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

The Hungarian real estate market is in a huge upswing July 17th, 2015

Sales were at a near-record level in the Hungarian real estate market in June: 12 184 estates changed hands, which is a strong 40 percent increase from last year's same period. Most recent transaction estimates by Duna House real estate agent network reveal that there was only one month in a year with stronger numbers than June: in March the number of transactions was slightly higher. In 2014 June however only around 8700 estates were sold – and this was already in the upswing of the market,...

According to the latest data of Hungarian Central Statistical Office (KSH) more than 30 percent more apartments were sold in 2014 than in 2013. Used apartments were more in demand: newly built apartments constituted only 2.8 percent of total sales. Prices also increased, by 3.9 percent – but the price of apartments that were actually sold increased by 5.1 percent, since more expensive apartments are getting more and more popular. 25-35 Percent More Apartments Were Sold Last Year In the first...

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. - Full review on the current Budapest property market- Receive a free sales and rental valuation on your Budapest property- Get answer to your specific property management and taxation related questions We will be available to meet you: - in London on the 3rd and 4th of June (Wednesday...

In 2014 property market started to rise, and the increase kept on going this year as well. More and more are seeking for a home, and prices also increased. Sellers can get rid of their apartments more quickly, and buyers keep overbidding each other. The 2nd, the 12th and the 13th Districts Are the Most Popular Of course prices didn’t increase in every district or city – but in some areas they reached or even exceeded pre-crisis level. Besides location the size of the apartments is also an important...

According to the data of OTP Ingatlanpont demand increased by 24 percent and the number of transactions by 30 percent compared to last year’s same period. It Takes 25 Days Less to Sell an Apartment in Budapest It takes 25 days less to sell an apartment in Budapest than in the country. In Budapest the smaller, 35-40-square-meter apartments are the easiest to sell: they are bought for HUF 150-240 thousand per square meter on average. In the case of family houses, the smaller, less-than-100-square-meter...

The rise of the property market also generated a change regarding what kind of apartments get sold the easiest and for how much. According to the analysis of Otthontérkép 50-75-square-meter apartments are the most in demand, and they are sold for HUF 12-20 million on average. Within Budapest, the 11th, the 2nd and the 13th district are the most popular; and within the country, Pest and Veszprém County. Location When searching for an apartment to buy, one of the most important aspects is location....

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

The Hungarian real estate market is in a huge upswing July 17th, 2015

More Expensive Apartments Are in Demand June 2nd, 2015

Meet Our Experts in the UK in June! May 20th, 2015

How Much Do Apartments Cost in Different Districts? May 13th, 2015

Apartments Are Easy to Sell April 27th, 2015

What Kind of Apartments Get Sold and for How Much? April 23rd, 2015