The government is launching a 20 billion forint (EUR 52.6m) scheme to build accommodation for 3,500 labourers. At least half of those places must be assigned to Hungarian employees, Sándor Czomba, the state secretary for employment policy, told public TV broadcaster M1. More >>
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'Millennium City Centre' Development In Budapest Would "Elevate the Capital into the Ranks of Modern Global Cities"
- 5 Dec 2023 6:45 AM
Hungary’s government is in talks with the world’s top property developers on a 5 billion euro project that would transform a 130 hectare area in downtown Budapest into a “millennium city centre”, the minister of construction and transport said.
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Foreigners’ Propensity to Buy Housing in Hungary at Five-Year High
- 4 Dec 2023 7:04 AM
Thanks to the opportunities offered by the northern and eastern border regions and Transdanubia – commuting and old-age resettlement – the interest of foreign home buyers is already higher than before the epidemic, writes Magyar Nemzet.
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Russian Home Buyers Target Hungary
- 24 Nov 2023 8:06 AM
Hungary and Cyprus were the two top countries for Russian residential real estate investors between January and October, according to a survey by real estate agency the NF Group, Russian website RBC reports.
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Hungarian Castle Hotels Honored at the Heritage Hotels of Europe Awards
- 21 Nov 2023 6:48 AM
This year, the winners of the Heritage Hotels of Europe Awards were announced for the fourth time since the organization was founded in 2017, reports Turizmus.com. The ceremony was attended by a number of heritage hotel owners from across Europe.
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Rebuilt Ruin in Buda Castle to Become New Home of Hungarian Military History Museum
- 14 Nov 2023 12:32 PM
The Military History Institute and Museum will be housed in the former armed forces headquarters building on Dísz tér at the main entrance to Buda Castle, the Defence Ministry announced.
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New Orders Down Dramatically: Construction Sector Falls 6% Overall this September in Hungary
- 14 Nov 2023 12:14 PM
Output of Hungary’s construction sector fell by 6.0% year-on-year in September, after edging down 0.1% in the previous month, data released by the Central Statistical Office (KSH) show.
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