Property Market News from Budapest, HungaryStay up-to-date on the property prices and real estate market trends in Budapest.

Property Prices in Budapest by Districts January 30th, 2018

The growing popularity of tourism in Budapest is also reflected in housing prices. Many have invested in properties in recent years, as short-term rentals for visiting tourists have proved to be lucrative investments. The subsequent extreme price increase reached its resting point: at present you may find a property in District 5 at a price of nearly 700 thousand HUF per square meter, in a market of limited possibilities. Second place was District 1, with a price of nearly 600 thousand per square...

more

Budapest Housing Prices are Still Growing December 13th, 2017

The real-estate market is still developing in Budapest – shows the most recent analysis of CSO. According to the new data, more and more homes are exchanging owner, but at higher prices. There is no difference between the used flats and the new dwellings. General Growth So far in 2017, the number of sold apartments rose with 5% in comparison with the same period in 2016. The prices went through an increase of between 2% and 5% over a year, depending on whether the apartments were new...

more

Meet Our Expert in London November 10th, 2017

Our sales agent is happy to meet you on the 21st of November, 2017. Would you like to see how the property market changed in Budapest? Get first hand information about the property prices and market trends from a Tower International’s expert on the 21st of November, 2017 in the City!BOOK AN APPPOINTMENT HEREor call +36 20 773 0874 for instant assistance.If you can’t meet us this time, we are happy to give you a free valuation on your Budapest property in e-mail or on the phone....

more

Price Growth in Hungary is in the Top 10 Within the EU October 17th, 2017

Domestic real estate prices in Hungary increased by 8% in the first quarter of 2017. This increase is high above EU average. Hungary is preceded by only five other countries, so one can feel himself among the elite when investing in Hungary. Although the real estate market is soaring, there are some interesting changes. The prices of panel wares have risen, meaning that the market is skyrocketing as demand has shifted towards lower-price homes. Another important change is that a lot more apartments...

more

17% More Budapest Properties were Sold in this August than Last Year September 15th, 2017

An exceptionally successful month was closed this year for August flat sales in Budapest: 13 787 homes changed ownership in the last month of the summer, which represents a 17% increase over the previous year. Since 2011, this is the strongest August in the housing market. Although fewer sales have been made this year than August 2016, yet the trend encourages experts. The first half of last year proved to be a prominent period in terms of apartment sales, followed by a slight downturn, and in parallel,...

more

Changing Real Estate Sales Tax Regulations July 27th, 2017

Tax regulations on the use of income from real estate sales for private individuals are about to change – according to the information on the website of the tax authority.   The statement details that the income from real estate sales for private individuals (transfer of real estate and property rights) need to be determined starting from the income, the expenses and the holding period. According to the provisions currently in force  in the Personal Income Tax Act, if someone uses...

more