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 Hungary - News

We’ve trawled the Internet for every story connected with property in Hungary so you don’t have to.  By checking the news reports regularly and thinking through the consequences of each piece of news, you should be able to get a good idea as to how quickly or slowly property prices in the market are going to rise in the near future.

The information in this section only tells half the story, however, as only a small proportion of Hungarian property news is translated in English, which means that the locals are getting a lot more useful information than foreigners are.

Investing in the wrong markets could make the difference between making tens of thousands and losing tens of thousands over the next few years.  If you’re seriously considering investing in Hungary, then you should think of subscribing to our Premium Service so that you can get breaking news from the market at the same time the Hungarians are hearing it.
 

Click here now to get better informed.

 PwC Alert - Hungarian tax authority implements major changes in its tax audit policy Date posted: 27.02.2008 
In its latest Tax & Legal Alert PricewaterhouseCoopers informed about the policy statement issued by the Chairman of the Tax Authority (APEH) with respect to tax audits.
 
 Market Sluggish For 2007 Date posted: 26.10.2007 
Hungary’s residential property market is foreseen to pick up only in 2008, following expected stagnation or a slight drop in 2007.
 
 Budapest Bad for Business Date posted: 15.10.2007 
Budapest was ranked behind both Prague and Warsaw in the Central and Eastern European region in a new report on the est locations for establishing international businesses.
 
 Slovaks Buying On Hungarian Border Date posted: 20.09.2007 
Slovaks looking for a bargain are buying over the border in Hungary where prices in the region are 30% lower than in the Bratislava region.
 
 Owners Sue Over Flood Date posted: 12.09.2007 

Property owners in Budapest's Romai-part along the Danube are taking the city goverment to court claiming that they failed in their obligations to protect the district.

 
 New Development for Balataon Date posted: 05.09.2007 
Spanish construction company Iberalta Group plans to build 120-150 room five star hotels, golf courses and apartment houses on both coasts of Lake Balaton.
 
 No Property Tax for 2008 Date posted: 31.08.2007 
The Hungarian government will not introduce a real estate tax in January 2008, as was previously being discussed.
 
 Expats Prefer Downtown Budapest Date posted: 18.07.2007 
Expatriates living in Hungary prefer properties in downtown Budapest, according to one expert.
 
 New Property Tax for 2009 Date posted: 06.07.2007 
The Hungarian government will launch a new, unified property tax in 2009 and not in 2008 as predicted by the finance ministry earlier this week.
 
 Foreigners Continue to Buy Date posted: 15.06.2007 
The number of foreigners purchasing real estate in Hungary is not decreasing, which - particularly in Budapest - is mainly attributable to buyers looking for an investment.
 
 Borrowing Down; Rates Same Date posted: 15.06.2007 
The amount of money loaned for home by Hungarian banks is down 1% year on year. Hungarian banks are not increasing rates on loans in CHF despite the increase in base rate.
 
 Foreigners Still Buying in Hungary Date posted: 15.06.2007 
The number of foreigners purchasing real estate in Hungary is not decreasing, which - particularly in Budapest - is mainly attributable to buyers looking for an investment.
 
 Spanish EUR392m Development Date posted: 14.06.2007 
Spanish real estate developer Sedesa is to embark on a HUF 100 billion (EUR 392.4 m) project on a 252-hectare (622-acre) site at Hungary's Sávoly.
 
 New Golf Course Underway Date posted: 07.06.2007 
The golf course, 40km from Budapest will be at the centre of a country club with will eventually house 3000 people.
 
 Hungary Becoming Popular Date posted: 18.05.2007 
Hungary is becoming an increasingly attractive location for property investment.
 
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