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Market News for Landlords‎

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


You can swim or climb walls as well as attend cultural events soon at the sport centre in the downtown of Budapest. György Skardelli is responsible for the design of the project. The well-known architect has a reputation for designing several important building in the capital; the most famous one…

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Construction fever is on high in Hungary: in 2016 2500 more new properties were sold in Budapest than in 2015. The number of building permits has risen by 2.5 compared to last year. Now home buyers can choose from a greater variety of new built apartments in Budapest. 70 % more new homes Construction…

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Home owners nearby the new subway line have significantly benefited from the development. The biggest winners of the situation were II. János Pál pápa tér (Pope John Paul II Square) and Kálvin square in Pest and Móricz Zsigmond körtér (Zsigmond…

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The Paris-based OECD (Organisation for European Economic Co-operation), which has 35 member nations found Hungary the third best place where nine out of ten person lives in his or her own property. Recent property market trends prove the increase of purchasing intentions.Home…

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Boom of rental prices are coming to a halt in Hungary - according to experts. The details of recent trends in the Hungarian and especially in the Budapest rental market are based on a statistics compiled by local real-estate portal ingatlan.com over a 12 month period. Though the findings are general,…

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According to the data sent directly by Irish tax authority to the National Tax and Customs Administration of Hungary (NAV) the Hungarian vacation National Tax and Customs Administration of Hungary the Hungarian Airbnb-network received a total HUF 6 billion income from Airbnb rentals in 2015, although…

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The New York Times  made a list of 52 Places to Go in 2017. The paper that has won 117 Pulitzer Prizes, more than any other news organization ranked Budapest 50th on its list Now have we made a shorter list out of it. There are thousands of getaways to explore this year. Here are some ideas…

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Christmas trees, glowing lights, gingerbread cookies and Santa Claus are the first images that pop into mind during the holidays. But what about spider nets or a scene carved entirely out of radishes? Here are 7 of the most bizarre Christmas decorations from around the world.Charming Crèches,…

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The CEE property market is fundamentally positive after the UK leaving the EU; probably because the players think Brexit is the problem of the UK and hope that finally it will find its own solution.Possible outcomesAfter Brexit, the free movement of labour, access to resources and the application of…

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The economic effects of the United Kingdom voting itself out of the EU is covered by various forms of the media for this reason it is difficult to answer the questions about the Brexit. The European property market is not that pessimistic over Great Britain’s exit the European Union.Consequences…

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Budapest is a beautiful city and one of the best place to invest in Europe.Now you can experience Budapest best investment properties in London without travelling there thanks to VR Apartment Browsing.    Just pop-in at Tower International’s stand (#450) at the Property Investor and…

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There is a period in each year when herds of students flood the Hungarian real estate market, in particular the rental market.  Are they in a simple situation? Unfortunately, no way!Finding a rental is toughSeveral students’ fate was decided by the announcement of the entrance exam results…

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Compared to Western European countries much fewer people rent an apartment or a house in Hungary. Nevertheless, the rental sector is an important part of the property market here. The Hungarian rental market, mainly the capital, has recovered from the crises and both the number of…

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Is it worth buying a flat instead of renting one? - A constant question arises in the minds of the financially savvy in the real estate market.  It is even more difficult to decide if it is about our grown up kid’s housing in his or her university or college town. Here are some of the main…

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More and more newly built flats are appearing on the market, in parallel to that the difference between the average prices per m2 of newly built and previously owned flats is decreasing, which leads to the closing of the gap between the two types – as included in ingatlan.com’s recent report,…

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In the first part of the article, we reported on the fluctuation of housing prices in the past 15 years, and in continuation, you can read about what exactly affect these prices, if the rises can be stopped in Hungary, and why and how current demands can be continued.     What determines the…

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Real estate prices have risen by a brutal amount in 2015, up to 17%, but the price rise isn’t nearly as outstanding if we take into account the growth in previous years.         During the turn of the millennium, prices doubled in three years’ time, while in the early…

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At certain agencies, selling more properties to foreigners than to Hungarians in a month was not at all uncommon. All in all, it can be useful to check who exactly comprise the group of foreign buyers, where do they come from, and what kind of real estate do they primarily look for in the Hungarian…

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Somewhat of a stop has halted the momentum of the current year, but according to Duna House’s data, the movements on the real estate market can still be considered strong. The numbers of May 2016, indicating 11590 transactions, are 3% lower than that of 2015, but 40% higher than two years before,…

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These popular articles will give you a clearer idea about the requirements that a reputable management company has to meet. If you experience problems with your current property services firm, reading the following articles is a must.     How can I find the right property manager? - Avoid…

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Participants of the Hungarian housing market have an unequivocal, careful optimism, but due to the newly increased activity of investors, a new group also appeared who are afraid of a formation of another housing bubble.   While it is still unclear if these concerns are actually legitimate, one…

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To be successful in any aspect of the rental market, it's important to look ahead and have a good idea of the kinds of changes might occur so that you can be prepared. The market can change in the future; instead of individually let homes, organized Airbn rentals can play a…

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Answering the huge interest in the Hungarian property market Portfolio organized an expo on 6-8 May, 2016. Developers across the city had the opportunity to showcase their properties to those willing to buy residential properties. It has been the second event of the company this year. The 3-day…

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How can you recognize that you need a new apartment manager in Budapest?   Seamus purchased an apartment in Budapest. During the first few years everything was fine: it was rented, he was satisfied with the income. Later on the communication became slower with the property manager, he had to beg…

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May 20th, Friday is the deadline for the submission of  2015 annual personal income tax return in Hungary.   Do I have to pay tax in Hungary?   Personal income tax has to be paid after your income of letting your Budapest property.   Hungary has a signed agreement with 82 countries in…

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