Category:
budapest

Incredible price increase in the Hungarian housing market - 19% growth in 12 months

According to the "Global Residential Cities Index - Q3 2018." report by Knight Frank, Budapest shows the highest 12-month residential property price growth in Europe.

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Must see - Technicolor travel video of Budapest in 1938

 

A recently published video by Metro-Goldwyn-Mayer company shows how Budapest looked back in 1938, before all the destruction of WWII. What's more, the video was shot in Technicolor. 

 
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Property of the month - August 2017

Panoramic views can always make a property extraordinary, but this little gem in downtown Budapest is a real rarity - the carefully designed and crafted interior perfectly matches the incredible views this apartment has.    

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Possible tax lift on long term rental income

A new proposal for the year 2018 would lift the 14% tax on rental income. 

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Capital gains in 2016 in the Hungarian Property Market

The national average in 2016 on the value increase of residential properties in Hungary was 15,4%, according to a report by the Hungarian National Bank.   

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Property of the month May

This month, our staff picked this super cool, movie-themed apartment in Budapest's 7th District. Read more to find out its best features.

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Cool new loft apartments planned on Astoria's abandoned building

The once office building that stands next to Astoria Hotel in downtown Budapest has been empty and abandoned for decades now. There's a group of people that are interested in giving the real estate a new life. 

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Hungarian Housing Prices Skyrocket

Hungary’s real estate market is in an upward spiral after years of decline due to the real estate market crisis in 2008. The expected growth is five-to-ten percent in the following two years. Beginning in 2014, property prices began to grow by over ten percent. Hungary’s low interest rate, a record low at 1.5%, and a stabilized banking system lured buyers and investors alike. The trust factor has returned to the real estate market in Hungary.

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New wing of Central European University complete

Budapest's renowned Central European University has finally completed a new wing - the first phase of an enourmous development for expanding in the next few years, the new building in Nador street is now buzzing with life. 

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Budapest: The Best Real Estate Market in Europe

While Budapest, the capital of Hungary, may not be the first city that tourists heading to Europe put on their itineraries, it's becoming a new magnet for global real estate investors. Budapest is not as saturated with buyers and sellers as cities that are more on the beaten track. That's only part of its appeal, however. The "Pearl of the Danube" is a world class location with assets that outshine more high profile markets. The advantages to buying property there may never be as ideal.

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Budapest Real Estate Continues to Attract Investors

Hungary’s capital city of Budapest continues to attract foreign investors seeking high-end apartments. Professional real estate investors see the boom in tourism and now seek to rent the properties they purchase. This boom has led to a rise in real estate purchase transactions and helped stabilize the housing market in Budapest. Many risk-averse foreign investors now consider Budapest as their preferred investment destination.


 

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Budapest is the new favorite for foreign property investors

A new wave of foreign property investors has descended on Budapest, the capital city of Hungary. According to a study recently released by estate agency Otthon Centrum, the first half of 2015 saw an astonishing increase of property transactions in the city. In fact, the total figure was ultimately revealed to be 40 percent higher than the final figure that was reported for the previous year. In a word, the property market for foreign investors in Budapest is booming at a rate that was frankly inconceivable even a few short years ago.


 

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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. 

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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. 

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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. 

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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.

 

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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.

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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. 

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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. 

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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.

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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. 

 

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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".   Read more

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.  Read more

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.

 

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METROPOLITAN HOMES
Our boutique real estate agency offers you a wide selection of exclusive properties in Budapest, ranging from luxury apartments and luxury penthouses to family homes and estates. We have preselected these Budapest properties so you can conveniently search for the best luxury real estate Budapest has to offer. Whether you are looking to rent a high-end apartment in Budapest or searching for a property investment, we can help you find your ideal apartment or house in the best areas of Budapest. 

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