Properties

The rise of the digital nomad created a new type of demand on the Budapest real estate rental market. While traditional rentals are leased empty and for at least 12 months, digital nomads are typically looking for fully furnished apartments for shorter terms, providing investors new opportunities in the segment of mid-term rentals.

When you are planning property investment in Hungary, you should take into consideration not only the price of real estate, but also the taxes you will have to pay after purchase, rental, are sale. They will depend on various factors, including your tax residency and your long-term plans. As such, it makes sense to consult a tax advisor before you take the first step.

Do you have Hungarian permanent residency based on family unification? Check what kind of card you have. If you have the old, laminated card that was issued between August 3, 2016 and August 2, 2021, instead of the newer, plastic one, it will expire as of August 3, 2026. Other permits remain valid.