• New Home Shortage Expected From 2021

    New Home Shortage Expected From 2021

    • 10 Jul 2018 9:25 AM

    Takarék Mortgage Bank, previously known as FHB Mortgage Bank, expects home prices to continue rising this year, but the pace should decelerate. Meanwhile, the government does not plan to extend the preferential 5% VAT rate for new homes.

    More >>
  • Budapest’s First Skyscraper Granted Permit

    Budapest’s First Skyscraper Granted Permit

    • 29 Jun 2018 9:06 AM

    International office developer GTC Hungary has received the building permit for its new project, The Twist – Budapest City Tower. Rising over 23 floors, The Twist will be one of Budapest’s tallest office skyscrapers with 37,000 square meters of leasable offices.

    More >>
  • Bigger Buildings In Budapest Ahead

    Bigger Buildings In Budapest Ahead

    • 29 Jun 2018 8:28 AM

    Parliament’s legislative committee modified the bill on tall buildings on Thursday, raising the maximum permitted height of office or residential buildings from 65 metres to 90.

    More >>
  • Otthon Sells Priciest Homes In Capitalʼs District 2

    Otthon Sells Priciest Homes In Capitalʼs District 2

    • 27 Jun 2018 11:22 AM

    Not many high-priced homes are sold in Hungary, according to data compiled by residential real estate trading and advisory firm Otthon Centrum (OC). Only about 0.75% of the homes sold through OC in 2018 so far fetched over HUF 100 million, most of them in Budapest.

    More >>