. District residents can park their vehicles partly in underground parking (with 300 owners already using this option) and partly use the new Parker app to simplify parking.…

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Every year The Economist compiles a list of cities in the world. They rank cities in terms of livability and publish the first 100. Budapest has become the most livable city in the Eastern-European region. The list of the British weekly can give Hungarians a reason to celebrate, as the capital has the title of the most livable city in the Eastern-European region, and it has a significant advantage compared to other capitals in this area. Each year, the Intelligence Unit staff compiles a list based…

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The revenues of the Hungarian hotels are also outperforming the results so far, although according to one of the latest statistics of the KSH (Hungarian Central Statistical Office) in the January-June period, there was no significant increase in the number of guests. According to the analysis of the Budapest Festival and Tourism Center, Asian guests spend more and more time in the Hungarian capital. The gross rental income of commercial accommodation establishments in Budapest exceeded 17.5 billion…

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Several important locations in Budapest will be renovated in the coming months, including transport hubs and monuments. Széna Square In a few days, the renovation of Széna Square in the 1st district will begin. As part of this, the parking lot will be eliminated and the buildings of the old bus station will be demolished, increasing the green space. After the renovation, where now there is only asphalt there will be plants and benches, the investment will cost 2.5 billion HUF. The…

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A total of 7,300 sales transactions were recorded in Hungary where the buyer was a foreigner. Foreigners spend less on the Hungarian housing market as a whole, but they reach 12 percent in Budapest and 26 percent in the inner districts of Pest. This rate has contributed to large price differences between the city and the country. The latest KSH (Central Statistics Office) report revealed in 2018 what nationalities were the most active home buyers and what price categories were most sought after.…

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The development of Budapest is necessary because of its important role in the country, says Gábor Bagdy, Deputy Lord Mayor of Budapest, at the World Economy Real Estate Market 2019-2030 building strategy! conference. Without a successful capital, there is no successful country, says Gábor Bagdy, Deputy Lord Mayor, at World Economy’s Real Estate Market 2019-2030 building strategy! conference. He spoke about the construction of a city where it is good to live, and, in his view,…

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There are many changes in Budapest due to architectural developments. There are prospects for more new city centers, but developers' aspirations for these areas can only come true if they are equipped with essential functions. This includes entertainment, recreation, sports and shopping, in other words, the people in these areas should have access to all necessities and recreational facilities. The inhabitants of Budapest know where to go, if they want cultural programs, want to shop, or they are…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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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…

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