Tibor Pal

Property Development Manager

PA Development KFT
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PA Development KFT

Márton utca 21. fszt 6

Budapest - Budapest,

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Tibor Pal

PA Developments Kft.


Downtown Budapest, where PA Developments concentrates its sales, marketing as well as properties management operations, is one of the most beautiful and most visited cities in Europe. Stunning turn of the century historical buildings are located on the banks of the Danube River, where romantic narrow streets provide an impressive visual impact for visitors. Budapest has been voted top tourist destination in Europe, not only because of the attractions, but also because of the unique spas and Hungaricum’s like Brandy, Spritzers, Goulash and the famous Rubik’s Cube. Walking down Andrassy Boulevard we can feel as if we are walking in the Paris of the East, although quieter, intimate and much more romantic, as it provides a very human experience to its visitors. Budapest is very much a Lifestyle city as 7.2 million visitors in 2013 put it, with its non-stop entertainment opportunities and plethora of festivals and events.



Budapest is located in central Europe, in a perfect location allowing everyone just a short 1-2 hour flight to some of the best sights around every corner. The Carpathian Mountains in the east and the Alps in the west offer a unique microclimate found nowhere else in Europe. Most of Hungary’s beauty lies just beyond the hills in Lake Balaton, which is the continent's largest freshwater lake, harbouring vast amounts of natural and thermal spring water found just below the surface Budapest is the SPA capital of the world.


In addition to this, Hungary is the commercial center of the Eastern Region as a multitude of investors as well as Multinational Corporations (Audi, Mercedes, Flextronics, Microsoft, and Richter Gideon) can be found all around Budapest which aids in the economic development of Hungary year after year.



For the past decade, the founders of PA Developments have mastered the intricacies of Budapest’s downtown core managing some of the most prestigious properties and very important high profile clients. We constantly upgrade our knowledge of the city, building practices and follow the latest construction trends, allowing us to expand our database of clients to whom we provide a small but reliable and extremely efficient team of experts never compromising for quality.



Tibor Pal, who is PA Developments managing director as well as a mechanical engineer by trade, understands the intricacies of building maintenance and construction. He constantly keeps up to date with the latest trends by attending various trade shows and conferences on building materials and supplies as well as takes a hand on approach to the construction process. Tibor overseas the entire process from building selection to city approvals, product and material ordering, construction process and final delivery to clients. Currently PA Developments is working on many new construction projects which are taking place within rooftops of historical buildings which is quite the latest loft style trend in Budapest.


Krisztian Katona is PA Developments Property Development Manager. A native of Budapest Hungary has spent the last 3 decades between Canada and Hungary, living in Toronto and Vancouver building relationships wherever he goes. He brings a new approach to the Real Estate market here in Budapest utilizing his North American skills to build relationships which helps him acquire more properties and find unique projects that are not readily available to average investors. He fulfills his client’s requirements of asset management and protection through his network of advisors and partners here in Budapest Hungary and abroad.

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