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The state is selling the presidential residence on Béla Király út in Budapest’s 12tth District, together with the adjoining land, for Ft 28.3 billion, according to an advertisement published by the state asset manager MNV.
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Two more residential developments eligible for Home Start credit for first-time home buyers are set to be designated "priority" projects, according to a draft decree published by the government, state secretary Miklos Panyi said in a post on Facebook on Monday.
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The number of home transactions in Hungary will have reached 160,000 by the end of the year, Ingatlan.com said in an annual recap.
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Home prices in Hungary rose 18.6pc in November, listings site ingatlan.com said. In the capital, home prices climbed 24.1pc.
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Hungary ranks among the top EU countries for home ownership, with 91.6% of households living in owner-occupied homes in 2024, according to Eurostat, the statistical office of the EU.
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Seventeen of the 20 most expensive streets in the country in 2024 were located in Budapest, according to freshly updated data from the KSH Property Price Register.
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