Hungary’s housing market boom continues
Barnes Hungary2020 January 02
Hungary’s housing market boom continues

Here is the end of the 5% new residential property VAT. The question is how the change will affect the Hungarian housing market?

Hungarian real estate market has come to a turning point
Barnes Hungary2019 December 22
Hungarian real estate market has come to a turning point

The change is only noticeable in the decrease of traffic so far. Real estate prices kept increasing through 2019 by a two-digit number, similar to the previous years.

Renovated is the new… well, new.
Barnes Hungary2019 December 12
Renovated is the new… well, new.

Outstandingly renovated properties aren’t just more beautiful than ever, they worth more as well. They are perfect for investments.

Strong rise in newly built apartment prices
Barnes Hungary2019 December 03
Strong rise in newly built apartment prices

There are numerous reasons behind the high apartment prices, included the return of 27% VAT, the dramatic labor shortage and the Energy Efficiency Directive.

Budapest’s rising property prices might come to a halt
Barnes Hungary2019 November 28
Budapest’s rising property prices might come to a halt

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.

New apartments for the price of 1 million/sqm?
Barnes Hungary2019 November 06
New apartments for the price of 1 million/sqm?

The average price/sqm is 885 thousands HUF in Budapest. It seems that the prices are stepping over the 1 Million HUF/sqm limit

Huge investments are reshaping the capital
Barnes Hungary2019 November 03
Huge investments are reshaping the capital

Hotels, shopping malls, housing estates, office buildings, warehouses. Huge building developments in progress across the whole Budapest.