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.
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.
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.
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 property investment, we can help you find your ideal apartment or house in the best areas of Budapest.
TELEPHONE: +36 1483 15 47