• Home
• Channel: Property
• Over HUF 523 Billion of Home Renovation Subsidies Handed Out in Hungary

Over HUF 523 Billion of Home Renovation Subsidies Handed Out in Hungary

• 27 Jan 2023 9:53 AM
• Hungary Matters

The government has awarded over 523 billion forints in home renovation subsidies to 250,000 families in the framework of a two-year programme that concluded in December, the state treasury said, noting that over 100,000 applications for the subsidies arrived in December and said processing the last-minute rush would require more time.

The government offered to cover up to half of home renovation costs, with a grant capped at 3 million forints for families with at least one child.

Families could take out a subsidised loan to cover the other half of project costs.

The average subsidy awarded in the framework of the scheme was 2 million.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Home Renovation

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Iconic Art Nouveau Hotel Reborn in Pécs

• 23 Feb 2026 7:14 AM

The iconic Art Nouveau-style Palatinus Grand Hotel in downtown Pécs reopened late last year after an extensive renovation that began in 2020, Portfolio writes.



The Heart of the Home: Kitchen Show, 27 Feb - 1 March

• 18 Feb 2026 5:21 PM

The role of the kitchen has undergone a dramatic shift in recent years. No longer just a functional space for meal prep, it has become the emotional center of the home—a place where high-end design, smart technology, and daily life blend seamlessly. This modern philosophy takes center stage at the 16th Kitchen Show, held from February 27 to March 1 at the Budapest Arena.



Over 40,000 Applications Submitted for Village Home Renovation Subsidies in Hungary

• 7 Jan 2026 11:15 AM

More than 40,000 applications have been submitted for subsidies in a scheme supporting home renovations in villages, the spokesman for the National Economy Ministry said in a post on Facebook.



Major Renovation Planned for Gödöllő Royal Palace in Hungary

• 4 Nov 2025 2:28 PM

Hungary’s iconic Royal Palace of Gödöllő — once home to Queen Elisabeth (“Sisi”) — is set for a comprehensive modernisation. A large-scale renovation project will restore the entire complex, enhance sustainability, and expand its visitor facilities over the next nine years.