Property Market News from Budapest, HungaryStay up-to-date on the property prices and real estate market trends in Budapest.

Budapest in the Top 20 Conference Locations May 19th, 2014

Budapest got the 17th place on the list of the most popular meeting places of the world. On the top 20 list of the International Congress and Convention Association amongst others Budapest overtook Beijing, Rome or Bangkok. Paris became the most popular city and the United States the most popular country. Finishing 3 places better than in last year, Budapest got the 17th place on the top 20 list of the most popular meeting places of the world of the International Congress and Convention Association...

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Foreign Investors Are More Interested in Hungarian Property May 19th, 2014

Foreign investors are more likely to buy Hungarian property: last year they bought more real estate than in 2011 and 2012. In 2013 1267 transactions were realized; the most investors came from Russia. Budapest properties and amongst them apartments and houses were the most popular, but the investors also bought farms in Hungary. Foreign investors are more and more interested in Hungary: compared to 2011’s 1069 and 2012’s 1110 in 2013 they bought 1267 Hungarian properties. In 2011 1120, in 2012...

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3rd Shift Launches in the Mercedes Factory in Kecskemét May 12th, 2014

The 3rd shift was launched in the Mercedes Factory in Kecskemét at the beginning of May. The number of the employees of the factory now reached 3500; the training of the new workers has already been finished. From now on the factory, which has become one of the most popular employers of the region, is manufacturing cars 24 hours a day. The 3rd shift was launched on the 5th May 2014 in the Hungarian Mercedes-Benz factory in Kecskemét; thus the plant is now manufacturing cars 24 hours a day. The...

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​Property Market Was Very Busy in March May 12th, 2014

More apartments were sold in April 2014 than in the same period of last year; but in March the number of transactions was even higher. This year already 28500 apartments have got a new owner; this number is 11 percent higher than it was in the same period of 2013. At some areas of the country property prices even increased a bit. A high number of transactions were realized at the property market in March 2014. In April a little less apartments found their new owners, but the number is still higher...

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​Would You Move In this HUF 550-Million Apartment? May 12th, 2014

There is a 660 square-meter apartment for sale in the city center, in the 5th district waiting for its new owner – who has to pay HUF 550 million for it. The apartment is in a brick house, with a wonderful view to the Danube. The house and the apartment that occupies its whole 2th floor are both renewed. A premium-category apartment is hidden in the city center, which is currently for sale for HUF 550 million. The apartment is in a renewed brick house located in the 5th district of Budapest, on...

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Transparency is Key - Tower International Meets its’ Clients Frequently April 30th, 2014

Tower has always taken a big emphasis on being transparent with its’ Clients and future partners by meeting them personally near their homes.  The Hungarian experts of Tower International have visited London, Dublin, Belfast, Cork and Galway regularly in the past few years in addition to other cities in different countries in Europe.  Our representatives have held dozens of property seminars and hundreds of private meetings in order to give first hand information on the Budapest property...

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