The web accommodation services increased demand for downtown apartments by 40 percent

The spread of the web accommodation services speeded the housing market up in the center of Budapest. The turnover in one year increased by 40 percent, while prices rose by one fifth – according to the Otthon Centrum (OC) real estate franchise network’s data.

According to the summary sent to MTI, most people are looking for flats with a base area of 40-60 square meters for rental purposes in the downtown of Budapest.
Typically, people are look for houses that need renovation, as for rental, usually a conversion, renovation is needed, which is a sensible to be carried out on a flat that needs a renovation – the Otthon Centrum (OC) added. (MTI)