Hungary Real Estate Market Drivers, Tourist Arrival in Hungary-Ken Research

1
Hungary Real Estate Market Driven by Significant
Increase in Demand for Commercial Office Space
and Rise in Tourist Arrival Ken Research Analysis
2
Rise in the number of tourist arrival in the
country, expansion of online companies by
offering promotional advertisement of dwellings
and commercial properties, increase in portfolio
of online companies, upliftment of the plaza ban
will be the key factors driving growth in Hungary
Real Estate Market. The report titled Hungary
Real Estate Market Outlook to 2022 - by
Residential (Dwellings Constructed by Regions, by
Builders Type, Holiday Units Constructed by
region, Dwellings Leased by Regions, Dwellings
Sold by Regions), by Commercial, Retail and
Hotel by Ken Research suggests a growth at a
CAGR of 7.6 in terms of residential construction
in volume generated through Hungary real estate
market during the forecast period. Hungary Real
Estate has witnessed a new trend of growing sales
from online property portals. Online real estate
market in Hungary is increasing rapidly as major
online companies such as Themovechannel.com,
Primelocation.com and Zoopla.co.uk,
Mybudapesthome.com, Alberlet.hu and many others
covers maximum share of online real estate market
sales. Gamut of services offered by online real
estate companies including availability of
knowledge and history about used properties
through company website.
3
In Hungary, people are demanding for more number
of residential dwelling constructions due to low
interest rates prevailing in the country.
Significant boom in the house prices has led to
increase in demand for construction of more
number of residential dwellings and holiday units
in Hungary. Government offering social incentive
for the people to increase their family size by
providing loan at subsidized rates has also
resulted in rise in real estate construction in
Hungary. Increase in office stock in Hungary
with decline in vacancy rate has led to
significant demand of commercial real estate
construction in Hungary. Budapest has been the
major commercial hub in Hungary leading to
significant high property rates in that region
due to maximum demand of the population to live
in that region has gradually increased with
establishment of major offices. Rent in retail
properties has increased significantly along with
increase in demand for high street market.
Upliftment of plaza ban has supported and has led
to increase in construction of shopping malls and
centres in Hungary. For more information on the
research report, refer to below
link https//www.kenresearch.com/manufacturing-an
d-construction/real-estate/hungary-real-estate-mar
ket/149544-97.html
4
Related Reports https//www.kenresearch.com/manuf
acturing-and-construction/real-estate/qatar-real-e
state-market/112182-97.html The Government of
Qatar is focusing a lot on construction to meet
the demand of tourists visiting Qatar in 2022 and
meet the need of residence owing to increasing
population. https//www.kenresearch.com/manufactu
ring-and-construction/real-estate/indonesia-real-e
state-market-research-report/583-97.html Indonesia
real estate market in terms of competition is
extremely fragmented since there are a large
number of local small builders who operate within
the cities. However, Indonesia property sector
has continued to be dominated by several big
developers. https//www.kenresearch.com/manufactu
ring-and-construction/real-estate/philippines-real
-estate-market-research-report/29319-97.html Metro
Manila contributes the largest share in the
Philippines real estate. The retail sector
contributed to the highest market share in the
Manila real estate market accounting for
share in 2015.  
5
Contact Us Ken ResearchAnkur Gupta, Head
Marketing CommunicationsSales_at_kenresearch.com
91-9015378249
6
(No Transcript)