The Roman ruins excavated at the former Óbuda Distillery (in the north of the Hungarian capital), now under construction at the Waterfront City residential development, are several meters below the current walkway level, so they can only be displayed at a higher level. The ruin walls of great cultural importance, excavated by experts from the […]
The hotel market in Budapest is expected to grow significantly in the coming years as tourism booms, the international real estate market service provider CBRE told MTI on Tuesday. CBRE recalls in its statement that last year there was a significant growth in the Budapest hotel market, with the number of guest nights increasing by […]
Housing prices in Hungary rose by more than 9% in January compared to a year earlier, a faster increase than expected, real estate.com reported on Monday, based on data from its January house price index. The housing price index, which is based on the number of advertisements posted on the real estate advertising portal, shows […]
The modern office stock in Budapest increased by 2,150 square meters in the fourth quarter of 2024, thanks to the handover of the Liget Center Vitrum office building, the Budapest Real Estate Consultants Forum (BRF) told MTI on Tuesday. The total modern office stock in Budapest currently amounts to 4,455,615 square meters, of which 3,604,010 […]
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 […]
