​Record-Breaking Sales on the Real Estate Market October 14th, 2014

The number of the transactions on the real estate market hasn’t been this high as in this September since January 2012. According to the data of real estate agency Duna House 10059 transactions were realized in last month, which means this September has been the best month in 2014, and at the same time the second best in the past 5 years. 25 Percent More Apartments Were Sold than in Last September In last year’s same period 25 percent less apartments were sold than in this September, although...

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15 New Bridges Are to Be Built over the Danube October 14th, 2014

According to the plans the metropolitan areas along the Danube will be developed by 2020; the reconstructions are expected to cost ca. HUF 230 billion. The plans of the leadership of the capital include building new bridges, harbors and metro lines, and reconstructing public spaces. Enhancing flood prevention is also a part of the plan, which can cost HUF 60 billion. They would also like to make the riverbanks to be easily accessible by foot, and they would develop the traffic relations as well....

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How to Prevent Break-Ins in 3 Steps September 29th, 2014

Every tenant and apartment owner is afraid of break-ins, although sometimes it’s enough to pay attention to some simple things to prevent the trouble.   It’s important to take into account that burglars also work when we are at home. Some of them try to break in when we are asleep.  That’s why we have to pay attention to the things below before we go to bed.   Always Lock Every Door Even if there’s no exterior handle on the door, it’s not enough to close it: lock it every...

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​How to Save 60 Percent on Utilities with Property Renovation? September 29th, 2014

It’s recommended to get our apartment renewed before heating season, since we can save not less than 60 percent – a monthly HUF 15 thousand – on the heating bill. Despite the above, a lot of house owners tend to postpone redoing referring to the lack of financial sources or information, the fear of getting a loan and the unpleasantness caused by the construction. And some of them simply don’t believe they could save a lot on utilities with renovation.   It’s Worth to Refurbish the...

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Hungarian Apartments Are the Cheapest in the Region September 29th, 2014

Within the Central European region Hungarian apartments are the cheapest and Czech ones are the most expensive: in Hungary we have to pay EUR 917 (HUF 286 thousand) per square meter, and in the Czech Republic an apartment costs EUR 1186 (HUF 370 thousand) per square meter.   Apartments in London Are the Most Expensive According to the analysis of Deloitte surveying 14 European countries the most expensive apartments can be found in London and Paris. In London an apartment costs EUR 10 thousand...

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​70 Percent More Loans Were Taken September 29th, 2014

During the financial crisis the Hungarian property market decreased the most in Europe, but now it finally seems to begin to rise again. Hungarians are more likely to take a loan, the forint-loans are currently quite cheap, and those who have a debt because of their foreign-currency loan will get a reimbursement. Hungarians Are More Likely to Get a Loan  A several 100 thousand Hungarian families got a Swiss-franc loan before the crisis, and got themselves into a tough situation when their monthly...

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