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Tuesday 19 Sep 2017
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Demolition Of Petőfi Csarnok Begins
Work has begun on demolishing the Petõfi Csarnok concert hall in the City Park ahead of construction of the Museum Quarter, project director Attila Sághi said on Saturday. The arena was Budapest’s first youth entertainment centre when it opened in 1985. It was closed in 2015. more »
Budapest Property Prices Are Skyrocketing
Real estate prices in Budapest are approaching 500 thousand forints/square metres. The difference between most and least expensive towns in the countryside is also increasing, measuring a ninefold price difference in certain areas, index.hu reports. more »
State May Confiscate Lapsed Properties
The government will file a bill granting the state the right to confiscate properties whose ownership records may have lapsed, PMO leader János Lázár announced at his weekly press conference. more »

Kitchen Show, Budapest Aréna, 3 – 5 March


Kitchen Show, Budapest Aréna, 3 – 5 March
At Hungary's 'Kitchen Show 2017' guests may find their 'perfect kitchen' – including kitchen and dining room furniture, appliances, and equipment to enable the joy of cooking. Over 100 exhibitors and day-long cooking shows await visitors at the Sportaréna during the first weekend in March. more »

Significant Increase In Real Estate Prices Along The Budapest M4 Metro Line


Significant Increase In Real Estate Prices Along The Budapest M4 Metro Line
Significant changes have occurred on the real estate market since metro line M4 was completed three years ago. Areas along the metro line that have experienced the biggest price increase are II. János Pál pápa Square and Kálvin Square in Pest and Móricz Zsigmond Square in Buda, tozsdeforum.hu reports on the findings of Otthon Centrum. Between 2013 and 2015, property prices began to increase at every metro station. more »

Hillside Residential Development For 140 Million Euros In Hungary


Hillside Residential Development For 140 Million Euros In Hungary
Futureal Group residential subsidiary Cordia took over the development of the Sasad Resort project from GTC in the exclusive Buda hillside area of the Hungarian capital. Cordia will develop 850 homes in Budapest after buying the plots next to the already completed 3 phases of the project. more »



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