The beginning of 2024 saw a slight recovery in the Budapest city center real estate market, which was, in fact, fueled by the traditional boom at the end of 2023. According to Ben-Ezra Orran, an expert at Central Home, demand has gradually increased compared to previous years, especially for newer two-room apartments. Prices on the […]
Around 178,000 guests stayed in the Hungarian capital's hotels during the Sziget festival, which took place between August 7 and 12. According to the National Tourism Data Service Center (NTAK), the capital's hotels registered a total of 336,000 guest nights, a tenth more than during last year's event, the Hungarian Tourism Agency (MTÜ) said on […]
The 39th Formula One Hungarian Grand Prix brought an explosive weekend to the capital, which was also enhanced by the Ed Sheeran concert on July 20. According to the data of the National Tourism Data Supply Center (NTAK), July 19-21. Budapest hosted 38% more foreign visitors and 36% more domestic travelers than last year. The […]
“The wonderful capital, Budapest, with its unique location and rich historical and cultural heritage, is a magnet for everyone. It has also been a focus for foreign real estate investors for many years, mainly due to the boom in tourism, as fortunately the Hungarian capital remains a very popular destination for European city breaks. That […]
Budapest has won the European Commission's award for the programs and developments implemented in the framework of last year's European Mobility Week, the Mayor's Office of the Municipality of the City of Budapest announced on Friday. The annual Mobility Week, organized by the European Commission, aims to promote sustainable transport and make it more accessible. […]
GreenGo has added five new locations to its existing service area in Budapest, making car-sharing more accessible to around 300,000 residents, GreenGo told MTI on Tuesday. GreenGo cars can now be parked, rented and locked in outer districts like Csepel, Pesterzsébet, Pesthidegkút, Budaörs and Budafok, for example. The company stressed that their vehicles can be […]
From Friday this week until the dawn of the New Year, the Christmas Market will again be open to everyone in one of the most beautiful locations of Budapest, in downtown Vörösmarty Square. That is where organizers invite people to celebrate the most beautiful holiday of the year under the name 'Vörösmarty Classic Xmas'. The […]
Investors have returned to the capital's real estate market, with investment buyers accounting for 41% of transactions in September after the second quarter low, the property agency Duna House reported on Wednesday, according to MTI. The most popular locations were Erzsébetváros (District 7), Józsefváros (District 9), Angyalföld (District 13) and Terézváros (District 6). According to […]
As part of the European Sports Week #BEACTIVE campaign and the 150 Years of Budapest program, the 18th edition of the NATO Run will take place this Sunday, with participants running through the most beautiful parts of Buda. According to the Budapest Athletics Association, the 10-kilometer NATO Run will start at 11 a.m. from Vérmező, […]
Hampton by Hilton Budapest City Centre, the first Hampton by Hilton hotel in Hungary, opened in Budapest’s District 6 (Terézváros), it was announced at a press conference in Budapest on Tuesday. The hotel manager, Anita Siklósi, said the six-story hotel has 219 rooms, and an average occupancy rate of 65-70% is expected this year. Currently, […]
In the WittyLeaks series, Diplomacy&Trade regularly publishes the personal accounts of ambassadors and other diplomatic mission leaders accredited to Budapest. As I stepped into the role of the Ambassador of Egypt to Hungary, little did I know that this opportunity would lead me on a remarkable journey of discovery, cultural immersion, and friendship. From the […]
From Saturday, April 1, the trains of the cogwheel railway (bearing the number 60) are running again between the terminals of Városmajor and the Children’s Railway station in Széchenyi Hill in the Buda Hills. The railway line was closed for the winter in recent months. During this period, several hundred meters of track were replaced […]
On Earth Hour, on the last Saturday evening of March each year, unessential lights are switched off for an hour and electrical appliances are turned off around the world. Budapest has also joined the intiative. The 60 minutes dedicated to the Earth is not only to symbolically turn off the lights in homes and cities, […]
The number of permanent residents declined in several districts of Budapest and in the county seats last year, while urban agglomeration settlements were a popular destination for moving to across the country, according to the latest analysis by the real estate site ingatlan.com. In the statement issued this Wednesday, the leading economic expert of the […]
As of this Monday afternoon, underground trains again run between the two terminals on the Hungarian capital’s M3 metro line as the renovation of all but two stations have been completed. Over three quarters of the renovation costs have been covered by EU funding. Some 3,500 people have worked for the past five and half […]
