​Summer Houses at Lake Balaton Are High in Demand June 19th, 2014

Besides having an own apartment having a summer house at Lake Balaton is the thing most Hungarians dream about. As summer gets closer, summer houses become higher in demand. We can find the most expensive ones at Siófok, Fonyód and Balatonfüred, and the least expensive ones in Marcali and Tapolca. Most of those who would like to buy a summer house at Lake Balaton are looking for a newly-built apartment. Though since the beginning of the economic crisis less and less apartments have been built,...

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​Budapest is the 10th Best Place for a One-Night Trip June 19th, 2014

Budapest got an honorable place on a tourism related list again. This time American travel site TripAdvisor searched for cities where it’s the most worth to spend a night. Amongst the 48 listed countries Hungary got the 10th place. American travel site TripAdvisor examined the 48 most popular travel destinations to determine where it is the cheapest to spend a night. They used a cost comparing analysis called TripIndex Cities to know how much the services needed for a great night-out cost, such...

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​Hungary is One of the Most Livable Countries June 19th, 2014

Though a lot of Hungarians move abroad to try their luck, others find Hungary one of the most livable countries, and have many reasons to stay. They like the pleasant climate, the education opportunities and Lake Balaton. Economic news site Portfolio.hu made a poll about the reasons why Hungarians like to live in their country. The recent results show only 9 percent answered they don’t. The rest of them mentioned the pleasurable climate or the abundance of historical monuments as reasons to stay....

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​The Former Holiday Resort on Rózsadomb is for Sale for HUF 5 Billion June 16th, 2014

Its owner decided to sell the former holiday resort of the former National Council of Trade Unions on Rózsadomb. The property, which is located on one of the most exclusive sites of Hungary, is for sale for HUF 5 billion. The building, which has been standing deserted for years, has a beautiful view to the city. It was revealed in June that CIB Group is looking for an investor to buy its property located on Rózsadomb. Cushman & Wakefield is in charge of the sale of the former holiday resort...

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​Renewal of the Line of Tram No. 1 Continues June 16th, 2014

The next part of the reconstruction of the tram no. 1 was started on the 10th June. The part that is planned to be ready by the beginning of September includes the renewal of the line in the 14th district, and its extension also continues. The next part of the reconstruction of the tram no. 1 begun on the 10th June, which, according to the plans, will be finished by the beginning of September. According to the BKK Centre for Budapest Transport the current part of the reconstruction includes the...

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​Reconstruction of Széll Kálmán Tér Is about to Start June 4th, 2014

After the long planning process the reconstruction of Széll Kálmán tér can finally begin in June. The work must be finished by the end of next year. The BKK Centre for Budapest Transport has already made a decision of the constructor. The reconstruction is expected to cost HUF 5.3 billion. Hopefully the long-awaited reconstruction of Széll Kálmán tér won’t be postponed again. According to the plans the work will be started in June. The reconstruction must be finished by next December,...

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