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In Hungary, this style takes the name of Secession (Szecesszió), as it’s a result of a strong need of independence and a way to express the national identity of Hungarians, within the Empire dominated by the Habsburg.
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Czech-based Europa Investment Property (EIP) is planning to build a 300-room hotel in Budapest’s 10th District on Hungária körút, according to reports.
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Budapest City Hall has announced it will not allocate any funds for the completion of a Biodome at the Budapest Zoo and Botanical Garden, Népszava reported on Thursday.
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Real estate holdings group Duna House expects a drop in turnover but a 3-7% overall increase in the residential property market next year, with a sales forecast of 130,000-150,000 in 2020, says gazdasagportal.hu.
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Output of Hungary’s construction sector climbed 20.5% year-on-year in October, unadjusted data released by the Central Statistical Office (KSH) show.
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New commercial accommodations opening in Budapest’s Sixth District including Airbnb units, will have to pay a one-off fee of Ft 2.8-5.6 million from January 1, the district council decided on Thursday.
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