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

Budapest in the Top 10 October 4th, 2013

Budapest is in the Top 10 among 33 cities listed by their popularity in aspect of shopping tourism. The Hungarian capital got the 10th place taking over Milan, Vienna, Brussels or Moscow. But in aspect of its price standards Budapest ranked even higher, at the 6th place. According to the results of the newest study of Economist Intelligence Unit, the research department of the weekly newspaper The Economist, Budapest ranked at the 10th place on the list of the most popular cities listed by their...

more

The 10 Thousandth Employee Started Working in the Audi Factory in Győr September 25th, 2013

The 10 thousandth employee started working in the 20-year-old Audi factory in Győr. The factory provides jobs not only for the locals; the newest employee for example came from Heves County, and started working in the engine manufacturing department. A new engine is manufactured in every ten seconds in the factory; which means a daily 8 thousand pieces are made. The 10 thousandth employee started working in the Audi factory in Győr. Norbert Honfi came from Felsőtárkány, Heves County, and started...

more

An Exclusive Medical and Sport Centre Was Opened in Buda September 25th, 2013

A new medical and sport centre, F&M Fitness and More was opened at the end of August in the MoM Sport building in the 12th district. The purpose of the new facility is to help injured sportsmen to gain their health back with the aid of modern medical methods. Buda’s new medical and sport centre, F&M Fitness and More was opened in the MoM Sport building in Csörsz utca in the 12th district on the 24th August 2013. The costs (HUF 600 million) of the foundation of the centre – which is...

more

A Novelty Video Promotes Budapest September 25th, 2013

A young photographer chose a novelty way to promote the Hungarian capital. Norbert Németh made a time-lapse video of Budapest of more than 8 thousand photos. Watching the video we can see the capital and its monuments day and night, in winter and in summer, with and without a crowd of locals and tourists. The young photographer Norbert Németh created a special time-lapse video of Budapest. He took more than 50 thousand pictures for the video, from which 8500 pieces were used for the final version....

more

Did you know? - The Most and Least Expensive Apartments in Hungary September 20th, 2013

There's a vast chasm between the prices of the most and the least expensive Hungarian properties. In the first case the price can be more than HUF 2 million per square meter, and in the latter one it is only around HUF 10 thousand. The most expensive property in Hungary is currently a luxury apartment in the city centre with a view at the Danube, and one of the least expensive ones is an adobe house in Nyíregyháza. There's a not less than 160-times difference between the prices per square meter...

more

Andrássy út Is Getting More and More Popular on the Real Estate Market September 20th, 2013

The rentable offices on Andrássy út are more and more popular. Luxury fashion brands have opened their stores on the boulevard, and new cafés and restaurants are waiting for their guests. Thanks to these changes the number of customers and tourists visiting this area has also increased. According to the information of commercial property and real estate services adviser CBRE more and more renters choose an office located at Andrássy út. The part between Oktogon and Nagymező utca is popular...

more