Since 2004 Capital Real Estate Budapest has provided unsurpassed personalized service in property sales, but to let, 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 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.
BMW to build 1 billion euro car factory in Hungary
FRANKFURT/BUDAPEST (Reuters) - BMW (BMWG.DE) will invest 1 billion euros ($1.17 bln) to build a new plant in Hungary at a time when a rise in protectionism is forcing carmakers to curb inter-continental exports and to refocus production networks to serve regional trading blocs.
A trade dispute between China and the United States has already hurt exports between the two nations, forcing global carmakers including Daimler (DAIGn.DE), GM (GM.N) and FiatChrysler (FCHA.MI) to cut their profit outlooks.
As part of a strategic push to “build where you sell”, BMW this year stopped exporting its X3 offroader to Asia from a plant in South Carolina because it can avoid tariffs by making the vehicle at a plant in China instead.
BMW declined to say whether the decision to build the new Hungarian plant, its first new factory in Europe since 2005, was taken in response to increasing trade tensions.
Chinese buyers attracted to Hungarian real estate
Demand for Hungarian real estate from buyers outside the EU, although still relatively low, has grown lately. The percentage of foreign buyers, including from the EU, was 6-7% last year, online business daily vg.hu reports. Some 2% were citizens of countries outside of the European Union and European Economic Area.
Berlin tops the world as city with the fastest rising property prices
10 fastest rising property markets in the world in 2017. Average prices leapt 20.5% last year, prompting warnings of a property bubble waiting to burst. Berlin has emerged as the frothiest property market in the world, with the city engulfed by expensive highrise developments and speculative buying that threatens its traditionally low rents and hip arts scene.Prices in Berlin jumped by 20.5% in 2017, according to the property consultancy Knight Frank, with other German cities also displacing cities in China in terms of rising prices.
Hong Kong 14.8%
RESIDENTIAL REAL ESTATE IN HUNGARY SET TO GROW
According to the overseas property broker Tranio.com, Hungary is a popular location for small companies and international corporations who want a base in Central Europe. The country has a strong labour base, and salaries are low compared to most European Union (EU) countries. According to Statista, the average annual wage in Hungary is just €6,700, or about four times less than France or Germany. IBM, Morgan Stanley and EPAM are among the companies that have offices in Budapest. Additionally, property in Hungary is cheap. According to Statista, as of February 2018, prices average €2,500/m² compared to €4,300/m² in Germany, €11,600/m² in Austria and €12,800/m2 in France. Investors believe that Hungary’s property market is a good investment and expect local residential property prices to continue rising for at least a decade. According to Hungarian media outlet Origo, every fifth property transaction in the country involves foreign buyers, who are mainly from China, Russia and Ukraine.
Read more at: dailynewshungary.com/residential-real-estate-hungary-set-grow
NEW FLIGHTS AND SUMMER-LIKE RECORD AT BUDAPEST AIRPORT DURING THE EASTER HOLIDAYS
Airportal.hu reports that there is an extremely busy flow of passengers at Budapest Airport during this year’s Easter period – the numbers resemble the summer peak. Over 40 thousand passengers departed and arrived at Budapest on both Thursday and Friday. As it is a custom during most holidays, a lot of Hungarians who work abroad came home to celebrate the spring holiday with their families. Still, quite a number of Hungarians decided to travel abroad and spend Easter somewhere else. The third type of flow was represented by foreigners who arrived in Hungary either to visit relatives or simply to travel. Even though the 2018 summer timetable was introduced just a couple of days ago at the Budapest Airport, there are already new flights announced.
Read more at: dailynewshungary.com/summer-like-record-budapest-airport-easter-holidays
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