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Sotheby’s International Realty Expands in Hungary

Sotheby’s International Realty Expands in Hungary

Portland, Maine (June 2025) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company with offices in PortlandKennebunkBrunswickDamariscottaCamden, and Northeast Harbor, celebrates the expansion of the Sotheby’s International Realty® network with the opening of of Hungary Sotheby’s International Realty, marking its 197th office in Europe and further strengthening its presence across the continent.

Headquartered in Budapest, Hungary Sotheby’s International Realty will service the luxury residential market throughout the capital, the surrounding regions, and the iconic Lake Balaton area—often referred to as the “Hungarian Riviera.” The company is owned by Andrew Manukovski, a highly respected real estate professional with over three decades of industry expertise, and is operated jointly with Viktoria Toth, CEO. Manukovski also owns and operates Kazakhstan Sotheby’s International Realty and Cyprus Sotheby’s International Realty.

Hungary’s luxury property market has experienced significant growth, driven by strong demand from both domestic and international buyers,” said Philip White, president and CEO of Sotheby’s International Realty.Budapest, with its stunning architecture, cultural offerings, and flourishing culinary landscape offers competitive real estate investments compared to other European capitals. Coupled with a favorable tax environment, Hungary presents a compelling opportunity for discerning buyers. We are thrilled to continue working with Andrew and his team as they expand and look forward to supporting their success through the power and global reach of our brand.”

“With Hungary’s blend of historic grandeur and modern sophistication, the real estate offerings are as diverse as they are distinguished. From elegant estates and castles to picturesque vineyards and lakeside retreats, the country presents a rare opportunity for selective purchasers,” said Manukovski. “From the timeless beauty of Budapest to the tranquility of Lake Balaton, we see immense potential in showcasing the country’s most extraordinary properties to a global audience. Our mission is built on integrity, expertise, and an unwavering commitment to service excellence. Through our affiliation with Sotheby’s International Realty, we aim to transform the real estate experience in Hungary and elevate the expectations of buyers and sellers alike.”

The Sotheby’s International Realty® network currently has more than 26,200 affiliated independent sales associates located in 1,100 offices in 85 countries and territories worldwide. Hungary Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and [email protected]. Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, is Maine’s leading luxury and lifestyle property company with six offices and more than 100 agents serving Maine and New Hampshire’s coastal, lake, and mountain communities.

Offices Located at:

2 City Center, Portland, ME 04101 // 207.780.8900 (Greater Portland Maine Real Estate)

150 Port Road, Kennebunk, ME 04043 // 207.967.0934 (Southern Maine and Seacoast New Hampshire Real Estate)

141 Maine Street, Brunswick, ME 04011 // 207.729.2820 (Mid Coast Maine Real Estate)

40 Main Street, Damariscotta 04543 // 207.563.2775 (Boothbay Harbor, Damariscotta and Bristol Regions Real Estate)

46 Bay View Street, Camden, ME 04843 // 207.230.1003 (Camden, Rockport, and Knox and Waldo County Real Estate)

6 Neighborhood Road, Northeast Harbor, ME 04662 // 207.780.8900 (Mount Desert Island, Hancock and Washington County Real Estate)

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