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

What You Must Know About Taxation in Case of Selling November 27th, 2018

If the owner wants to sell his property he can count on some costs that are handy to know at the beginning. It is especially important for those who would later like to buy new real estate from the amount they are receiving, and for those who would like to take a loan from the bank. If a property has been transferred after 2013 personal income tax liability is incurred for the new owner. This tax has to be payed if the purchased property is sold more expensively than it was previously purchased,...

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More than 100.000 Homes Sold in 2018 September 17th, 2018

Since the financial crisis, there has not been such a buzzing time in the real estate market as in this year, the current analysis of a Hungarian real estate company and the Central Bank of Hungary (MNB) reveals. Until August 2018, a total of 105,573 transactions were made, and if the growth continues, the number of sales transactions can exceed the 154,000 of 2008. In August, 13,869 real estate sales were recorded by the Monthly Transaction Estimate, again a strong month in the real...

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Refurbished Apartments Worth 20% More, but Hard to Find Them September 13th, 2018

At present, there are significant differences between flat prices of Budapest, which is mostly attributable to the condition of the property. According to the ingatlan.com analysis, owners can get up to 20% more for a refurbished apartment. The only problem is that the quality of refurbished apartments is very low at the moment on the market. Examining nearly 20,000 private advertisers, it can be seen that for a refurbished apartment 20% more can be charged compared to a non-renovated flat....

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Meet Our Expert in London September 6th, 2018

Our sales agent is happy to meet you on 26th and 27th September, 2018. 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 26th and 27th September, 2018 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...

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The Features of Today’s Budapest Property Market July 16th, 2018

At the end of the first quarter of this year, 6800 homes were for sale on the Budapest real estate market, while at the beginning of the same period 9 percent more homes were waiting for customers. The demand side, however, closed a stronger period. In the first three months of the year, it has been the strongest quarter of the last two years, as more than 2500 homes have found their new owners. The increased demand is also shown by the fact that more than a third of the projects announced this...

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With the Help of a Professional It is Easier to Sell a Budapest Property July 16th, 2018

Although this year, 8 percent less real estate ads were released in Budapest, the supply did not fall. This is because buyers mostly select from newly listed ads, so many homes are stuck in the market. The situation can be solved by requesting expert assistance in the sale of our home, because it is worth investing in an experienced real estate consultant, saving time and money in the long run. 48 days or never Experience shows that panel flats remain the category, which can be sold in the shortest...

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