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 we would like to introduce a great rental opportunity - the Property of May is an ideal choice for those looking for a well-located, cozy home in the heart of Buda.
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.
Budapest is not only the favorite choice of tourists in the region but the Hungarian capital is also the top pick among real estate investors. According to the latest data, in the Central-European region, Budapest provides the best value for money if you are thinking about buying an apartment in the city center.
The property of October offers a great opportunity for people who dream of their new home in a beautiful and unique environment or looking for an excellent investment.
The property of September is unique in terms of location and neighborhood as well. The outstanding property offered for sale is located in Buda, in the popular district XI, also in one of the most frequented parts of the city, on St. Gellért Square.
This month, our staff picked this super cool, movie-themed apartment in Budapest's 7th District. Read more to find out its best features.
2017 will be dominated by new home constructions, with an estimated total of 14,000-15,000 homes expected to be buitl this year.
This month's feature is a wonderfully designed and furnished 1 bedroom apartment on the iconic Andrassy Avenue.
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.
At the end of 2015, the Hungarian government decided to allocate money towards a new subsidy purchase program for young families with children. The minister has set a budget of HUF 40 billion but has said that this could be increase if the demand is high enough. It is important to note that over 80% of the Hungarian population are in favor of this government action. The minister has said that the government is willing to help several hundred thousand families.
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.
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