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2015 Looks Promising for Budapest Real Estate Sector


“The best is yet to come,” remarked Andras Toth, Rooste Director, “Budapest is well-positioned for growth and I expect 2015 will be a significant turning point for the local property market.”

At a kick-off breakfast today with Rooste’s executive team, company Director, Andras Toth, outlined the boutique real estate agency’s plans for 2015 and business expansion.

“The market is ready,” affirmed Toth in his opening statement, “In 2014, over 100,000 properties were sold in Hungary, and for the first time in several years we saw an increase in the value of property sold. Two factors that show encouraging signs of improvement in the Hungarian real estate sector.”

The company highlighted three main objectives for growth in 2015 at the kick-off breakfast, focusing on brand advocacy, opening new buyers markets outside of Europe and growing its existing customer base of rental properties and management services.

Rooste took shape in mid-2014 with the alignment of several key stakeholders in the Budapest real estate market, who were looking to capitalize on the niche expat buyers segment. As expats themselves, the group, lead by Toth, merged interests and created Rooste, aimed at offering a premium level of service and buyers assistance to foreign investors, that was notably absent in the marketplace.

Along with brokering several property sales and leases, the company managed over 750 guest nights in 2014 as part of its property management division that handles AirBnB short-term apartment rentals.

“Last year we laid the groundwork for a number of opportunities and programs that Rooste will strategically roll-out in 2015. I’m very pleased at the progress our company and team has made in the past few months leading up to our market debut,” commented Toth, referring to the company’s formation and start-up period in 2014.

“The best is yet to come,” remarked Toth, “Budapest is well-positioned for growth and I expect 2015 will be a significant turning point for the local property market.”

For more information on Rooste and its services, check out their website www.rooste.co.

iNewswire