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Napi.hu, 30 April 2019 – Although the annual rate of increase of apartment prices has fallen, there is still a significant hike exceeding 20 per cent in Budapest, according to the latest survey published by the National Bank of Hungary. In Budapest, the Q4 2018 the annual acceleration rate of prices was slightly slower but […]

napi.hu, 29 January 2019 – As a result of last years’ price increases we need to work years more for an apartment, assuming we save up our entire salary. According to the calculations of a large real estate agency the price of an average apartment in a high-rise concrete block equals 8.5 years’ salary, while […]

napi.hu, 31. January 2019 – A recent study showed that for the price of an apartment in an old-school condominium apartment or in a popular housing estate you can easily buy a detached house in the suburbs. Apart from the price the lush, green environment and the lower coverage of built-up areas have a strong […]

napi.hu, 27 December 2018 – In 2018 apartments in high-rise concrete blocks in Buda and in the Budapest conurbation sold fastest, within six weeks on average. Turnover increased by 13 per cent in the Budapest conurbation. Owners of apartments in high-rise concrete blocks in small towns had to wait for a buyer the longest, three […]

napi.hu, 18. November 2018 – Property sales are subject to personal income tax, unless you bought that property before 2013. Sales tax is payable if the property is sold at a higher price than it was bought. If the seller of the property or of an intangible asset (e.g. a usufruct) is a private person, […]