• Huge Demand For Prefab Houses

    Huge Demand For Prefab Houses

    • 23 Feb 2018 9:56 AM

    Demand for prefabricated houses has tripled over the last three years, according to József Kárpáti of the construction company association Évosz.

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  • Appeninn Acquires Andrássy Palace

    Appeninn Acquires Andrássy Palace

    • 13 Feb 2018 10:03 AM

    Real estate property manager Appeninn has purchased a 100% stake in Plaza House, which indirectly owns the “A” category Andrássy Palace office building on Andrássy út, for €7 million.

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  • Buda Hotel To Be Demolished

    Buda Hotel To Be Demolished

    • 9 Feb 2018 11:32 AM

    The empty Hotel Olimpia building in the Buda hills will be demolished and replaced by a park, the 12th District in Budapest has announced.

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  • New Home Prices Up 7.8 Pc In Hungary

    New Home Prices Up 7.8 Pc In Hungary

    • 30 Jan 2018 8:05 AM

    Average new home prices rose by 7.8 percent in the first three quarters of 2017 while the price of resale homes increased by 7.5 percent, according to a summary of data published by the Central Statistical Office (KSH).

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  • Employers Can Provide Tax-Free Support To Employees’ Home Purchases

    Employers Can Provide Tax-Free Support To Employees’ Home Purchases

    • 23 Jan 2018 7:56 AM

    Companies can provide tax-free support of up to 5 million forints (EUR 16,100) to employees’ housing loan repayment, home purchases, construction, expansion, refurbishment or making their home wheelchair-accessible, state secretary for tax affairs András Tállai told MTI. The allowance of up to 83,000 forints a month is also available as part of the cafeteria benefit system, Tállai said.

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