A1 Real Estate Budapest is one of the premier real estate agencies in Hungary and your gateway to a successful property purchase in Budapest.
A1 Real Estate Budapest prides itself on having one of the largest selection of property for sale in the city center. We can offer an unsurpassed range in apartments, commercial and retail premises, warehouses and land with building permission. A1 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.
If you are looking at property for sale in Budapest, Hungary, as a safe investment in the future for you and your family, then you have come to the right company. A1 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.
A1 Real Estate Budapest is pleased to announce that propertyID# 1492is the A1 Property Of The Month
Rozsa u. ID# 1492
Budapest District 6.
Price HUF 49.900.000
Area 75 m²
This is a bright, 75 square meter, 2 bedroom flat for sale in the 6th district. The flat is located on the first floor of a classic building, which has no elevator. The apartment is street view with a balcony. It comprises of an entrance hall, an American kitchen with living and dining area, 2 bedrooms, and a bathroom. The apartment has just been renovated and the owner decided not to fit a kitchen, so that the new owner can choose one to his or her taste. There are plans available, from which a kitchen could quickly and easily be installed. There is also a walk-in closet area, which is currently accessible from both bedrooms. Again, there are plans, but the new owner is free to furnish this space as desired.
Do you need a trustful company to manage or rent out your property?Managing your property from overseas is a time-consuming and difficult job. Let us help you with household tasks, whether it’s collecting the monthly rent or doing maintenance work. Just lean back and get everything done via the internet. With real-time administration, You will be able to initiate, approve and follow-up on virtually any management issue executed around the house.
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%
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.
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.