252 result(s) for app in Property
Budapest District Plans “Kitsch Tax” On Homes
- 30 Jan 2016 8:00 AM
- property
The local council of Óbuda, Budapest’s Third District, approved a “kitsch tax” on newly built homes at its meeting on Thursday. The tax is the local government’s instrument for enforcing its architectural rules after the entry into force on January 1 of a new law that waives official approval for the construction of homes up to 300m2, Népszabadság observes.
Hungarian Govt To Issue New Decrees On Home Subsidies In February
- 22 Jan 2016 8:00 AM
- property
The government will issue two new decrees on Feb. 3 detailing the regulations of the new home purchase subsidy programme, the government office chief said at a regular press briefing. János Lázár said one of the decrees will rule on the purchase of existing homes while the other will cover subsidies for new-builds.
CTP Enters Hungarian Real Estate Market
- 7 Jan 2016 8:00 AM
- property
Commercial property developer and manager CTP, has recently entered the Hungary market through the purchase of a portfolio of industrial properterties completed at the beginning of this year, the company announced on its website. Through this acquisition, CTP has increased its total rentable area in Central Europe to over 3,250,000 sqm.
Xpat Opinion: Housing Subsidy Scheme Kicks Off
- 6 Jan 2016 8:00 AM
- property
Two conservative economists welcome the government’s plan to reverse unfavourable demographic trends through a lavish home subsidy scheme. A left-wing analyst thinks that the government’s proposal will be available only for middle class families and will thus entrench inequality.
Huge Innovation In The Budapest Zoo
- 3 Jan 2016 7:00 AM
- property
The Budapest Zoo constructs a two-acre building in the area until 2018. The bio dome will be larger than 17 thousand sq m, which is unique in the world. The total floor of the Pest bio dome will be around two hectares, all levels considered. There will be a three-storey aquarium, and an additional nearly thousand sq m underground, propeller.hu wrote.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Juhász Offers To Buy Budapest Council Property
- 26 Nov 2015 8:00 AM
- property
Fifth District councillor Péter Juhász has made an offer of Ft 139 million to buy a property on Deák tér which the local council plans to sell to a law firm with which it often does business for Ft 79 million. The Together politician has raised the money on Facebook. Juhász hopes to prove that the council will be guilty of misuse of funds if it goes ahead with plans to sell the property at half ...
Budapest District Plans “Kitsch Tax” On Homes
- 30 Jan 2016 8:00 AM
- property
The local council of Óbuda, Budapest’s Third District, approved a “kitsch tax” on newly built homes at its meeting on Thursday. The tax is the local government’s instrument for enforcing its architectural rules after the entry into force on January 1 of a new law that waives official approval for the construction of homes up to 300m2, Népszabadság observes.
Hungarian Govt To Issue New Decrees On Home Subsidies In February
- 22 Jan 2016 8:00 AM
- property
The government will issue two new decrees on Feb. 3 detailing the regulations of the new home purchase subsidy programme, the government office chief said at a regular press briefing. János Lázár said one of the decrees will rule on the purchase of existing homes while the other will cover subsidies for new-builds.
CTP Enters Hungarian Real Estate Market
- 7 Jan 2016 8:00 AM
- property
Commercial property developer and manager CTP, has recently entered the Hungary market through the purchase of a portfolio of industrial properterties completed at the beginning of this year, the company announced on its website. Through this acquisition, CTP has increased its total rentable area in Central Europe to over 3,250,000 sqm.
Xpat Opinion: Housing Subsidy Scheme Kicks Off
- 6 Jan 2016 8:00 AM
- property
Two conservative economists welcome the government’s plan to reverse unfavourable demographic trends through a lavish home subsidy scheme. A left-wing analyst thinks that the government’s proposal will be available only for middle class families and will thus entrench inequality.
Huge Innovation In The Budapest Zoo
- 3 Jan 2016 7:00 AM
- property
The Budapest Zoo constructs a two-acre building in the area until 2018. The bio dome will be larger than 17 thousand sq m, which is unique in the world. The total floor of the Pest bio dome will be around two hectares, all levels considered. There will be a three-storey aquarium, and an additional nearly thousand sq m underground, propeller.hu wrote.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Juhász Offers To Buy Budapest Council Property
- 26 Nov 2015 8:00 AM
- property
Fifth District councillor Péter Juhász has made an offer of Ft 139 million to buy a property on Deák tér which the local council plans to sell to a law firm with which it often does business for Ft 79 million. The Together politician has raised the money on Facebook. Juhász hopes to prove that the council will be guilty of misuse of funds if it goes ahead with plans to sell the property at half ...