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Effective January 1 this year, property purchasers can claim property transfer tax relief on a replacement purchase if they sold their previous home within five years before the acquisition or within one year after it.
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Home rental rates in Hungary rose 5.4pc year-on-year in December, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show.
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Local authorities began inspections after a ban on short-term rentals came into force on January 1 in Budapest’s Sixth District, the local council announced on Facebook.
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More than 40,000 applications have been submitted for subsidies in a scheme supporting home renovations in villages, the spokesman for the National Economy Ministry said in a post on Facebook.
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Weather forecasts predict significant snowfall across the country in the coming days. Keeping sidewalks clear isn't just polite — it's a legal requirement. Slippery public spaces increase accident risks, so everyone needs to know their responsibilities.
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The state is selling the presidential residence on Béla Király út in Budapest’s 12tth District, together with the adjoining land, for Ft 28.3 billion, according to an advertisement published by the state asset manager MNV.
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