Category:
apartments

Buying Property in Budapest in 2020? This is what you NEED to know

If you’re thinking about buying property in Budapest as a foreigner, you’re among a growing number of people to do so! Consider these essentials before entering into Budapest’s real estate market.

The ultimate guide for foreign students looking for an apartment in Budapest

In this extended blog post, we really tell you all that is needed to know about renting an apartment in Budapest. We will walk you through on what factors you need to take into considerations before you even start searching. Where to search and what questions to ask the owner about the property. What documents you need to rent an apartment and how to register your residency in Hungary. 

 

Recent price increase in the Budapest real estate market 

According to the latest real estate market reports*, the price increase of pre-owned homes in brick buildings is above 10 percent in all districts of Budapest, compared to property sales prices in the first half of last year. 

How to find the perfect apartment as a foreign student in Budapest

Budapest is a truly vibrant European city, famous for its excellent universities. In a previous post, you can read about why this city is so popular among foreign students. If you are going to continue your higher education in the Hungarian capital, finding the perfect accommodation for you will soon become urgent.

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.

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.

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.

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.    

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.    

Possible tax lift on long term rental income

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

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. 

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. 


Contact

 

METROPOLITAN HOMES BUDAPEST 

REAL ESTATE AGENCY 

OFFICE ADDRESS: ZOLTÁN U. 13, DISTRICT V, BUDAPEST H-1054

OPENING HOURS: MONDAY-FRIDAY 9:00AM - 5:00PM, OR BY APPOINTMENT

OFFICE PHONE: +36 1483 15 47

MOBILE PHONE: +36 30 242 67 26

EMAIL:  INFO@MHOMES.HU

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