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Árpád road 142.

4th district, Budapest
Condominum of 76 units

Vörösmarty Garden

7th district, Budapest
Condominium of 68 units

Erkel House

8th district, Budapest
Condominium of 272 units


11th district, Budapest
Condominium of 63 units

White Castle

11th district, Budapest
Condominium of 110 units


13th district, Budapest
Condominium of 362 units

News of economy and real estate market

The government is giving Ft 1 billion this year and a further Ft 700 million next year to Jewish communities for property development projects, according to the official gazette Magyar Közlöny.
Hungary’s construction sector output fell by an annual 14.4 percent in November 2016, now falling for the eleventh month in a row, data released by the Central Statistical Office (KSH) on Monday show.
The Rác baths in Budapest will be sold in an open tender, Sándor Börcsök, the liquidator of the companies that renovated the historic thermal baths said in Tuesday’s issue of business daily Világgazdaság. The baths’ developers were declared companies of “special strategic importance” by the government last year, which allows the possibility of a closed sale of their assets, the paper noted.
Few mortgage borrowers in default have entered into an agreement with their bank and tens of thousands could end up on the street, business daily Világgazdaság said on Friday.
The December 30 demolition of a former landmark building in Budapest’s District 8 at the behest of the local government made headlines after local demolition contractor Nándor Jónás verbally and physically threatened a district assemblyman and a 168 óra journalist.