Budapest Apartments
When you buy real estate in Hungary, the relevant utility contracts do not automatically transfer to the new owner. You will need to take care of the utility transfer yourself, and for each utility provider separately. A service provider like Helpers can assist you with this as well as everything related to your property purchase.
The post Utility transfer in Hungary: a practical guide for foreign property buyers appeared first on Helpers Hungary.
Downtown Budapest has a unique property type that promises excellent investment opportunities whether you are looking for your next home in Hungary or a lucrative rental: historic properties in the beautiful residential buildings built in the late 19th century.
The post The potential of Budapest’s historic properties appeared first on Helpers Hungary.
When real estate investment in central Europe is discussed, Budapest is often compared to Vienna or Prague. For investors, main concerns include where you can buy real estate for a lower price, and where you can hope to achieve higher return on investment. Right now, Budapest is the answer to both.
The post Budapest is more popular for real estate investment than Vienna or Prague appeared first on Helpers Hungary.
Real estate is considered to be one of the safest type of investment. People will always need accommodation, and whether you buy for yourself or as a rental business, you will always be able to sell your asset with a profit. Hungarian real estate prices show a wide variety, depending on location, size, building materials, and other aspects.
The post Hungarian real estate prices for investment appeared first on Helpers Hungary.
If you are looking for a home in Hungary, make sure to ask the seller or the landlord for the energy performance certificate to get a better idea of what living in your new home will be like, and how much you should expect to pay for utilities.
The post When do you need an energy performance certificate in Hungary? appeared first on Helpers Hungary.
The application period for the Hungarian golden visa program starts only in July 2024, but you can and should already start looking for residential real estate in Hungary.
The post Start looking at properties for your Hungarian golden visa now appeared first on Helpers Hungary.
The application period for the Hungarian golden visa program starts only in July 2024, but you can and should already start looking for residential real estate in Hungary.
The post Start looking at properties for your Hungarian golden visa now appeared first on HELPERS.
To sell your Hungarian apartment, you will need a lawyer to create the contract between you and your buyer and to submit it to the land registry. You might also be required to pay a 15% personal income tax after the deal – however, this property sale tax might be reduced to zero in various cases.
The post Property sale in Hungary: How to sell your apartment as an expat? appeared first on Helpers Hungary.
If you are not a citizen of Hungary, you might need a property purchase license before you can finalize the deal – your lawyer can take care of it. After purchase, you will be required to pay property tax, which is normally 4% of the purchase price.
The post Property purchase in Hungary as a foreigner appeared first on HELPERS.
If you want to build lasting and fruitful business relationships locally, you should get familiar with basic business etiquette in Hungary. Show your respect towards your partners by being well-dressed, punctual, and polite.
The post Business etiquette for foreigners in Hungary appeared first on HELPERS.