24 result(s) for magyar nemzet in Property
No Answers On What Will Become Of HUF 15 Billion State-Owned Riverfront Property
- 22 Mar 2017 9:00 AM
- property
The Hungarian government is refusing to reveal what it plans to do with a HUF 16.5 billion (USD 57.7 million) Budapest riverfront property it purchased in 2014. Initial government plans would have used the ninth district property as a potential main site for Olympic events in the case of Budapest hosting the 2024 games, but the city’s Olympic application has since been withdrawn.
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
Non-EU Nationals Buy Almost 50 % More Properties
- 5 May 2016 6:00 AM
- property
Foreign nationals from countries outside of the European Union bought 2,708 pieces of real estate in Hungary last year, up almost 50 percent from 2014, daily Magyar Nemzet said on Thursday, citing data compiled by the Prime Minister’s Office.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Refurbishment Of Gül Baba Shrine Budapest Starts
- 5 Aug 2015 4:06 AM
- property
The turbeh of Gül Baba, one of the westernmost holy shrines of Muslims, is closed for archaeological excavation until late September, daily Magyar Nemzet said. The works are part of a complete refurbishment of the octagonal tomb, located close to the Danube on the Buda side of Hungary’s capital city, archaeologist Adrienn Papp of the Budapest History Museum said. Gül Baba (The Father of Roses) ...
Russians Top Foreign Buyers Of Hungarian Real Estate
- 28 Apr 2015 9:00 AM
- property
Russians and Chinese are the top non- EU buyers of Hungarian real estate, mainly showing interest in dwelling residences, daily Magyar Nemzet said, citing data from the 2014 national statistics gathering program (OSAP). Last year 1,815 non-farm real estate properties were sold to foreigners.
Foreigners Seek New Hungarian Customers For Pocket Contract Land
- 25 Jun 2014 9:00 AM
- property
Many foreigners are looking to sell the plots they acquired mostly in western Hungary under bogus contracts, daily Magyar Nemzet said, citing a farm ministry state secretary. István Nagy told the paper that many Austrian and Hungarian business partners are seeking to sell their land they had bought “through speculative means” to a third, possibly Hungarian, partner.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
No Answers On What Will Become Of HUF 15 Billion State-Owned Riverfront Property
- 22 Mar 2017 9:00 AM
- property
The Hungarian government is refusing to reveal what it plans to do with a HUF 16.5 billion (USD 57.7 million) Budapest riverfront property it purchased in 2014. Initial government plans would have used the ninth district property as a potential main site for Olympic events in the case of Budapest hosting the 2024 games, but the city’s Olympic application has since been withdrawn.
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
Non-EU Nationals Buy Almost 50 % More Properties
- 5 May 2016 6:00 AM
- property
Foreign nationals from countries outside of the European Union bought 2,708 pieces of real estate in Hungary last year, up almost 50 percent from 2014, daily Magyar Nemzet said on Thursday, citing data compiled by the Prime Minister’s Office.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Refurbishment Of Gül Baba Shrine Budapest Starts
- 5 Aug 2015 4:06 AM
- property
The turbeh of Gül Baba, one of the westernmost holy shrines of Muslims, is closed for archaeological excavation until late September, daily Magyar Nemzet said. The works are part of a complete refurbishment of the octagonal tomb, located close to the Danube on the Buda side of Hungary’s capital city, archaeologist Adrienn Papp of the Budapest History Museum said. Gül Baba (The Father of Roses) ...
Russians Top Foreign Buyers Of Hungarian Real Estate
- 28 Apr 2015 9:00 AM
- property
Russians and Chinese are the top non- EU buyers of Hungarian real estate, mainly showing interest in dwelling residences, daily Magyar Nemzet said, citing data from the 2014 national statistics gathering program (OSAP). Last year 1,815 non-farm real estate properties were sold to foreigners.
Foreigners Seek New Hungarian Customers For Pocket Contract Land
- 25 Jun 2014 9:00 AM
- property
Many foreigners are looking to sell the plots they acquired mostly in western Hungary under bogus contracts, daily Magyar Nemzet said, citing a farm ministry state secretary. István Nagy told the paper that many Austrian and Hungarian business partners are seeking to sell their land they had bought “through speculative means” to a third, possibly Hungarian, partner.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.