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.
This month’s staff pick is this gorgeous 1 bedroom apartment in Budapest that is offered for sale, and has been designed beatifully and honed to perfection to make an excellent property investment case.
The property of January is an ideal choice for those looking for a quiet, comfortable home or an investment in the lively part of Budapest, close to the downtown.
The property of November is an excellent choice with its uncommon layout for those looking for a unique home and the first-rate investment in one of Budapest's most beautiful neighborhoods.
In recent years, more and more investment properties popped in downtown Budapest to serve the needs of travelers who rather avoid hotels and opt for short term vacation rental apartments.
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.
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.
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.
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.
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