With the dismantling of VAT at a discount, far fewer homes will be built and there are already 170 in the capital.

In the case of homeowners, although new homes are more popular, the goods are usually significantly higher than their use – says OTP Real Estate. In addition to the 170 mobile homes that are immediately available for sale, there are currently 5,200 flats and two thousand building permits, but not yet built, for two months. These barely 7500 homes will run out of the current sales season for the next summer.

There are concerns that only a smaller proportion of the housing transfers will be realized by the deadline, with most projects already a number of quarters smaller than the original plans. This is only partly due to poor pricing or site selection or sales issues. The biggest problem today is the lack of capacity in construction. This year, 15-20 new investments were announced in the first half of the year. There is also a big project where the investor has already signed a pre-contract for a large part of the apartments, but he did not see that he could build the house at the end of the 2019 deadline. At the same time, it will no longer accept the reduced VAT rate at the end of next year to force investors to do everything possible to surrender as quickly as possible and to accelerate sales. However, as demand is intensifying, it is unlikely that investors will have to pay large discounts over the next year and a half.

"Before taking a decision from a homeowner, it's worth knowing exactly how serious the background of the investor, the builder and what references he can produce," says Homolya Gergely Pál, project manager at OTP Real Estate Newly Built Apartments, that buyers choose an investor who adheres to his contractual obligations and is able to effectively guarantee the guarantees and guarantees that are legally offered. It is also difficult to find skilled workers in the construction of buildings, not just the need for minor or major repairs. This can only be guaranteed by a serious investor.

Yet it is no wonder that you are personally looking for the location of the construction site and you are convinced that everything is designed according to the design and whether the quality of the built-in materials is in accordance with the contract. For example, a ventilation duct with a diameter of 15 cm but only 10 cm can load the lives of the prisoners disproportionately heavily. "The demand for new homes will not decrease in the coming years and the price increase will be spectacular, so if you are thinking of investing in this, please contact a real estate expert who will help you choose the safest solution," he adds. .

In the absence of market intensification measures, approximately 25,000 new, currently unpublished projects in the capital, but still in the preparation or licensing phase, can stay in the drawer for a while and many re-engineering concepts can be introduced in the long term on the market. . Although some investments have already been announced in 2020 and even in 2021, the question is how many companies are willing to lower the net price in order to maintain customer interest. Unless other central incentives are introduced, it can be safely stated that the number of homes delivered can be dramatically reduced in 2021, so that a strong market restructuring can be started.

The membership program of HVG membership is the first initiative that will help our readers to get closer to our editors and continue our journalistic work with the high standard we have achieved so far. We send our members weekly exclusive newsletters, we offer events and we give a big discount on our books and other products. As a sponsor you can contribute to quality journalism through the costs of a weekly coffee!


"When virtuality is so widespread in our daily lives, it is a refreshing real human relationship."
Erna K. – Patronizing member

"I have read HVG for a long time and I find it interesting every day!"
Szabolcs H. – Support


Join our program, support our work with a single contribution or pay for the week.

The membership program of HVG membership is the first initiative that will help our readers get closer to our editors and help with our support to keep our journalistic work at the high standard we have had so far. As a sponsor you can contribute to quality journalism through the costs of a weekly coffee!


Join our program, support our work with a single contribution or pay for the week.



<! –

->