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

Budapest as the Host City for the Olympic Games: Maybe Not Just a Dream Anymore December 13th, 2014

The Agenda2020 conception accepted by the International Olympic Committee provides an opportunity for smaller capital cities to be able to organize the Olympic Games. Implementing the conception capital cities with a population of 2-4 million could organize one of the most important sports events of the world cost-efficiently. Cost-Efficient Solutions Instead of Big ParadesThanks to this conception Budapest also gets a chance to be able to get the right to organize the Olympic Games in 2024 or later....

According to the expectations Hungarian property market can pass the dream barrier of 100 thousand by the end of the year, since in November 2014 a remarkable number – 10434 – of apartments were sold again. According to the data of real estate agency Duna House much more apartments were sold in this November compared to the result – 7 thousand sold apartments – of last year’s same period. 96 Thousand Apartments Have Been Sold This Year Although a seasonal decrease was shown after...

The schedule for the forintization of foreign-currency loans was published last week. The foreign-currency and the foreign-currency-based property loans get forintized, those got for buying an apartment and the free-to-use ones as well. The forintization is not obligatory: the debtors can request that their loans stay unchanged, if they get their regular salaries in foreign currency, and its amount is higher than the monthly repayment; they meet the criteria of the income-driven repayment...

Reveal the truth behind 5 popular misconceptions. The answer is obviously YES. However some property managers facing replacement can try to convince you otherwise.Let’s see some frequencies – but incorrect - objecting property managers may tell you why you can’t move to another company while there is a tenant in the apartment. “I am your authorized representative towards the tenant”Yes. Still…, but not forever. You remain the owner of the flat legally. The management company or...

Compared to the previous 1 or 2 years it’s become far easier to find a buyer for our apartments. According to the analysis of OTP Ingatlanpont an apartment gets sold in a shorter time (in 6-8 months, not in a year, like a few years ago), and the buyer has less opportunity to negotiate the price. More and More Owners Decide to Sell Thanks to the above more and more owners decide to sell their apartments, after a few years’ waiting. The 40-60 Square-Meter Apartments Are the Most Popular 40-60...

Get a free valuation on your Budapest property near your home.Our professionals will be available for private meetings to discuss your property related questions: in London, on the 18th and 19th of November (Tuesday and Wednesday) in Belfast, on the 21st and 22nd of November (Friday and Saturday) Click here to Book a personal meeting now or contact us for prompt assistance on the numbers below:Mobile: +36 20 773 0874Ireland Toll Free: 1-800-904-177United Kingdom Toll Free: 0-808-189-1343

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

Budapest as the Host City for the Olympic Games: Maybe Not Just a Dream Anymore December 13th, 2014

More than 100 Thousand Apartments Can be Sold by the End of the Year December 5th, 2014

All You Need to Know about the Forintization of Foreign Currency Loans November 27th, 2014

Can I switch management companies while my apartment is occupied by a tenant? November 27th, 2014

It Became Much Easier to Sell an Apartment November 24th, 2014

Meet our expert in London or in Belfast November 13th, 2014