European residential property markets have been on an ascending course for some time now, but
what is really interesting about the current stats is that Hungary is way ahead of everyone. It
registered the largest price increase of residential properties purchased by households both in annual
and quarterly terms in the first three months of 2016.
If you had doubts whether or not prices will rise further now you can see that the market did not lose
momentum even after a major increase last year. Moreover, the increase has only become steeper,
and the 5.2% q/q growth in Q1 is the largest we have seen in the rising trend since the crisis. Even
last year’s record in Q2 was only 4.4%. We do need to note, however, that the Hungarian Central
Statistical Office (KSH) has not yet published its first quarter stats therefore some correction of the
currently available data may be on the cards.
So growth did not stop, as a result of which used residential properties cost 15.2% more at
the end of March than a year earlier. This also means that in the nearly two years since the
end of the crisis used home prices rose by over 29% on average in Hungary. The prices
are currently more than 5.6% higher that the Q3 2008 print, which was the precrisis
European residential property markets have been on an ascending course for some time now, but what is really interesting about the current stats is that Hungary is way ahead of everyone. It registered the largest price increase of residential properties purchased by households both in annual and quarterly terms in the first three months of...
We bring you six simple rules that if you follow, your property will multiply and you in fact feel free to sleep. Stress and risk of investing does not belong into a modern and happy life. Stress and risk of investing does not belong into a modern and happy life 1.Rule of Wisdom Rule number...
The price of residential properties purchased by households grew by 4% year on year in the European Union in the first quarter of 2016, and rose 3% in the Eurozone, the latest statistical release by Eurostat, the EU’s statistical office, showed on Tuesday. Hungary stands out with the biggest rise of over 5% in Q1...
Thanks to our partners, we organized an international conference in Zurich “Stronger Together Investment Day”. During this event, we introduced the concept Budapartment general public and specialists from the banking sector. The event was accompanied by a pleasant atmosphere, the investment sentiment and a rich accompanying program. Another STID annual conference will be held in...
Budapartment is a dynamic investment in the real estate market. The program is aimed primarily at corporate clients. The aim is to create an investment portfolio with our team of specialists. Example: Company A invested 840,000 EUR – this has been used to buy five apartments in the historic city center. After structural modifications to...
1. We focus on a unique and emerging city, WHERE housing prices are growing at a very fast pace “Over the last five years prices have increased to 201.39 % ” (Source: Ingatlannet.hu ) . According EU statistics, 76 % of the companies doesn’t reach such a business growth. 2. MAKING REGULAR INCOME Investors from...
Many people have their savings deposited in banks, unable to be used. By invest-ing in your own apartment, you will increase the value of your money, thereby preventing deterioration of your savings. For more information contact our investment specialists