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The role of the kitchen has undergone a dramatic shift in recent years. No longer just a functional space for meal prep, it has become the emotional center of the home—a place where high-end design, smart technology, and daily life blend seamlessly. This modern philosophy takes center stage at the 16th Kitchen Show, held from February 27 to March 1 at the Budapest Arena.
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The government’s subsidised 3pc home loans scheme for first time buyers could nearly double the number of home construction projects from their current level by 2026 to 20,000-25,000 new homes, listed real estate broker Duna House said in a press release.
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Home rental rates in Hungary rose 5.0pc year-on-year in January, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show.
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Home prices in Hungary rose 17.5pc year-on-year in January, listings site ingatlan.com said. In Budapest, home prices were 20.4pc higher.
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The government will offer all Hungarian households a 30pc discount on their January heating bills, matching an increase in energy consumption during the month, when temperatures plunged, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.
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OTP’s mortgage unit, OTP Jelzálogbank, projects that more than 9,100 new homes will be completed in Budapest this year, as builders are launching new projects with more confidence amid a favourable market environment.
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