market news

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

Tenants are driven by optimism in the Hungarian market

July 29th, 2015

Inner districts of Buda and Pest have seen a more than 20 percent increase in rental fees compared to the first half of 2014. According to experts tenants are driven by the same optimism than real estate buyers. More...

What yield can you expect if you invest in a flat?

July 29th, 2015

Otthon Centrum real estate franchise network published some interesting data, with the help of which we can estimate what yield can be counted on with different types of flats. According to their data, if you invest in...

Meet Our Experts in the UK in June!

May 20th, 2015

Is this the right time to sell or to buy an apartment in Budapest? Would it be good get help from local experts in person? We make it easy for you! Tower's real estate professionals will visit the United Kingdom again...

Why Do Property Prices Keep Going Up?

May 8th, 2015

Property prices keep going up: in the case of an apartment with a favorable location sellers don’t have to give a discount off the price anymore; in fact, the possible buyers offer more money to avoid somebody...

3 Reasons Why to Buy an Apartment Now

April 27th, 2015

Home seekers have more reasons than ever to buy an apartment now, thus those who’ve been waiting for a good deal also should review the listings. Real estate market started to rise last year, and this trend kept...

Russians Love Hungarian Property

April 16th, 2015

In 2014 more than 1800 apartments were bought by foreigners in Hungary, mostly in Budapest – and mostly by Russians. According to the Hungarian government’s statistics regarding property acquisition permits more...

Only 1100 New Apartments for Sale in Budapest

March 29th, 2015

Compared to 2010’s 3800 in January 2015 only 1100 newly built, ready-to-move-in apartments were for sale in Budapest, and 600 were under construction. Last year 50 percent more apartments were sold in Budapest than in...

More Apartments Are Bought as an Investment

March 29th, 2015

More Apartments Are Bought as an Investment More and more apartment buyers purchase property as an investment: in Budapest every third buyer and in the country every forth buyer is an investor. According to the data of...