News

Many experts of the local real estate market spoke their opinion regarding the future of real estate market in Hungary and Budapest, some expect price decrease and others expect even more growth on prices for real estate.  Important part of last news about this subject was that those who predicted, not always marked the fact that between newly built properties and old ones there is a big difference...

Based on the latest measurements of the Budapest’s Real Estate market report, we have already discussed about average prices of newly built flats in Budapest and the extend to which developers shook available flats on the basis of 3 month. It is clear that there was significant price increase in the market of newly built flats in Budapest: in just 3 months, prices grew for 9,2%, exceeding average price...

Rental fees continued to grow in February in Budapest, the war in Ukraine affected the demand side only, by increasing it significantly. Based on research of Rentingo, in the capital the average amount of rental fee was 162.000 HUF/apartment in February, which is similar to the prices from late spring of 2020. Starting from end of February, there was seen more and more refugees looking for apartments in...

A few month ago, we reported a selling price of 1,1 million HUF/m2 in the newly built apartment market in Budapest, but now this average price has already risen to 1,2 million HUF/m2, according to the latest survey of Eltinga’s Budapest real estate market report. The average price level of the newly built apartment continued to rise, and the average price of newly built apartment in Budapest was more...

France, Italy and also Hungary have long-term plans for the modernization of old buildings, and the goal in Hungary is to achieve a 90% percentage of buildings with near-zero energy demand by 2050.  However, a lot of domestic buildings will need to be completely renovated in the next years.  Based on European and national policies and targets for the energy efficiency of buildings, the...

There is still a mixed picture in the rental market based on current offers - it turns out after the last market analysis from ingatlan.com, which, in turn, repeats the last indicator of the joint analysis of KSH-ingatlan for March 2021, as well as based on more than 40,000 current advertisement at the end of April. Main findings: there is a vague picture of rental prices on the market: in March...