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Monday 19 Feb 2018
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Landlords Make A Return
Whereas a large majority of Hungarians still aspire to buy their own housing, more people who are moving to where there’s a job are opting to rent, the daily Népszava said. more »
Real Estate Market Set To Grow Further This Year
Property prices will continue to grow in Hungary this year, but at a slower pace, according to real estate site ingatlan.com. Meanwhile, the government has indicated that a preferential VAT rate for home construction is not likely to be adopted before summer this year. more »
Construction Output Climbs More Than Expected In October
Output of Hungary’s construction sector rose by an annual 38.1 percent in October, the Central Statistical Office (KSH) said on Friday. Output of the building segment grew by 27.3 percent during the period. more »

Economy Ministry: Tax Regulations Eased On Renting Out Homes In 2018


Economy Ministry: Tax Regulations Eased On Renting Out Homes In 2018
Long-term lets will be exempt from health contribution payments, and simplified tax payment on short-term lets can be used on three homes instead of one from next year, the economy ministry said. more »

Central Buda Popular Among Office Tenants


Central Buda Popular Among Office Tenants
The office building vacancy rate has been continuously diminishing in the Central Buda area of the capital, reaching 4.6%, the lowest ever recorded vacancy rate in the market segment of class A and B offices, a recent study shows, according to a press release sent to the Budapest Business Journal. more »

MNB Foundations To Build Flats, Offices And Shops In Massive Project In Váci Út


MNB Foundations To Build Flats, Offices And Shops In Massive Project In Váci Út
Optima Zrt., a company that used to manage the assets of the National Bank of Hungary’s controversially-created and endowed foundations, will build offices and apartments in Budapest’s XIII District, reports 24.hu. more »



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