• 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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  • New Home Prices Growing Steadily In Hungary

    New Home Prices Growing Steadily In Hungary

    • 22 Jan 2018 5:20 AM

    Residential real estate prices continued to grow in the third quarter of 2017, both compared to the previous quarter and year-on-year. Prices rose not only in Budapest, but in other cities too.

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  • Budapest Flat Rental Price Growth Stagnates In January

    Budapest Flat Rental Price Growth Stagnates In January

    • 22 Jan 2018 5:00 AM

    According to data compiled by property listing site ingatlan.com, flats for rent in Budapest under HUF 100,000 per month are significantly fewer than 5-6 years ago. Currently more than half of flats offered for rent cost between HUF 100,000 and HUF 150,000, business daily Világgazdaság reports.

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  • More Hungarians Move Towards Renting Homes

    More Hungarians Move Towards Renting Homes

    • 10 Jan 2018 7:58 AM

    Hungarians are increasingly choosing to rent their homes rather than buy them. This is leading to changes on the real estate market as investors buy more homes to let out, according to a report on online news portal nepszava.hu.

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  • Landlords Make A Return

    Landlords Make A Return

    • 10 Jan 2018 7:56 AM

    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.

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