Budapest welcomes the locals and the visitors with beautiful buildings and amazing sights, but sometimes, besides the great hustle and bustle, the proximity of nature is a welcomed gift.

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.

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.

According to the summer announcement, the government does not intend to extend the validity period of the 5% VAT on new residential properties which is in effect until December 31, 2019.

The currently under construction Etele Mall (Etele Plaza) will be the third largest shopping and entertainment center in Hungary, located in Újbuda (Kelenföld) with its 55 000 m2, at the biggest intermodal transport node of Budapest.

Budapest is a true capital with many famous sights attracting tourists. At the same time, there are places that only locals really know, but are real treasures such is the Károlyi Garden (Károlyi-kert) in the iconic district V. Despite its busy surroundings, its small size and the tall buildings around the park make it easy to miss.

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

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.

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.

Budapest has long been a popular city for university studies among foreign students. In addition to new adventures for a lifetime, Budapest has many other opportunities for them. We have summarized five reasons why this city is a popular destination for higher education studies in the region.

Modern mobile homes and container houses are getting more and more widespread. This video shows that they can also be no-compromise, high-end, smart homes.  

"Architecture is not about math or zoning -- it's about visceral emotions," says Marc Kushner in this fascinating and inspiring Ted talk. 

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.    

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.    

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

The national average in 2016 on the value increase of residential properties in Hungary was 15,4%, according to a report by the Hungarian National Bank.   

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. 

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. 

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. 

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.