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market news

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

Optimistic Mood Among Hungarian Real Estate Investors

April 19th, 2018
CBRE has again organized its traditional investment breakfast in which it asked representatives of leading Hungarian companies on the real estate market and the expectations of 2018. The participants were quite...

Significant Increase in Budapest Real Estate Prices Over Two Years

March 20th, 2018
Compared to February 2016, the average price of newly built apartments in Budapest increased by about 200 thousand forints. While two years ago it was possible to access a newly built apartment at an average square...

1.5 Times More New Homes Were Built in Budapest Last Year than Before

March 20th, 2018
Based on the most recent analyzes of the CSOK, it can be stated that the new housing construction market in Budapest is performing very well. While in 2016, 9364 building permits were issued for flats, in 2017, this...

Hungarian Construction Industry Grew by 35%

February 23rd, 2018
The construction industry closed with significant growth last year. According to Eurostat's analysis, Hungary's growth was the largest in the European Union: about 35 percent higher in December than in the same period...

Hungary: More Than 2 Billion Euros Real Estate Development in 2018

February 23rd, 2018
Hungary is again included this year at the Cannes international property exhibition, the MIPIM's central conference program. 3100 exhibitors from over 100 countries will attend the exhibition, with more than 50 cities...

These are the Most Popular Districts in Budapest for New Apartments

February 23rd, 2018
Almost everywhere since the beginning of the year, we read that last year had broken records on the new home market in Budapest, and this year will even surpass this. Now let's look at the districts of Budapest where...

Upgrade the Furniture and Maximize the Rent!

January 26th, 2018
On today’s rental market quality furniture is a key factor in Budapest. Check out how Tower’s Interior Design and Renovation Team upgraded the furniture of a 2 bedroom, classical apartment, in a riverbank...

Budapest is Still Much Cheaper Than Western Europe

January 24th, 2018
However, the cost of housing in Budapest seems to be dramatic in Hungary, it is still much cheaper to get a property even in the most expensive districts than in the countries of Western Europe. This is a great...

Still a Solid Increase in Real Estate Prices. Let's see the numbers!

December 13th, 2017
While in the second quarter last year the new housing prices increased by 12.2% and the prices of second-hand homes increased by 13.5%, in the second quarter of this year we could count on a 4.5% increase in the price...

How to Keep the Rental Value of Your Budapest Property?

November 22nd, 2017
Stay competitive on the changed market. Let’s see our latest case study. The rental market changed: tenants can choose from nicely renovated apartments with quality furniture. After few years of tenancy it might...

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

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