• New “Ugly” Hotel To Replace Iconic Old Budapest Pub

    New “Ugly” Hotel To Replace Iconic Old Budapest Pub

    • 7 Jan 2021 10:18 AM

    A huge and “ugly” five-storey hotel will be erected at the corner of Király and Kazinczy streets in Budapest’s Seventh District after the site of the former pub of world champion canoer Tamás Wichmann, nearby historic buildings on Király utca and a playground are demolished, city history blog Falanszter learned.

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  • Homes Sales In Hungary Down 12% Last Year

    Homes Sales In Hungary Down 12% Last Year

    • 7 Jan 2021 10:15 AM

    Home sales in Hungary came to 10,354 in December, up 2% from the same month a year earlier but falling 9% from November, real estate broker Duna House said yesterday, according to telex.hu.

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  • Budapest Sees Increase In Vacant Premises

    Budapest Sees Increase In Vacant Premises

    • 30 Dec 2020 9:53 AM

    The number of vacant commercial properties in Budapest increased in the second half of the year, with many permanent closures — mainly restaurants or entertainment venues — due to the pandemic, business daily Világgazdaság said.

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