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Hungary’s 2025 Housing Boom: Rising prices and smart investments
Hungary’s housing market has experienced a sharp surge in 2025, driven by the release of pension savings and declining government bond yields. This has led to rapid price increases, particularly for one- and one-and-a-half-bedroom flats. Key Market Insights: Price Trends: Property prices in Budapest’s District V and District XII have exceeded HUF 1.3 million (EUR […]
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Budapest: Restoring the Buda Castle to its former glory, before WW2 bombings
The Hungarian Government has undertaken an ambitious project to restore the Buda Castle to its original pre-war design. This initiative, part of the National Hauszmann Programme, seeks to restore the Castle’s former grandeur and historical authenticity. The Castle, which suffered extensive damage during the 1944-45 siege (World War II.), was rebuilt in a simplified form […]
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Budapest: UAE-based Eagle Hills Group unveils controversial $12.3B “Grand Budapest” vision
The UAE-based Eagle Hills Group, headed by Mr. Mohamed Alabbar, has announced the $12.3 billion Grand Budapest project, aimed at transforming an underutilised 100-hectare site in Hungary’s capital into a modern urban hub. With plans for towering skyscrapers reaching up to 500 metres, the development promises smart city technologies, energy-efficient buildings, and €800 million worth […]
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Hungary removes real estate option from Golden Visa program
Hungary has announced significant changes to its Golden Visa program, removing the real estate investment option set to take effect on January 1, 2025. This decision represents a noteworthy shift in the country’s strategy for attracting foreign investment through residency schemes. Previously, foreign investors could secure residency by purchasing qualifying real estate in Hungary, making […]
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Daily News Hungary: Budapest market soars 11.8% in 2024, moderate pace predicted in 2025
According to Daily News Hungary, Budapest’s real estate market has experienced an 11.8% price surge over the past year, with average prices now exceeding HUF 1 million (EUR 2,417) per square metre. Resale properties in the city typically cost HUF 1.12 million (EUR 2,707) per square metre, while new builds in prime locations, such as […]
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BBJ: Hungary’s real estate players anticipate busier 2025, particularly in Budapest
According to the Budapest Business Journal (BBJ), investment activity in Central and Eastern Europe (CEE) is expected to grow significantly, with volumes projected to reach €10 billion in 2025, supported by anticipated ECB (European Central Bank) interest rate cuts and stable yield levels. In Hungary, the Budapest office market is facing challenges, with the vacancy […]
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Latest Housing Price Index
Discover the ever-changing face of the housing market through the lens of the latest housing price index data. The past month has seen some exciting shifts in real estate, triggered by a nationwide drop in property prices. What’s even more interesting is the growing interest among people in owning their own space, hinting at a […]
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Italy to seize $835m from Airbnb in tax evasion inquiry
An Italian court has ordered the seizure of €779.5 million in funds from the popular short-term rental platform, Airbnb, citing allegations of tax evasion. According to prosecutors, Airbnb neglected to collect taxes from property owners on approximately €3.7 billion in rental earnings. In Italy, landlords are obligated to pay a 21% tax on their rental […]
Posted: 7th November 2023
Categories: AIRBnB
Finance
Property
Short Term Rentals
Uncategorized -
The rental market is exploding again
A growing demand for rental properties since the begining of the opening has caused an increase of 7.9% on rent prices compared with December prices, writes index.hu The amount of advertised properties has also increased by 3%.
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Budapest Top European City For Property Price Growth In Q3
This quater Budapest has ranked the European city with the highest rate of growth for property prices and 3rd in the World at 19%.