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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
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
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 »

Synagogue Designated For European Heritage Title


Synagogue Designated For European Heritage Title
The synagogue on Dohány utca is listed among nine other locations designated to receive a European Heritage title, the PMO told the state news agency on Tuesday. Hungary would now have three locations, including the PanEuropean Picnic Memorial Park and the Academy of Music on the list comprised of emblematic sites. more »

Futureal’s Corvin 5 Becomes The First WELL Pre-Certified Building In Hungary


Futureal’s Corvin 5 Becomes The First WELL Pre-Certified Building In Hungary
The first phase of Futureal’s Corvin 5 office complex is the first building in Hungary and the second in Europe to receive the international WELL Building Platinum pre-certification. The office building valued at EUR 90 million and equipped with the latest environmentally friendly technologies is expected to be handed over by the end of 2018 in Budapest. more »

Opera House Closed For Restoration


Opera House Closed For Restoration
The Hungarian State Opera’s 2017/18 season will get off to an unusual start, since the Opera House will not be opening its doors in September. The modernisation means that the season will start at the Erkel Theatre, and while there will be fewer programmes than usual, their diversity will match that of previous years. The Opera Visit, the Opera Shop and the Opera Café at the Opera House are still open to the public. more »



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