What Biggeorge Holding does

Biggeorge Holding operates the Biggeorge Property (Biggeorge Property Nyrt.) brand, one of Hungary's largest privately-owned residential and commercial real estate developers, founded in 1991 and headquartered in Budapest. The company develops, sells, and manages new-build apartments across more than 10 active projects in Budapest's Districts III, XI, XII, and XIII and at the Lake Balaton waterfront, with a cumulative portfolio of 13,625+ apartments spanning 562 planned, 2,291 under construction, 5,821 sold, and 3,951 handed over. Major developments include the master-planned Waterfront City (1,374 units across up to 8 phases on a 5-hectare District III site), premium Árnyas Villa Suites (102 units in District XII with Italian Veneta Cucine kitchens), Cosmo Residence (230 units in District XIII), and Lake Balaton projects Szemesbay Resort (152 units, 95% sold) and Silverbay Residence (69 units). Unit prices range from HUF 49.8 million for studios to HUF 459.9 million for premium four-bedroom apartments.

The company monetizes primarily through one-time residential unit sales, supplemented by commercial/retail unit sales and rentals, parking and storage unit sales, and ancillary professional services including financing advisory through OC Pénzügyek Hitelközvetítő Kft. and rental management support through Nyolcas.com. Buyers can access Hungarian housing subsidies such as CSOK Plusz (up to HUF 50 million), the Otthon Start program (FIX 3% mortgage at Amphora Garden), and a 5% VAT refund for brownfield-area purchases via the Magyar Államkincstár. Distribution runs through two owned sales offices in Budapest, project-specific on-site sales points, and a direct sales team of seven named advisors supported by a multi-channel digital presence across Facebook, Instagram, YouTube, LinkedIn, and TikTok.

Biggeorge reports no dedicated technology platform beyond a standard corporate website with apartment search and map-based search tools. The company's competitive moat rests on 20+ years of brand equity, 15+ industry awards including FIABCI World Prix d'Excellence (2021, 2024) and European Property Awards, prime land positions in scarce Budapest districts, mega-project scale at flagship sites, and operational fluency with Hungarian housing subsidy programs. Ownership is private (despite the Nyrt. legal form, no exchange listing exists); the founder and CEO is Tibor Nagygyörgy. Headcount is 5,001-10,000 employees, and the company is structured under Biggeorge Property Nyrt. with operational subsidiary Biggeorge Homes Zrt.

Name

Biggeorge Holding

Legal name

Biggeorge Homes Zrt.

Website

https://biggeorge.hu

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Biggeorge Holding is one of Hungary's largest privately-owned residential and commercial real estate developers, building and selling 13,625+ apartments across more than 10 active projects in Budapest and at Lake Balaton, serving Hungarian homebuyers and property investors with mid-market to premium offerings.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

akta.pro secondary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential real estate development
• New construction apartments
• Property investment
• Commercial real estate
• Property management services

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. New residential apartment sales: Primary revenue from development and sale of new residential apartments across Budapest and Lake Balaton region. Properties include studios, 1-5 room apartments ranging from HUF 49.8 million to HUF 459.9 million. Sales model includes registration fees, installment payment schedules, and final purchase agreements.
2. Commercial and retail unit sales/rentals: Sale and rental of commercial spaces (shops, offices) within residential developments including Waterfront City, Westside Grand, and Cosmo Residence. Spaces range from 14-105 m2 in Budapest districts 3 and 13.
3. Property management and rental support services: Services for existing clients including data verification, rental support through partner Nyolcas.com for investment property owners. External partner provides full rental management from property assessment to complete operation management.
4. Parking and storage unit sales: Sale of parking spaces and storage units in residential developments. Pricing ranges from HUF 8.6 million to HUF 12.9 million plus VAT per parking space.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Core offering

Biggeorge Holding is a Hungarian residential real estate developer that plans, constructs, and sells new-build apartments across a portfolio of named developments in Budapest (Districts 3, 11, 12, 13) and the Lake Balaton region (Siófok, Balatonszemes). The company sells apartments directly to individual homebuyers and investors, complemented by commercial/retail units, parking spaces, storage units, and ancillary financing and rental management services.

Product overview

Biggeorge Property (Biggeorge Property Nyrt.) is a Hungarian real estate development company operating a multi-project residential portfolio across Budapest and Lake Balaton. The portfolio consists of distinct named residential projects — Amphora Garden, Árnyas Villa Suites, Capri Residence, Madeira Residence, Cosmo Residence, Waterfront City, Westside Grand, Újbuda Garden, Újbuda Residence, Silverbay Residence, Szemesbay Resort, and Westside Garden — each managed as a separate product with its own brand identity, dedicated webpage, apartment listings, and delivery timeline. Beyond residential units, the company offers complementary products including commercial/retail units, underground parking spaces, and storage units. Ancillary services include financing advisory (via OC Pénzügyek Hitelközvetítő Kft.) and rental management support (via Nyolcas.com). The portfolio spans properties at various lifecycle stages from pre-sale through delivery, with financing options including CSOK Plusz and brownfield VAT refunds. The company also publishes a property search tool (Lakáskereső) and map-based search (Térképes kereső) as customer-facing web tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Amphora Garden Modern residential development in Budapest, District III, featuring 297 apartments (studios to 3-bedroom units, 25-110 m2) and 9 commercial units with Scandinavian-modern architecture, connecting bridges between building units, and an internal communal garden. Targeted at individual homebuyers and eligible for Otthon Start FIX 3% mortgage. Delivery planned for H2 2028.
• Árnyas Villa Suites Premium residential development in Budapest, District XII (Hegyvidék), comprising 6 villa buildings with 102 apartments (52-132 m2, 2-4 bedroom units) on a 2-hectare landscaped park. Features Veneta Cucine Italian kitchens, private gardens, and terraces. Prices from HUF 164,500,000 for 2-room units up to HUF 459,900,000 for 4-room units. Delivery in H2 2026.
• Capri Residence Residential building in Budapest, District XIII, offering 112 apartments (studios to 4-bedroom units, 31-106 m2) with glass-railed terraces, city panorama views, underground garage with 122 parking spaces and 62 storage units, and EV charging capability. Prices from HUF 65,856,000 for 1-room units. Delivery planned for H2 2027.
• Madeira Residence Residential development in Budapest, District XI, offered in pre-sale phase as part of the Újbuda area portfolio.
• Cosmo Residence Residential development in Budapest, District XIII (Újlipótváros), offering 230 modern, energy-efficient apartments with commercial units included. Delivery planned for H1 2027.
• Waterfront City Large-scale master-planned urban quarter on the Danube waterfront in Budapest, District III (Óbuda), spanning 5 hectares with multiple phases (up to Phase 8) offering approximately 1,374 new homes across 15 buildings. Features a promenade connecting to Óbuda Fő tér and the Óbuda Promenade along the international cycling route, with commercial, service, and office units on ground floors. Phases 1-4 already delivered. Brownfield-area eligible for 5% VAT refund.
• Westside Grand Residential complex in Budapest, District XIII (Ferdinánd neighborhood), near Westend Shopping Center and Nyugati Railway. Includes multiple phases (1-2+ phases). Located in a brownfield (rozsdaövezeti) action area eligible for 5% VAT refund. Ground floor commercial units available.
• Újbuda Garden Residential development in Budapest, District XI, located in a brownfield (rozsdaövezeti) action area eligible for 5% VAT refund. Part of the Biggeorge Property Újbuda portfolio.
• Újbuda Residence Residential development in Budapest, District XI, on the Danube embankment. Located in a brownfield (rozsdaövezeti) action area eligible for 5% VAT refund. Note: apartments and parking spaces must be purchased together.
• Silverbay Residence Waterfront residential development in Siófok on the Deák Ferenc promenade, directly on Lake Balaton (Balaton's Silver Coast), featuring 69 uniquely designed apartments (31-144 m2, 1-4 bedroom units) with private gardens, terraces, and rooftop panoramas. Outdoor pool, underground parking with lift access. Prices from HUF 94,200,000 for 2-room units. Delivered — immediate move-in available.
• Szemesbay Resort Lake Balaton waterfront resort in Balatonszemes, directly next to the harbor. Two buildings with 152 apartments (32-104 m2, 1-4 bedroom units), outdoor pool, jacuzzi, sauna, and private terraces. Prices starting from HUF 144,900,000 for 3-room units. 95% sold. Delivered — immediate move-in available.
• Westside Garden Residential development near City Park (Városliget) in Budapest. Delivered in 2023 with 159 apartments.
• Parking and Storage Units Underground parking spaces and storage units available for purchase at various residential projects. Pricing ranges from HUF 8.6 million to HUF 12.9 million plus VAT per parking space.
• Commercial Units (Retail/Office) Retail and office spaces for sale and rent at Waterfront City (District III), Westside Grand (District XIII), and Cosmo Residence (District XIII). Sizes range from approximately 14-105 m2. Custom fit-out options available based on buyer requirements. Financing supported through KAVOSZ Széchenyi Mikrohitel MAX+ program via BG Finance Zrt. partner.
• Financing Services Individual financing solutions for new homes provided through partnership with OC Pénzügyek Hitelközvetítő Kft. (loan broker), including mortgage advisory, CSOK Plusz (family home creation subsidy up to HUF 50 million), favorable payment schedules, and 5% VAT refund assistance for brownfield properties. Advisors can present current borrowing options in 30 minutes.
• Rental Support Services (Bérbeadási támogatás) Rental management support for investor clients, provided through Nyolcas.com external partner. Offers comprehensive solutions from property condition assessment to complete management, handling approximately 1,500 properties and over 3,000 tenant placements over 10+ years.

Quantifiable outcome

• 13,625+ apartments delivered or in development
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core, strategic and premium.

• OC Pénzügyek Hitelközvetítő Kft. (Otthon Centrum Hitel Center)coreImplementation/ SI/ Consulting PartnerLeading Hungarian loan intermediary with broadest banking and financial institution network in Hungary. Provides free loan and insurance intermediation services. Advisors can present current borrowing options in 30 minutes. Supports full loan application process from pre-qualification to disbursement. Located in Budapest with branches nationwide.
• KAVOSZ Zrt.strategicGTM or Marketing PartnerState-supported microcredit provider. Distributes Széchenyi Mikrohitel MAX+ program for small and medium enterprises purchasing commercial spaces. Partner BG Finance Zrt. also participates in credit program distribution.
• BG Finance Zrt.strategicGTM or Marketing PartnerFinancial partner in Széchenyi Mikrohitel MAX+ distribution. Supports commercial space buyers with favorable financing terms for small businesses.
• Nyolcas.comcoreImplementation/ SI/ Consulting PartnerExternal rental management partner supporting investment property buyers. Offers complete solution from property assessment to full management. 10+ years experience, manages 1,500+ properties, 3,000+ tenant placements.
• Veneta Cucine / SolInfo GrouppremiumStrategic or Co-development PartnerItalian kitchen manufacturer partnered with SolInfo Group for Árnyas Villa Suites premium apartments. Provides individually designed and installed kitchens with clean, minimal design and outstanding functionality. Represents premium positioning for the project.

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Regional players

• GTC (Globe Trade Centre): Real estate developer focused on office and retail properties across CEE (Hungary, Poland, Romania, Serbia, Croatia, Bulgaria). Comparable as a regional real estate platform with Hungarian exposure, though primarily in commercial rather than residential segments.
• Granit Polus (now part of NEPI Rockcastle): Hungarian-origin real estate developer with major retail and mixed-use projects. Comparable as a Hungarian-headquartered developer with multi-decade presence and similar large-scale project execution experience, though focused on commercial rather than residential.

Direct peers

• Futureal Group: Hungarian real estate development group active in residential and commercial developments across Budapest and CEE. Direct peer operating in the same geographic market with overlapping product types (apartments, mixed-use) and similar scale of project pipeline.
• Cordia International: One of Hungary's largest residential developers, operating across Budapest and other CEE markets (Poland). Directly comparable as a major Central European residential developer building new for-sale apartments at scale, with similar target buyer segments and project-based revenue model.
• Wing (Wing Zrt.): Major Hungarian real estate developer with significant office, retail, and residential projects in Budapest. Comparable as a large-scale Hungarian developer with multi-decade track record and similar project-based development model, though more weighted toward commercial.

Broad incumbents

• CPI Property Group: One of the largest owners of income-generating real estate in Central Europe with residential exposure. Comparable as a major CEE real estate player, though more weighted toward commercial/income-producing assets than for-sale residential development.
• NEPI Rockcastle: Central and Eastern European real estate investment and development platform with retail and office focus. Comparable as a major CEE real estate group, though primarily focused on income-producing commercial assets rather than new-build residential sales.
• HB Reavis: Central European real estate developer with operations in Hungary, Slovakia, Czech Republic, and Poland. Comparable as a regional developer with similar large-scale mixed-use and residential projects, though broader geographic footprint than Biggeorge.
• Skanska Hungary: Hungarian subsidiary of Swedish construction giant Skanska, active in residential and commercial development in Budapest. Comparable as a large established player with residential offerings in the same Budapest market, drawing on international parent capabilities.

Others

• OTP Ingatlan (OTP Real Estate): Hungarian real estate agency and advisory arm of OTP Bank, focused on residential brokerage and intermediation rather than development. Comparable as a Hungarian residential real estate intermediary in the same buyer market, though operating as a sales channel rather than developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC_Dmu8GXK81LTa6k1VUweSw/videos
• Facebookfacebook.com/biggeorgeproperty
• LinkedInlinkedin.com/company/biggeorge-holding
• Instagraminstagram.com/biggeorge_property
• TikToktiktok.com/@biggeorge_property

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biggeorge Holding