Home Building Permit Issues Up 15% in Hungary
- 6 May 2022 6:33 AM
The number of home building permits issued in Hungary rose by an annual 15.2% to 8,001 in the first quarter, the Central Statistical Office (KSH) said on Thursday.
More >>-
-
President Áder Villa in Budapest Renovated for HUF 900 Million
- 4 May 2022 9:17 AM
The 12th District residence to be given to outgoing President János Áder for lifelong use after May 9 has been renovated and ex-panded at a cost of nearly Ft 1 billion, the website Átlátszó reports.
More >> -
Borrowers Face Dire Impact of Rising Loan Rates in Hungary
- 25 Apr 2022 11:49 AM
Hungarian mortgage rates have surged in recent months due to rising inflation and the MNB’s subsequent monetary tightening, which means that the size of loans that borrowers can take out under the MNB debt cap rules has declined significantly in one year, Portfolio writes in an analysis.
More >> -
New International High-School Coming to Buda
- 22 Apr 2022 2:15 PM
A plan to build an international school in place of the former National Institute of Psychiatry and Neurology in Budapest has been declared a national economic priority investment by a government decree.
More >> -
Cheaper Real Estate Drying Up in Hungary
- 22 Apr 2022 2:03 PM
Some 16% of residential properties offered for sale nationwide were under HUF 25 million in mid-April this year, compared to 26% last year, according to profitline.hu.
More >> -
Rising Interest Rates Curb Demand for Homes in Hungary
- 15 Apr 2022 5:41 PM
Demand for homes in Hungary has "fallen significantly," mainly because of the increased cost of taking out a mortgage as interest rates rise amid climbing inflation, according to an analysis by listings site ingatlan.com.
More >>
property CHANNEL SPONSOR
LATEST NEWS IN property