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market news

We keep you posted on property prices in Budapest and real estate market trends in Hungary.

12% of the Budapest Property Buyers were Foreigners in 2018

August 13th, 2019
A total of 7,300 sales transactions were recorded in Hungary where the buyer was a foreigner. Foreigners spend less on the Hungarian housing market as a whole, but they reach 12 percent in Budapest and 26 percent…

Development: The Western Gate of Budapest

July 9th, 2019
The peculiarity of our century is that instead of creating new cities, we expand the existing ones. The surrounding settlements are slowly becoming part of it, so transport networks are constantly changing to suit…

There is an Incredible Amount of Apartments on the Market in Budapest

June 27th, 2019
We looked a bit into the future to calculate how many new properties could be expected on the market in Budapest. The majority of the 500 projects can already be completed this year, with a total of 25,000 flats,…

What will be the Next Business District of the Hungarian Capital?

June 12th, 2019
There are huge developments in many parts of Budapest, and the surroundings of Népliget is no exception. This area has a lot of investment potential, and there is no shortage of new projects. In addition…

The Most Significant Architectural Projects in Budapest

May 14th, 2019
The possibilities are favorable now for architectural advances in the capital. This can be seen from the fact that huge improvements are still underway in Budapest. Developers need to consider rules such as the…

FORBES: Why Budapest Is The 'Go To' City For Entrepreneurs

March 20th, 2019
In previous years, London and Berlin were the destination for European entrepreneurs, but this has been taken over by Budapest, the capital of Hungary, according to Forbes. According to Startups.co.uk, out of eighty…

Emerging Number of Foreign Property Buyers in Budapest

March 18th, 2019
A total of 3529 properties were purchased by non-EU citizens in 2018. The Chinese have bought 1610, Israeli citizens bought 331 properties in Hungary according to the 2018 data. Compared to last year, the number…

Tesla Will Open its First Salon in Hungary

February 26th, 2019
Tesla invites everyone for a test drive, as they will soon hand over their first sales point at the Pest ending of Petőfi Bridge in Budapest. From spring 2019, anyone can get acquainted with the Tesla models in…

More Tourists are Interested in Budapest than in Beijing

January 15th, 2019
The number of tourists visiting in Budapest has reached four million, and now the city rivals the most popular Asian towns by the information of the Euromonitor International Top 100 City Destinations 2018. Budapest…

Price Growth in Budapest: Fastest in Europe, 3rd Worldwide

January 8th, 2019
New report reflects the amazing residential property price growth in the Hungarian capital. Budapest shows the highest 12-month residential property price growth in Europe, while ranking behind only Xiʼan (China)…

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Prices of apartments are indicative only. Pricing and availability should be confirmed with Tower International.

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