CE Invest

The price of residential and commercial plots for construction fell by 10% on average compared to 2009. The most substantial fall was registered in Nitra County in the west (20%), the least in Košice County in the east (2%). Despite strong demand, prices of buildable land fell by 16% in Bratislava.
The most interesting areas for [...]

New Main Street In Budapest
The Municipality of District 5 has recently opened the new ”main street” between Kálvin Square and Szabadság Square. The spectacular HUF 5.5 billion (EUR 20 million) project has already pushed prices up in District 5. The streets have received new decorative pavements and the previous expensive column lighting has been replaced [...]

SLOVAKIA
The Residential Market
There is demand for residential real estate in Slovakia; however buyers are much more cautious. The prices are lower, bringing with them lower quality, which is expected to affect new projects in the next 5-10 years. Investors concentrate on sustainability. Low quality projects on the residential market are certainly a looming concern – [...]

We continue our discussion of the primary investment segments of the city, beginning with District 5 of Budapest. See detailed map below.
This is the prime commercial hub of the city, the most expensive area of Pest, the down town. Also referred to as Belvaros, that is Inner City, it is a fairly large area, containing [...]

It seems the newly-built apartments currently available on the Budapest market will be sold by the end of 2010. This means there will be an evident shortage on the market in 2011, which will produce a 15-20% price increase, according to Elephant Holding and OTP Bank’s Property Leasing experts.
10-12,000 new apartments were built and sold [...]

As opposed to the situation in the neighboring countries, mortgage conditions have improved over the past 6 months in euro-zone Slovakia. Banks are offering government-subsidized mortgage products, preferential interest rates, discounted fees, “mortgage within 24 hours,” attractive re-financing options, and gifts like an LCD TV. The result is a lively property market. 100% LTV mortgages [...]

The Budapest metropolitan area, population of 3 million, is the largest commuter area in Central-Eastern Europe

2010 statistics by Otthon Centrum and Ingatlan.com show that the average square meter price of apartments in Budapest has dropped below the psychological 350,000 HUF (1310 EUR/m2) threshold. This means the typical price of a studio apartment is around 10 million HUF (37,425 EUR). Note this is a city average, including remote outer districts as [...]

On March 1 the Hungarian government has maximized the loan to value (LTV) on mortgage loans, setting a 75% limit in case of Hungarian forint (HUF) loans and 60% in case of euro loans. Swiss francs and other currency loans cannot exceed 45% of the value. These percentages [...]

Although income tax is 19% in Slovakia, the available incentives are so large, that an average apartment owner ends up with paying less than 2% tax on gross rental income. Here is how.
The deadline for submitting the 2009 Tax Return in the Slovak Republic is March 31, [...]