• Real Estate Market Activity Strong In May

    Real Estate Market Activity Strong In May

    17 Jun 2021

    Estimates by real estate broker Duna House show the strongest May real estate market activity in years, with a 5% increase in sales compared to 2019 and a nearly 70% increase compared to last year's low point caused by the first wave of COVID. More >>

  • UNESCO Objects to Lake Fertő Developments

    UNESCO Objects to Lake Fertő Developments

    • 7 Jun 2021 9:56 AM

    A state hotel construction project at Lake Fertő on the Austrian border may damage the integrity of the World Heritage Site, and its classification as of Outstanding Universal Value may be lost, UNESCO has warned.

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  • Budapest Buys Back Historic Rác Baths

    Budapest Buys Back Historic Rác Baths

    • 1 Jun 2021 10:18 AM

    Budapest metropolitan council’s spas company has made a successful bid to repurchase properties housing the city’s historic Rác Baths, the council said.

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  • Right To Buy Flats Linked To Five-Year Tenancy

    Right To Buy Flats Linked To Five-Year Tenancy

    • 31 May 2021 12:02 PM

    Only tenants who have been living for at least five years in flats owned by the local council will be eligible to buy the property for as little as 15% of market value, Fidesz MP László Böröcz told RTL Híradó last week.

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