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Resale property prices in Budapest increased in 2018 Q1 and Q2

According to the most recent data of Central Statistical Office (KSH), the pace of price increases of residential properties in Budapest, Hungary was exhilarated again in 2018. As reported by KSH, in the first half of the year, 59 000 homes were sold in the country, it means a 7% rise compared to last year.

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The number of new apartments continues to rise in Budapest

In Budapest there are currently 20 000 apartments being built or planned to be built.

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Budapest real estate prices have increased up to 80% in the past years

Over the last 3-5 years, the Hungarian real estate market has gone through tremendous changes. In 2013, there was a slow downturn in the pre-owned home market, followed by an accelerating rise in prices. This rise was moderated in 2017, but the real estate prices are still increasing.

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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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Apartment rentals are booming in Budapest

With the new academic year starting in September, this month is certainly the season to see and expect the apartment rental market boom in Budapest.    

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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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Thousands of new homes expected in 2017

2017 will be dominated by new home constructions, with an estimated total of 14,000-15,000 homes expected to be buitl this year. 

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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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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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About us

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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