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market news

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

Increasing Number of Foreign Property Buyers in Budapest

April 2nd, 2020
3753 properties were sold to international buyers in 2019 which is 6% growth compared to the year before.   According to the recently published data on kormany.hu (official site of the Hungarian Government) the...

Housing and Rental Prices Change in Hungary and Europe

January 28th, 2020
According to Eurostat’s analysis, the real estate market in Hungary is slowing down, which is good news for investors, buyers and tenants alike. In half a year, Hungary slipped from the first to the tenth place...

InterNations: Budapest Among the Top 20 Cities

December 19th, 2019
InterNations has compiled a list of the 2019 worst and best cities for expats called Expat Insider. Budapest finished in the top 10 in the local cost of living category, but also achieved remarkable results in other...

The Largest Stadium in Hungary was Opened in Budapest

December 3rd, 2019
A new national stadium opened in Budapest after 66 years. The match, which started at seven o'clock in the evening, opened the largest and most modern facility in Central Europe. Hungary and Uruguay were playing on the...

Developing Budapest - The Latest Developments of the Liget Project...

November 6th, 2019
The latest developments of the Liget Budapest Project have been completed. The Playground and Millennium House has opened their doors to visitors. The Városliget (City Park) is one of the first public parks in...

Smart Parking System is Launched in Downtown Budapest

September 24th, 2019
Smart parking has started in Budapest. In downtown, more specifically in the 5th district, there are 1,500 parking spaces available in the so-called Parker telephone application, primarily in the southern part of the...

THE ECONOMIST: Budapest is the Most Livable City in Eastern-Europe

September 20th, 2019
Every year The Economist compiles a list of cities in the world. They rank cities in terms of livability and publish the first 100. Budapest has become the most livable city in the Eastern-European region. The list of...

Construction Industry: Production in the EU is Growing the Most in...

September 16th, 2019
Construction performance in Hungary increased by more than 35 percent compared to the same period last year. Therefore, it can be said that the sector performs better in Hungary than in Western Europe. The European...

Development: Reconstructions Works in Budapest

August 26th, 2019
Several important locations in Budapest will be renovated in the coming months, including transport hubs and monuments. Széna Square In a few days, the renovation of Széna Square in the 1st district will...

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 in the...

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