News

The 4-6 Tram Line Will be Renovated

June 12th, 2019
BKV Zrt. renews the world famous, always busy tram line in the summer, near Széna tér and Margit utca, Práter utca and Goldmann György tér, during the summer, according to the BKK (...

Important Change in Hungarian Property Taxation from 2019

January 7th, 2019
With regard to the rules that will come into effect in January 2019, many may wonder whether they do not need or should not continue to bill the utility costs of an individual lease? Does the landlord keep the decision...

Selling Your Property in Budapest? All About Taxation

November 27th, 2018
If the owner wants to sell his property he can count on some costs that are handy to know at the beginning. It is especially important for those who would later like to buy new real estate from the amount they are...

Mild Decrease in Apartment Prices?

March 20th, 2018
In February this year, one could rent a flat in Budapest at an average price of 140,000 forints, which is a little more than how much one must pay for an apartment in the countryside. In August last year was the peak in...

Astonishingly Many Flats Builds for Sale in Budapest

March 20th, 2018
The last time when more home building permits were issued than last year was in 2005. In 2017, around 14.6 thousand new properties were given a green light, an annual increase of 56 percent. The number of usage licenses...

Hungary and Ireland Reject EU Tax Harmonization Moves

February 15th, 2018
The leaders of Hungary and Ireland reject the ambition of harmonizing corporate and other tax regulations across the EU, because they believe that such a move would violate the competition in single market. "We,...

Apartment is Still a Good Investment - But it Does Matter How We Choose It

February 12th, 2018
Whether you buy it for yourself or for investing, location must be your top criteria. Though, if you are looking for an apartment for investment, you should consider even more - we give you some tips on how to choose....

Will Newly Built Homes Change the Apartment Market

January 29th, 2018
The prices of the apartment market have been increasing steadily over the past five to six years. By now, however, it seems to reach its peak, and perhaps the prices stop rising. However, a new phenomenon can be...

Misbelieves of Switching Property Management Companies

December 13th, 2017
There are several misbelieves circulating on the housing market, that are indeed false believes. Either your current property manager tries to pull you back from the truth, or you just don’t know what is true and...

5 Things You Didn’t Know About Irish-Hungarian Business Circle

November 20th, 2017
Beeing an expat is never easy. Finding new connections requires a good deal of effort. Meet the conformity with different cultures is hard. Connect your business with companies abroad can cause a lot of headache. Unless...

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