CE Invest Group

The newest dazzling shopping mall of Budapest opened on Wednesday, October 27, in the 8th district. Construction on the HUF 230 billion (EUR 840 million) Corvin shopping mall, belonging to the French group Klépierre Ségéce, began in 2006, as part of the grand (8.5 ha) district rehabilitation project of the Hungarian Futureal Group, along with [...]

CENTURY 21 General Reality is the second real estate agency to open in Bratislava, Slovakia, under the worldwide CENTURY 21 franchise system. The office is located in the Aupark Tower, Petrzalka, where the head offices of CENTURY 21, Master Franchise CENTURY 21 Slovakia, are found. There are already 2 CENTURY 21 offices in Kosice. The [...]

Although we consider ourselves experts at taxation in Hungary and Slovakia, we often receive challenging questions regarding tax issues of our clients concerning their own country. Here is a resource we would definitely recommend to any investor from Western Europe (mainly UK & Rep. of Ireland) who has investments in the CEE region, as our [...]

I have recently started a personal (corporate) Twitter account, @andraspatkai. You are welcome to follow me, where you will receive the most recent information about what’s happening in Budapest and Bratislava as regards real estate. You can expect posts of pictures, market trends, news and opportunities. Your intelligent insights are most welcome, of course!   [...]

I am proud to announce to you that we have successfully opened the first CENTURY 21 office in Bratislava, Slovakia. The name of the brokerage is CENTURY 21 CE Development. CE Invest operates on the side as the core property management company, however all sales and rentals will take place according to the golden standard [...]

CE Invest in Budapest is doing very well, thank you; we are in the middle of insuring a large number of apartments under our management, there are also ongoing renovation and furnishing projects, which keep us busy. We have added 10 new apartments to management in the last two months, mostly people who came over [...]

July 7, 2010 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 with [...]

June 3, 2010 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 [...]

May 5, 2010 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 [...]

April 21, 2010 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. [...]