Good news: you can still get entry to Hungary if you are planning a business travel from the EU, the European Economic Area and many more countries. You only need documents that verify the purpose of your travel. Let us guide you with the latest news and all the necessary steps. UPDATED: 30.07.2021.…
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After the first shock rental market in Budapest shows some activity. Analysing website traffic data of the past few weeks, figures are clearly showing a growing interest in real estate. According to the pure numbers, demand for Budapest apartments for rent returned to the pre-crisis level or even exceeded…
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What to expect and not to expect on the market in the middle of the crisis. First of all, we have to make it clear that the situation is still changing. It is hard to say any well-established opinion about the outcome. However, there are people in the middle of the crises who want to move to…
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The decision of the Hungarian Government may also make your situation easier. The epidemic situation has immediate economic effects globally, which is a challenge for employees, employers and, of course, many property owners. Hungarian Prime Minister Viktor Orban announced a blanket moratorium…
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3753 properties were sold to international buyers in 2019 which is 6% growth compared to the year before. According to the recently published data on kormany.hu (official site of the Hungarian Government) the number of properties purchased by foreigners in Hungary has steadily increased. In 2017…
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The rise in house prices has forced many buyers to fall short of their expectations, especially when they are buying a new property with 27 percent VAT. Therefore, it is no coincidence that many people are interested in smaller flats, which is why we are going to show some information about the…
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From January 1 the accommodation costs have been increased by the Terézváros City Council – the District 6 Municipality informed the MTI (Hungarian Telegraph Office). Under previous regulations, landlords must provide parking spaces for their guests, if they are unable…
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There is a huge problem with the lack of craftsmen in Hungary for anyone who has recently planned painting, electrical installation or tiling their homes. KSH (Central Statistics Office) data illustrate the gravity of the situation: in the second quarter of 2019, two-thirds of the 55,000 jobs, advertised…
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Budapest leads the Global Residential Cities Index with the fastest growing property prices in recent years, according to Knight Frank report. The residential prices show a 24% increase on a yearly basis, as seen in Mansion Global as well. Budapest Recently In the 4th quarter of 2018, the price…
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InterNations has compiled a list of the 2019 worst and best cities for expats called Expat Insider. Budapest finished in the top 10 in the local cost of living category, but also achieved remarkable results in other categories. Since 2017, InterNations has been conducting surveys of how the expats live…
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