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

People Forming the Classical Budapest - Franz Liszt, the Eponym of the Academy of Music November 19th, 2013

Franz Liszt was one of the most renowned composers and pianists of the 19th century; and he is one of the most famous Hungarians as well. But foreign tourists know him not only by his works, since he is the eponym of the Franz Liszt Academy of Music, home for classical musical concerts and education; and of the airport of Budapest as well. Franz (Ferenc) Liszt was born in 1811 in Raiding, a then Hungarian, now Austrian town, his father was Prince Esterházy’s clerk. His musical talent revealed...

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Architects Forming The Classical Budapest - Ödön Lechner, the Pioneer of the Hungarian Secession November 7th, 2013

Ödön Lechner was a pioneer of the Hungarian Secessionist architecture. Some of his most famous works are the Museum of Applied Arts, the Postal Savings Bank or the Saint Laszlo Parish Church. His work had a huge impression on the following architect generation. Ödön Lechner was born in 1845 in Pest, in a civil family. From 1866 he studied at the Bauakademie in Berlin, then travelled around Italy, and a year later he opened a architect office with his former fellow student, Gyula Pártos. They...

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Architects Forming The Classical Budapest - Imre Steindl, Architect of the Hungarian Parliament Building November 7th, 2013

Besides Miklós Ybl and Frigyes Schulek Imre Steindl was the most famous Hungarian architect of the 19th century, who followed the historicist school. Besides his most renowned work, the Hungarian Parliament Building he made the plans of the Commercial and Industrial Bank and the buildings of the Eötvös Loránd University on Múzeum körút as well. Imre Steindl was born in 1839 in Pest as a son of a jeweler. He got his qualifications at the Budapest University of Technology, then he studied at...

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Architects Forming The Classical Budapest - Miklós Ybl, Architect of the Hungarian State Opera House November 7th, 2013

Miklós Ybl was one of the most renowned Hungarian architects of the 19th century. His most famous work is the building of the Hungarian State Opera House located at Andrássy út in Budapest. Ybl made the plans of the St. Stephen's Basilica and the First Savings Bank of Pest as well. Miklós Ybl was born in Székesfehérvár in 1814 as a son of a tradesman. Between 1825 and 1841 he studied in Paris, Munich and Italy. In 1841 in Budapest he opened the Architecture Institute with the son of architect...

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These Districts Are the Most Popular among Property Buyers This Year November 4th, 2013

Among the expensive apartments those of the 2nd district are the most popular, and among the cheaper ones those of the 14th district. This year ca. 350 of them have been sold; this amount was more or less the same in the last 3 years. The most transactions have been realized in the 11th and the 13th district; annually 2500 transactions are realized here. The cheaper, HUF 9-million worth apartments of the 14th district and the more expensive, HUF 25-50-million worth apartments of the 2nd district...

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Another Renewed Part of Corvin sétány Is Ready November 4th, 2013

The second renewed part of Corvin sétány, the area between Nagytemplom utca and Leonardo Da Vinci utca is ready. Building the avenue is one of the central projects of the renewal of the region. According to the mayor of the district the renewed avenue will lure new investors to the neighborhood, and the reputation of the district can also improve. The second renewed part of Corvin sétány (Corvin Avenue) was inaugurated on the 29th October. Building the part connecting the areas between two streets,...

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