Serviced offices in Hungary

It is very difficult for a foreigner to buy a property in Hungary, but those who have worked and lived in this country for several years are given consideration. An application and a permit to be issued by the Hungarian state are the most important requirements a foreigner to acquire some properties in Hungary with a fee of about 50,000 FT payable to the nearest Metropolitan or County Administrative Office. Read More >

When renting a Hungarian property, a tenancy agreement will usually be signed by the tenant and the landlord and the former is expected to give an upfront cash outlay of 2 to 3 months in advance payment plus rent for the first month of stay. Reading carefully the details of the tenancy agreement will help clear some issues regarding tenancy. Usually, the agreement will be written in two languages so as to address language differences and avoid legal issues. Read More >

Properties in Hungary are mostly privately owned and freehold. Because of this, prices have been rapidly increasing over the years. Aside from Budapest, another city that is a favorite among foreign investors is Balaton, a place where resorts and hotels are most popular for Hungarians and foreigners alike. Residential values in Hungary are usually below €15,000, with the real estate agent payment getting 3-5% plus a 20% VAT to be paid by the buyer. Read More >