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Hungary’s 2025 Economic Vision: Growth, Bonds, & Family First
Hungary’s economy is projected to be among the EU’s top performers in 2025, with an expected GDP growth of 3.4%. The draft budget, which targets a 3.7% deficit and anticipates interest expenditure at 3.8% of GDP, demonstrates a strong focus on family support and business growth while maintaining fiscal discipline. A significant financial milestone will […]
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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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Airbnb rentals will be completely prohibited in Budapest’s 6th District.
Starting January 1st, 2026, short-term Airbnb rentals will be completely prohibited in Budapest’s 6th District. This decision was made following a binding vote by local residents, supported by the National Assembly.
Posted: 30th September 2024
Categories: AIRBnB
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Property
Short Term Rentals -
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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Soon To Open W Hotel Are Hiring
Explore an exciting new career path at W Budapest where your natural talent is celebrated. Join us at our first recruitment event at Her Majesty the Rabbit on 2nd March, 5 pm to 9 pm. W Budapest is the first W Hotels opening in Eastern Europe. Located in the heart of the city at Andrássy […]
