Since 2004 Capital Real Estate Budapest has provided unsurpassed personalized service in property sales, 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.
Hungariansʼ gross wages climb 14.4% in June
In June 2017, average gross nominal monthly earnings amounted to HUF 297,300, 14.4% higher than a year earlier, the Central Statistical Office (KSH) said today in a first release of data for the first half of the year. In June 2017, full-time employees’ average gross nominal monthly earnings according to the national concept amounted to HUF 297,300 at corporations employing at least five persons, budgetary and designated non-profit institutions. Average net monthly earnings by the national concept were HUF 197,700 excluding family tax benefits and HUF 205,500 including them. Both gross earnings and net earnings grew by 14.4% compared to the same period of the previous year.
Budapest As Pensioner’s Heaven? - Hungarian Capital Named Among World’s Best Places To Retire
Hungary’s capital is the world’s eighth best place to retire, according to a research shared by US news portal cnbc.com. In Budapest, you can “reinvent your life, chase adventure, have a great time and most likely reduce your cost of living dramatically”, says the publisher of the Overseas Retirement Index. The researched focused on 13 categories which represent the most important criteria that American retirees must weigh when shopping the globe for the best place to live. These are cost of living, crime and safety, English spoken, entertainment, environmental conditions, expat community, health care, infrastructure, recreation, residency options and taxes, as well as real estate affordability and restrictions on foreign ownership.
Ruin bars and the world's most beautiful baths – Anthony Horowitz finally discovers Budapest
I can’t believe I waited 62 years to discover Budapest. Just a couple of hours’ flying time from London (my British Airways flight had a pleasant, not-too-early departure slot), it had been described to me as the party town of Europe. Over one glorious weekend, with the temperature hitting the high 20s Centigrade, I discovered just how true this was.
Budapest is a young person’s city. Live music bursts out from street corners and parks. It’s impromptu, unexpected. As I walked up to the austere, imposing St Stephen’s Basilica, I was accompanied – inexplicably – by Zorba the Greek. There are stag and hen parties everywhere. Kids whizz past on Segways or lumber past on those bizarre, pedal-powered bars that you would surely have to be very young or very drunk – or both – to enjoy. A bride and groom passed me, in full regalia, on a tandem, with people throwing rice from the pavement. And standing on the famous Chain Bridge, I saw another bride and groom, this time with the vicar and the entire congregation, getting married on the top deck of a boat.
Brexit: UK retirees rushing to settle in Europe, say financial advisers
British retirees are rushing to settle in European countries such as Spain, Portugal and France before the Brexit deadline, according to financial advisers, believing that such a move will become significantly more difficult in the future.
One company that supports those moving to mainland Europe after they finish working revealed that the number of monthly inquiries to its website had doubled in a year, while actual business was up by 25%.
It came as experts said it was extremely unlikely that any post-Brexit deals with European countries would allow Britons to continue to move overseas in their later years as easily they can do now.
“The golden age of British retirees heading to the Costas is probably over,” said John Springford, a migration expert who is director of research at the Centre for European Reform.
He pointed to research that found that while young immigrants provided an economic boost in most OECD countries, people turned into a net drain on national finances somewhere between the age of 40 and 45.
“The thing about retirees they are expensive. There is no way Spain would allow lots of Brits to retire there and use their health system unless young Spanish people could come and work in the UK,” said Springfield. “If we don’t have free movement it is very unlikely we would have retirement rights.”
Carlos Vargas-Silva, of the University of Oxford’s centre of migration, policy and society (Compas), agreed that the UK could strike a bilateral arrangement with Spain, but said that might not be encouraged by the EU. “In order for British people to continue retiring to Spain there would need to be something in return, likely to be around more flexibility for Spanish people working in Britain,” he added.
There were estimated to be almost 300,000 UK citizens living in Spain in 2016, with 40% (121,000) over 65. In France, the figures were 148,800 with earlier estimates suggesting about 19% are at retirement age.
Over 65s make up a third of UK expats in Malta, Cyprus and Portugal, while overall they account for one in five of the 890,000 Britons living in the EU. While Brexit negotiations are likely to secure a deal to protect the rights of those already living abroad, there is a big question mark over what opportunities there will be after the UK leaves the EU. A Home Office spokesman made clear that no decisions had been made, and that businesses and communities would be consulted on what a post-Brexit immigration system would look like.
S&P revises outlook on Hungary rating to ‘positive’
Hungary is the fifth most attractive market for retailers looking to expand their store presence Standard & Poorʼs Global Ratings revised the outlook on Hungaryʼs "BBB-/A-3" long and short-term foreign and local currency sovereign credit ratings from "stable" to "positive" on Friday. However, the ratings agency also pointed to negative factors that could slow down economic growth."The outlook revision reflects our expectation that Hungaryʼs improving economic and external metrics might support ongoing improvements in the financial sector and thus strengthen the monetary transmission channel," S&P said, as quoted by national news agency MTI.The ratings agency said it expects loan growth to resume and non-performing loans (NPLs) to stabilize at around 10% on the back of a gradual recovery in demand for new loans, the recent recovery in real estate prices and measures by the central bank to stimulate lending, as well as prudent regulatory efforts.S&P also acknowledged the impact of a gradual decline in the bank levy on the banking sectorʼs return to profitability in 2016.S&P said Hungaryʼs "strong external profile and its track record of fiscal restraint" support the sovereign ratings. "Moderate long-term growth prospects, high public debt, and a so far impaired monetary transmission mechanism are key constraints to the ratings," it added.