The rental market is booming, and many apartment owners prefer to rent to a Hungarian who they can talk to in person, and who they believe knows local customs better. The situation is even more difficult when you are trying to rent a place before arriving to Hungary: the fact that they cannot see you in person dissuades many people from signing a contract with you.
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Hungary has a long-standing cafe-culture, but while this used to be an afternoon or evening pastime, expats and young Hungarian professionals have created a trend to have breakfast or brunch at their favorite cafe.
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When deciding if you want to rent an apartment or a house or buy one, there are several questions to consider. Do you plan to spend a lot of time there? Would you also use it as your office? Would you prefer to be able to use it for a vacation rental when you are not using it yourself?
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A great number of apartments in prime downtown locations have not been renovated for years or sometimes decades. Thus, you can buy an apartment for renovation; then renting or reselling it guarantees a great return on your investment.
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Since more and more tourists prefer to rent an apartment rather than staying at hotels, buying a small apartment to be converted into a vacation rental is an excellent investment opportunity in Hungary.
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There is a large Russian expat community living in Hungary. According to a 2011 census, there are roughly 13 000 Russians in the country. 6000 of them live in Budapest. There are also several Russian clubs and organisations throughout Hungary, the list of which can be found here. Accordingly, you will be spoiled for choice if […]
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If you’re a practicing muslim visiting Hungary or even considering moving here, an important concern is to know where you can find halal food, whether you’re looking for restaurants you can go out to or shops where you can buy ingredients to cook at home. While Hungary does not have a long tradition of halal […]
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The Russian community in Hungary There is a large Russian expat community living in Hungary. According to a 2011 census, there are roughly 13 000 Russians in the country. 6 000 of these are living in Budapest. There are also several Russian clubs and organisations throughout Hungary, the list of which can be found here. Cultural […]
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It goes without saying that different countries have different cultural norms and different ways of interacting, but finding a foreign business partner that speaks the same language we do can trick us into thinking that we understand each other perfectly. Which might not always be the case.
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Budapest is literally teeming with baths and spas. This is thanks to the the innumerable hot springs scattered all around the country. The water bubbling up from these springs is coming from deep underground. It is heated by geothermal activity, that is, the natural heat of the Earth’s core.
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