Budapest Apartments
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.
Are you are planning to make a real estate investment in Hungary as a non-EU investor? Then consider complementing your investment with setting up a Hungarian company and applying for Hungarian residency.
The post Chinese investors interested in Hungarian real estate appeared first on HELPERS.
Tourism in Hungary is one of the most important and fastest growing industries, amounting to 1558 billion HUF in 2016. In 2015, 15.6 million tourists have visited the country, in 2016 it was 16.8 million. One of the simplest ways to profit from this industry is buying an apartment to use as a vacation rental.
The post How to easily profit from tourism in Hungary appeared first on HELPERS.