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News and articles for your information about the real estate market in Hungary.


The Gemini Man, in which Will Smith is fighting against his own clone, is being filmed partly in the streets of Budapest. The movie is directed by Ang Lee, whose name can be connected to the movies Life of Pi and Brokeback Mountain. In his new film, Will Smith will play a double role as the assassin…

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Housing prices continued to rise, as showed in KSH’s (Hungarian Central Statistical Office) 2018 fourth quarterly data. Used apartments were 9.5 percent, while new homes were 3.6 percent more expensive in 2018, than during the same period the year before. In addition to rising prices, the…

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At the gala press, the renovated stations of the northern section of Metro 3 were presented. For a week, once again, the metro was running on the entire line, but from 6th April that changed, since renovations on the south side has started. István Tarlós said that the past 17 months…

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Blaha Lujza tér is one of Budapest's busiest, most significant intellectual heritage areas, and is now receiving a new look, according to the announcement of the Főváros Főpolgármesteri Hivatal (Mayor's Office of Budapest). The works could be starting in autumn. With the support…

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In previous years, London and Berlin were the destination for European entrepreneurs, but this has been taken over by Budapest, the capital of Hungary, according to Forbes. According to Startups.co.uk, out of eighty European cities, Budapest is the best place to start a business. In the city, support…

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A total of 3529 properties were purchased by non-EU citizens in 2018. The Chinese have bought 1610, Israeli citizens bought 331 properties in Hungary according to the 2018 data. Compared to last year, the number of Hungarian properties purchased by non-EU citizen shows a significant increase, which…

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The Municipality of the City Center pays special attention in making the public areas more livable, as part of this the reconstruction works of Vörösmarty Square and Podmaniczky Square began on January 7, 2019 with the investment of district V. and the support of the Government and the Municipality…

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New report reflects the amazing residential property price growth in the Hungarian capital. Budapest shows the highest 12-month residential property price growth in Europe, while ranking behind only Xiʼan (China) and Ahmedabad (India) among 150 cities on the world stage – writes the Budapest Business…

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Between August and October, the unemployment rate in Hungary was 3.7 percent, a record low level. The Hungarian economy has reached full employment, which is at its peak. Structural improvement is needed to improve, for example, to establish partial and remote work. Between August and the end of October,…

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The film lovers who watched Denis Villeneuve's nearly three-hour long Blade Runner 2049 movie could see some brilliant cinematic effects, and some spectacular scenery in the background as well. This is because of Evita and Tinker Tailor Soldier Spy, Inferno and Netflix Spectral, many of the director's…

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