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New buildings vs. period properties in Budapest – what’s happening now?

From Tim Adams 1 minute reading time

New buildings in Budapest in the 9th district
New buildings in Budapest in the 9th district

A significant acceleration in new construction projects is currently being observed throughout Hungary - and also in Budapest. According to a report by Daily News Hungary from October 2025 should be over “within months”. 25,000 new residential units have been announced - in many places as part of the government support program (“Home Start”) for owner-occupiers.