The pandemic’s impact on the luxury real estate market
2020 August 05Barnes Hungary
The pandemic’s impact on the luxury real estate market

Zoltán Hamza, the managing director of BARNES Hungary discussed with the journalist of Roadster Magazine about the pandemic’s impact on the luxury real estate market.

Stagnant prices, growing demand
Barnes Hungary2020 April 11
Stagnant prices, growing demand

This January the real estate market is finally back in the saddle after the uncertainties at the end of 2019. The numbers regarding purchasing intention have been increased by 70% compared to December.

Moderate changes in the Hungarian real estate market
Barnes Hungary2020 April 08
Moderate changes in the Hungarian real estate market

After seven years of constant price growth, real estate market seems to finally slow down. However, pay raises can cause the rise to start again after a few years of stagnancy. What to expect this year?

Supply grows and bargaining power of buyers continues to increase
Barnes Hungary2020 March 24
Supply grows and bargaining power of buyers continues to increase

There are fewer buyers, but so far this year, there has been a week in which supply increased by 8-17 percent compared to the same period last year.

Uncertainty ensues in the Hungarian real estate market
Barnes Hungary2020 March 03
Uncertainty ensues in the Hungarian real estate market

The Hungarian real estate’s future is a controversial topic. Some say a collapse is on the horizon, others foresee even higher prices. But what’s the truth?

Hungary’s property registration system will be renewed
Barnes Hungary2020 January 07
Hungary’s property registration system will be renewed

This is still a long and complicated procedure, but after a few years the real estate ownership right will be recorded immediately.

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.