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Featured Property for Sale

Veres Pálné u. ID# 1062

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------OFFICIAL PRICE IN EURO-------315,000 EUR--- This is a gorgeous, spacious, elegant, bright, 2 bed/2 bath, street facing apartment in downtown Budapest. The apartment has a massive kitchen area and features a simple off-white aesthetic. The building is located parallel to the famous Váci utca and many amenities/transport option are close by. The apartment is pre-let at €1800/month (8.4% yield) making it an excellent for investors!

 

Price: HUF 91 350 000

Price: EUR 315 000 circa

Area: 138 m²

[find out more]

Research about Investing

Learn about Real Estate Investments in Budapest!

Take advantage of Hungary’s accession into the European Union. Find out why Budapest Real Estate has been favoured by thousands of investors for the past couple of years.

Did You Know?

  • The average price of good centrally located properties in Budapest is between €1 300 - €2 000 per m²
  • Hungary gets nearly one third of all foreign direct investment flowing into Central Europe, with cumulative foreign direct investment totaling more than US$185 Billion since 1989.
  • €22.6 Billion of EU funding currently being invested in the country.
  • Budapest is a popular location for large multinational companies, over 45 of the 50 blue-chip multinationals are located here.

Pbal Gallery - Pinball Museum Budapest 


 

The Saint James Hospital Group was founded in Malta in 1984, and it currently operates private hospitals in Malta, Libya and Hungary. The Budapest Eye Clinic specializes in day case surgery and laser vision correction, as well as a comprehensive range of ophthalmological services. http://lassjol.hu/


W!zz

Wizz Air - Book Your Flight to Budapest!

 

All Hotels in Budapest, apartments in Budapest, Balaton 173 hotels in Hungary with online reservation. Hoteltelnet offers spa and thermal hotels, wellness hotels and health resorts in Heviz, Buk, Zalakaros and Budapest. Hotels at Lake Balaton.


 

 

 

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NEWS

 

GlaxoSmithKline is investing 58M EUR in vaccine plant.

The Hungarian unit of British drugmaker GlaxoSmithKline (GSK) will invest HUF 18 billion at its vaccine plant in Gödöllő, near Budapest, Minister of Foreign Affairs and Trade Péter Szijjártó said on Monday, according to Hungarian news agency MTI. The government is supporting the investment, which will create 104 jobs, with a HUF 1.8 bln grant. The plantʼs warehouse capacity will be expanded and a new unit producing pharmaceutical raw materials will be built, as a result of which the plantʼs output will triple, the minister said. Christopher Hunley, managing director of GSK Biologicals, said the activity of the unit will be expanded as a result of the development and the plant will make components of diphtheria and tetanus vaccines for a new area of utilization.

bbj.hu/business/glaxosmithkline-to-invest-huf-18-bln-in-vaccine-plant_130064

 

Audi to launch electric motor production

German carmaker Audi will start production of electric motors at its base in Hungary in two weeks, Audi Hungaria Chairman Peter Kössler said Tuesday, according to Hungarian news agency MTI. Production of parts for the Q3 model will start at the same time, Kössler said. Serial production of the Q4 model could start in 2019, he added. In future, all drivetrain technology for Audiʼs first electric vehicles will come from Hungary, Kössler revealed.

Body parts for the new models will be made in an 80,000 square-meter production hall, with the support of 700 robots, the chairman said. Tool production has been expanded, as has Audi Hungariaʼs training system, he added. Minister of Foreign Affairs and Trade Péter Szijjártó said Audiʼs HUF 10 billion investment in training 1,000 people to work the electric motor line, as well as the more than HUF 100 bln spent on the new body plant, show the companyʼs "exceptional confidence" in Hungary.

bbj.hu/business/audi-to-launch-electric-motor-production_133313

 

Hotel in Párizsi udvar set for completion in 2018

Parizs Property, a member of Mellow Mood Group, confirmed on Friday that it is building a five-star hotel for HUF 12.5 billion at the landmark Párizsi udvar in Budapest, to be finished in May 2018. The joint owner-CEOs of the Mellow Mood Group, Zuhair Awad, left, and Sameer Hamdan onsite at the Párizsi udvar. János Hermesz, project manager for the company, said the price includes the purchase price of the property, renovation of the historic building according to its original look, and construction work. Tamás Fazekas, the future manager of the hotel, said the facility will have 110 rooms, 18 suites, conference rooms and a wellness section. Mellow Mood Group signed a contract in 2015 with architectural firm Archikon on planning the renovation work. Parizs Property acquired the historic building in the city center from the District V local council for HUF 2.1 bln in 2014.

bbj.hu/real-estate/hotel-in-parizsi-udvar-set-for-completion-in-2018_133136

 

Hungary attracts 19% of retailers eyeing expansion, CBRE says

Hungary is the fifth most attractive market for retailers looking to expand their store presence in Europe, the Middle East and Africa in 2017, tied with Spain and the Netherlands, according to a CBRE research report sent to the Budapest Business Journal, entitled How Active are Retailers in EMEA? The core markets of Western Europe are top of retailers’ agenda as the most popular destinations for expanding their store networks in 2017, despite political and economic uncertainty in Europe, according to global property developer CBRE. 

The United Kingdom leads the way as the most attractive retail market in the region, with 65% of retailers targeting the country for expansion, according to CBRE’s latest report. The U.K. is followed by France (43%), Germany (38%) and the UAE (24%). Spain, the Netherlands and Hungary each attracted 19% of respondents, thus standing equal fifth among the most popular markets for retailersʼ expansion.

bbj.hu/real-estate/hungary-attracts-19-of-retailers-eyeing-expansion-cbre-says_132719

 

 

 

 

 

At Capital Real Estate Budapest, we provide unsurpassed personalized service in property sales, property rental and property management.

We are one of the premier real estate agencies in Hungary and your gateway to a successful property purchase or rental in Budapest.

Please have a look at the Investor Center for all the facts and figures you will ever need for an informed investment in the Hungarian property market.

Capital Real Estate Budapest prides itself on having one of the largest Click Here to Recommend Capital Real Estate's Website!selection of property for sale and rent in the city center. We can offer an unsurpassed range in apartments, commercial and retail premises, warehouses and land with building permission. Capital Real Estate Budapest is Budapest’s most preeminent one-stop-shop for property investment, we are able to help you rent and manage your Budapest property as well as providing financing from Hungarian lenders.

We are proud to have the largest off-market portfolio of residential and commercial/ retail properties for rent and for sale in Hungary.

We also dedicate ourselves to finding affordable and safe student accommodation for the many students wanting to rent near University campuses.

If you are looking at property for sale or rent in Budapest, Hungary, as a safe investment in the future for you and your family, then you have come to the right company. Capital Real Estate Budapest will help you through every stage of the purchase process by assigning a dedicated agent to you from the very start. Your agent will help you select the appropriate property for your budget and help you achieve the highest yields possible. All our agents are fluent in English and are trained specialists in Hungarian real estate counseling.

 

We would like to give you some general information about the costs associated with investment into Budapest. Our agency operates as a buyer's agent. We take our clients through the whole buying process and introduce them to lawyers, accountants, management companies, accompany them to banks, to the notary and any other office where our help is needed in connection with their property investment. Bear in mind that as the agent that represents you it is our job to negotiate on the price of any potential property and get you the best possible deal. We represent you and you alone and we are here to give you professional property investment advice and impartially look after your interests. This applies prior, during and after any potential investment has been made. For this comprehensive service we charge 3% + VAT of the purchase price.

The total acquisition costs are all together about 10% + VAT of the purchase price which breaks down as follows:

Stamp duty 4 % (due only about 2 to 12 months after purchase)
Costs of the registration of ownership and the ownership sheets: EUR 45
Escrow fee: EUR 100 + (27% VAT) if you use the escrow account – not compulsory
Bank fee – of the escrow: 0.1% of the transferred amount.
Our commission 3 % + VAT (27%)
Lawyers fee 1.5 % +VAT (27%)
Private permit (for non-EU residents) about €400 or company formations €900
Please note that it takes 30 to 60 days to get the permit, it is also standard to include in the contract that if you are refused a permit that you will purchase as a company.
In the 10 years since we have been dealing with international clients not one permit has been refused.
                                                       
Also note that if the property that you purchase will NOT be your main residence then you must pay annual council property tax.
Please ask your appointed lawyer for more detailed information.

 


 
Property of the month

Mátray u. ID# 1454

Budapest District 1.

Classic Apartment for sale

Price HUF 67.000.000

Area 128 m²

This is a bright, 128 square meter, 4 bedroom flat for sale in the 1st district. The flat is located in a classic building which has an elevator. The apartment is on the ground floor of a 5-floor building and has street and courtyard views, as well as a view of the private, 10 square meter terrace. It comprises of a spacious hall, living room, 4 bedrooms, a bathroom, a separate toilet, and a storage space. It is unfurnished and is in need of renovation. There is currently no kitchen or bathroom. If the kitchen were to be placed in the living room, to create an American-style kitchen, this would create the 4th bedroom. Three of the rooms look onto the quiet street. One bedroom, the toilet and the bathroom look onto the private terrace, and what was the kitchen looks onto the courtyard. The location is fantastic, as it is only a 5 minute walk to the Széll Kálmán tér transport hub, where one can find the M2 metro, trams and buses. Close by is the Mammut shopping center, which has all conveniences that the city centre can offer such as cafes, bars, restaurants, museums and banks. The historic Palace District is only a 10 minute walk away. Parking is free on the street if the owner registers as the occupant. Each of the utilities are on a separate meter. The heating is gas, and is provided by the ceramic stoves. The common cost is 17,500 HUF per month. It would be ideal as the home for a larger family, or to be rented out as an office or as a residential unit.

 

 

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Click here for more contact information!1065 Budapest, Hungary
Bajcsy-Zsilinszky út 5

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Apartment for rent in Budapest

Bajcsy Zsilinszky # 1106

Budapest District 6.

Area: 80m2

Fully furnished and equipped two bedroom flat(80 sqm) is for rent in the 6th district on Bajcsy-Zsilinszky Road (next to Arany János metro stop). In the best part of 6th district, 5 minutes walk from Basilica, Andrássy Avenue, Nyugati station, bars, metros, trams. 24 hours shop is nearby. the flat is on the 1st floor. Comprises a cosy living room with sofa which can be open as a double bed, kitchen with built in units, two spacious bedrooms, bathroom with a corner bath tub,apartment has street and courtyard view. Very sunny ideal for students. Rental fee: 480 Euro/month+utilities. Common cost: 16000Huf/month. Two months deposit and one month rent required moving in, available immediately.

 [find out more]

 


 


 

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