The industrial real estate market can be referred to as pleasantly stable, for it does not react sensitively to market swings over the short term; violent changes and realignments are not typical.

Property investors completed 182,000 square meter of A-category office space in Budapest in 2006, the most since 2000, according to a market analysis by real estate company CB Richard Ellis (CBRE).

Office space in Budapest can be rented for just a fifth of the price of that in London and rent is among the cheapest in the region, a survey by property company DTZ shows.

Once again, summer's end sees a revival in the rentable apartment market as thousands of students look for temporary lodging in Hungary. There are no exact data about the volume of demand, as most people rent apartments without informing tax authorities. In the most frequented sites of Budapest, rental prices are typically HUF 1500 per square meter and HUF 1000 per square meter downtown, real estate magazine ReSource said in its latest issue.

Divided by the Danube, Hungary’s capital is two tantalizing cities in one. Budapest takes to its streets on foot to trace its many-layered history at the crossroads of Europe.