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Located at the meeting point of Districts VIII., IX. and X., Népliget is becoming the new business district of Budapest and still has a good deal of development potential, according to portfolio.hu. More >>
The 13th District in Budapest has invited bids for the construction of a 35-home “passive house” – one which requires minimal energy for heating and cooling – at Jász utca 35, according to the EU public tender website.
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After completing its initial trial period, the five-star luxury hotel Mystery Hotel Budapest has opened its doors to visitors in the capital, as reported by turizmus.com.
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The Municipality of District 1 has decided to waive its pre-emption right and offer a HUF 370 million piece of real estate for sale, with István Tiborcz, son-in-law of Prime Minister Viktor Orbán, reportedly set to buy it, according to news portal 24.hu.
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In todayʼs booming property market, homes with a price tag in the HUF 100-200 million range are in high demand, both in Budapest and in the surrounding agglomeration, according to a press release from GDN Real Estate Network.
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New plans reveal that the building complex near Vörösmarty Square is soon to be renovated. The location will be turned into a luxury hotel.
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A pro-government columnist comments on the exceptional expansion of the construction sector, and praises the government for boosting the economy.
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