Author:
Norbert Stahl

Number Of Home Construction Permits in Hungary Go Up

According to the Hungarian Central Stastical Office, the number of construction permits and simple declaration of  new residential buildings have doubled in the first quarter of year compared to the same period in 2015. This further proves the outstanding optimism Hungarians have about the property market. 

Real Estate Survey Index At Its Nine-Year Peak

According to a survey taken in January 2016 by GKI Economic Research Company, both Hungarian and Budapest real estate market indices were up by 3 points this quarter, representing a 35-quarter peak: 2007 was the last time the index was this high. 

Reconstruction of Nehru wharf

Construction works have been going for a while on a large area behind the so-called “Whale”, and the Central Market Hall in the 9th District.

The municipality of the district has recently released the architectural design plans regarding the area, which are to be done at the end of this summer. 

Property of the month - January

Our property of the month in January is a wonderful apartment overlooking the iconic and gorgeous St. Stephen's Basilica that is located right in the center of town, perfect for those wanting to be in the center of it all or within walking distance to main features that the city has to offer.

 

Budapest Named One Of The World's Most Creative Cities By UNESCO

It was announced on December 11th along with 46 other cities from 33 countries that Budapest has been crowned by the UNESCO Creativity City Network, as one of the world's most creative cities, under the category of Design.

New Homes Construction VAT drops to 5%

Most certainly the biggest news this week in real estate was Hungarian Parliament passing the bill to reduce the currently 27% VAT on construction on new residential properties to 5% from 1st January, 2016. 

Christmas Fairs in Budapest Open

If you are new in Budapest and this is your first Christmas, don't be dismayed, there are loads to do and if there is one place that does it well, it is Budapest. Though it might come as a surprise for many newcomers here who are used to Christmas Eve as the day when Santa Claus comes, here in Hungary, the Mikulas nap (Santa Claus Day) falls on the 6th of December, where children shine their boots and leave them out for Santa Claus to fill them with treats and leave presents. 

Further Growth In The Hungarian Residential Real Estate Market

 

A high 150 to 155 thousand residential property transactions are expected to happen this year alone within Hungary. This high number is almost parallel to the pre-crisis transaction stats of 2008. Most real estate experts concur that the trade will continue to grow within the coming years, and will most likely exceed the 170-180 thousand yearly transaction number, which was the case in the pre-crisis years. 

Property Of The Month - November

 

For this month, our feature property is a house, recently refurbished and wonderfully Bauhaus. While maining the essence, beauty and full character of true Bauhaus design, the renovation and up-lift of this gorgeous house, is fully equipped with modern amenities and features.

Property Investment Forum 2015

The 11th Portfolio Property Investment Forum is organized this year in the Hotel Intercontinental in downtown Budapest.
The all-day professional program is organized in association with RICS, and it offers 70 speakers, paralell thematic sections, and a standing reception in the evening. 

 

Property of the month - October

This month, we feature a small, but unique and modern 1 bedroom apartment located in a high-end, newly developed apartment complex in Budapest's 2nd District, in a beautiful area next to the iconic "Rose Hill".  

Property Market News October

When the Financial Times writes about a property market, that’s when you know things are really hot.  In the article published last week, the British leader of business news writes about the Budapest property market. 

Tourism boosts rent in Budapest rental market

As the number of tourists arriving in Hungary hits record highs and online rental websites become increasingly popular, a columnist calls for stricter tax inspection and better regulation of the privately rented appartments.

 

Property Of The Month - August

This month’s staff pick is a gorgeous and stylish 1 bedroom apartment offering breathtaking views of the iconic Parliament building from its balcony.


 

Real Estate sales in Hungary booms in July

July has been the strongest month of the year so far in Hungary’s real estate market, as residential property deals were over 12,000 transactions. 
 

Budapest Real Estate Market is on the move

Last month has been another great month in the Budapest residential real estate market, as the number of estimated transactions in the country was over 12,000 this June. 

Welcome to our new real estate website and blog

Welcome to the new Metropolitan Homes Budapest! Our website has gone through a major redesign recently, as we have decided to change both the looks and the functions of our real estate website. We did this all to give you a much better user experience while you're searching for the perfect property in Budapest, Hungary. 

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