CE Invest Group

Article appeared in The Daily Telegraph Budapest The top 20 places to invest in Europe Data courtesy of Global Property Guide 20. Paris, France Good: Low rental costs, high yields in Paris, Global political powerhouse Bad: pro-tenant rental market, moderate-to-high transaction costs 19. Helsinki, Finland Good: low to moderate transaction costs, strong economy, moderate yields, [...]

Legal In conformity with EU regulations, Energy Performance of Buildings Directive (EPBD), the law in Hungary has been extended this year, requiring the presentation of a valid energy certificate (green card for a property) for apartments sold and rented after January 1, 2012. Act 176/2008. (VI. 30.) on Certification of the Energy Performance of Buildings came into [...]

Here are two exceptional opportunities you may wish to consider regarding property in Hungary. Currency Opportunity The mid-rate of the forint as published by the Hungarian National Bank (http://english.mnb.hu/) today is 309.48 HUF to 1 EUR. Last Friday it was 316. (1 GBP is 361.04 HUF and 1 USD currently stands at 231.91 HUF). For [...]

The property market in Budapest is showing clear signs of recovery, especially in the more mature and lucrative Buda districts. The growth is fueled by last-minute investors who are sensing the end of the down-market. Budapest consists of the populous eastern districts of Pest on one side of the Danube, and the more expensive areas [...]

Are you thinking to sell? 2011 Real Estate market overview in Slovakia GDP growth prediction for 2011 in Slovakia is estimated to be 3.6%. Real estate prices dropped by average 10-15% in Slovakia due to the world economic crisis. As a result of the balanced economic growth in Slovakia during the boom times, there was [...]

The recent report of the Hungarian National Bank (MNB) reveals that a total sum of HUF 546.1 billion (EUR 2 billion) in mortgage loans at different banks in Hungary, is in default. Clients have not paid for 90 days or more. This involves 83,000 mortgage contracts and 67,000 properties. A further 24,000 contracts in default, [...]

Profile We at CE Invest Group value our staff and believe that the human factor is not a liability, but an asset in every enterprise. Our people carry our reputation in their hands, in the smile on their face, as they meet landlords and tenants every day. In our series of introducing our employees, we [...]

A recent study by Otthon Centrum on the Residential Property Market in Budapest (OC Lakaspiaci Monitor) reveals 4 proposed impact factors which could initiate an increase in apartment construction. 1) Improved consumer expectation of households 2) Increase in wages 3) Affordable loans 4) 5% VAT (down from 25%) on newly-built apartments Between January 2010 and [...]

According to a joint analysis released today by savings bank Fundamenta and market research firm Trend-Budapest, one out of five households (actually 22%) in Hungary is planning an investment in property within the next two years. 32% of the population has savings specifically intended for real estate improvement or purchase. Fundamenta-Lakáskassza Zrt. is a housing [...]

We are proud to announce a merger between CE Invest Group (Hungarian and Slovak companies) and Catherine Dickens Properties www.catherinedickens.com under the new name Central European Property Group, registered in Budapest. Owners Catherine Dickens Gore, Martin Melisko, and Andras Patkai believe that CE Property Group has the experience, know-how, and potential to emerge as a [...]