There are numerous reasons behind the high apartment prices, included the return of 27% VAT, the dramatic labor shortage and the Energy Efficiency Directive.
According to the latest, quarterly survey of GKI Economic Research Co., property prices might stop rising after a long time, and there won’t be a significant increase in the next 12 months. However, the office market is still going strong.
2019’s CEE Property Forum conference was held in Vienna. Representatives of student housing gave us some interesting speeches about this field, and its prosperous future in the region.
Increasing market share, rising number of nights spent, thousands of reservable accommodations – Airbnb in Budapest lives its golden age.
The average price/sqm is 885 thousands HUF in Budapest. It seems that the prices are stepping over the 1 Million HUF/sqm limit
Hotels, shopping malls, housing estates, office buildings, warehouses. Huge building developments in progress across the whole Budapest.
Hovering building, smart-paint, 16,000 plants on 15,000 sqm. The new campus of Moholy-Nagy University of Art and Design Budapest (MOME) is finally ready.
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