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40,000 Hungarian Families Access CSOK Home Purchase Subsidies
Some 40,000 Hungarian families have availed of more than 102 billion forints (EUR 328.7m) in home purchase subsidies since the government launched the CSOK funding platform in the summer of 2015, state secretary Ágnes Hornung said at a conference organised by Portfolio.hu. more »
Proper Valuation Vital On Real Estate Market, Says CBRE
Valuation – whether for bank financing or transaction purposes – is considered vital on the real estate market as it produces the value that will be stated in the books in the long run, and hence will have further implications for the perceived business plan of the valuation addressee, CBRE Hungary stresses in a press release sent to the Budapest Business Journal today. more »
Gardenexpo, Budapest Aréna, 24 – 26 March
"The garden is my soul, the green island of my peace. The garden is the cradle of my mood, swinging, holding and feeding my mind. The garden is my friend who is loving, caring and entertaining my family. For me the garden is not a dream, I just love it in every condition." more »

Chinese & Russians Top List Of Foreign Real Estate Buyers


Chinese & Russians Top List Of Foreign Real Estate Buyers
The government has published statistics showing just how many apartments and houses in Hungary were sold to foreign nationals in 2016, reports index.hu. The data does not contain information on purchase of agricultural lands by foreign nationals, but reveals that Russian and Chinese citizens were the top foreign procurers of Hungarian real estate. more »

No Answers On What Will Become Of HUF 15 Billion State-Owned Riverfront Property


No Answers On What Will Become Of HUF 15 Billion State-Owned Riverfront Property
The Hungarian government is refusing to reveal what it plans to do with a HUF 16.5 billion (USD 57.7 million) Budapest riverfront property it purchased in 2014. Initial government plans would have used the ninth district property as a potential main site for Olympic events in the case of Budapest hosting the 2024 games, but the city’s Olympic application has since been withdrawn. more »

Coming Up: Budapest100: The Waterfront, 22 - 23 April


Coming Up: Budapest100: The Waterfront, 22 - 23 April
This year Budapest100 celebrates the Waterfront. Many public and commercial buildings, as well as apartment buildings, will be open to the public on the April 22-23 weekend. Numerous displays, exhibitions and concerts will be held all along the ten-kilometre stretch of the Danube between Árpád híd and Rákóczi híd. more »



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