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

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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THE IRISH TIMES: Buying into the Budapest Boom July 11th, 2018

We would like to highlight a recently published article from The Irish Times about the Budapest property market: Irish buyers flocked to Hungary in the Celtic Tiger. Prices have now recovered. When the Irish began a short-lived love affair with overseas property from the end of the 1990s, the initial foray was into resort property along the Mediterranean. From there, horizons broadened to well-known and travelled capitals. As these were considered too expensive, the hunt for value began and one...

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Favorable Environment for Selling Your Budapest Apartment – Especially with a Little Help April 9th, 2018

Now it's worth selling second-hand apartments, as there is a favorable environment on the market for them. There are several reasons why the second-hand housing market in Budapest is once again in a good position, such as location, status, value for money, transportation options, housing size, or the number of rooms, etc. A Favorable Environment for Homeowners Over the past year (years) there was a clear boom in new housing market, many investments in Budapest have been completed, were in progress...

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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...

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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...

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