Property Market News from Budapest

Read our latest articles about recent regulations, market trends and real estate prices in Hungary.

Good photos will sell your property – See some real examplesMarch 30th, 2015

Good photos will sell your property – See some real examples
How can you make sure that your property will attract attention? There is high competition in the online property market. People searching for flats browse long lists of property ads. Many owners think that pictures taken by a Smartphone are just good enough to advertise their properties.However, a property advertised with images were taken by a professional photographer do rent much faster. See below what a property looks like on a photo taken with a Smartphone, and on a picture taken by a professional.

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Europe's Largest Safety Belt Factory to Be Built in HungaryMarch 4th, 2015

Europe's Largest Safety Belt Factory to Be Built in Hungary
Europe’s largest safety belt factory is to be built in Hungary, in Sopronkövesd. Swedish manufacturer Autoliv is building its new factory here, where 700 employees  will work in the future. A new, 15-thousand square-meter plant will be erected next to the current, 19-thousand square-meter one. The Company Increases the Rate of Its Hungarian Suppliers The construction is expected to be finished by 2018. The project costs HUF 11 billion; the Hungarian government provides a HUF 1.5-billion...

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What Changes Can We Expect in Budapest in 2015?March 3rd, 2015

What Changes Can We Expect in Budapest in 2015?
​Several changes are expected in Budapest in 2015: besides others, parks, university buildings, public squares and sports facilities will be reconstructed and new  ones built. Some of the projects will be finished this year, and others during the next few years. Nyugati tér The square facing the Nyugati Railway Station gets new green areas, and keeps its function as a meeting spot. The out-of-use stairs will be knocked down. The area called “Nyugati Grund” will also be reconstructed:...

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Apartments at the Danube Are Worth 25 Percent MoreMarch 3rd, 2015

Apartments at the Danube Are Worth 25 Percent More
​The closeness of the river Danube can make nearby apartments cost more.  The reasons for this include the beautiful view, the permanent air movement, the favorable traffic opportunities and the closeness of the city center. The Effect Is Shown in the Northern Side and in the City Center At the river banks apartments cost HUF 50 thousand more per square meter; but getting away from the river this effect quickly decreases. But thanks to the reconstruction projects neat the Danube nearby...

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