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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
News
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 […]
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Food Bank For Refugees – Budapest
When I was a child my Aunt used to tell me stories of her childhood. As a young girl living in Newcastle upon Tyne, England, she was evacuated to the countryside as part of the government’s evacuation program during the second world war. The journey was difficult, and she was filled with fear and uncertainty […]
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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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Wolfgang Puck To Open A Spago In Budapest
The celebrity chef Wolfgang Puck will open a Spago, his flagship California style restaurant, in Budapest’s Matild Palace – a hotel set to open this summer in a landmark building near the Danube. Read more
Posted: 15th April 2021
Categories: Events
News
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Second Hand And New Homes Market Starting To Boom
The market for second-hand and new homes is starting to become increasingly eventful, with purchases starting in early 2021, resulting in more than 1,600 newly built homes being sold by developers between December 2020 and February 2021, nearly half of last year’s new home figures. At this rate, the number of contracts could even double […]
