Client testimonial
Buying a home abroad can be a potentially tricky business. There's liaising with the many intermediaries; estate agents, lawyers, builders, finding competent carpenters, plumbers and electricians, cleaning and list is endless… HELPERS have made this process as easy as you can possibly imagine!
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.
Property sale in Hungary: How to sell your apartment as an expat?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.
In some areas, like the central districts of Budapest or the Buda Hills, market analysts expect about 15% growth in the coming years.
Helpers is more than a real estate agency, which is a good thing for our clients because real estate agencies in Hungary represent the seller, not the buyer. We, on the other hand, regularly survey offers on the market (both through agent partners and through our extensive network) to find the most promising, trustworthy deals for you. Buying a property through us is a secure, convenient, and easy process – our advisors will be by your side from start to finish to make sure you will be happy with your purchase.
The real estate market in Budapest is characterized by rising property prices, lucrative short- and long-term rentals, yielding an average of 8% ROI for the investor.
Purchase prices and rental fees of medium-sized apartments increase at the fastest rate because they can be suitable for both long-term and short-term rental.
We focus on three categories of residential real estate:
Crucially, you pay nothing until a deal is finalized and signed — and before you commit, we will calculate the total cost for you.
Your costs will be made up of the following:
Success fee (payable only if a deal is finalized): 2% of the purchase price
Legal fees: max. 1% of the investment
Registration tax: 4% of the investment
Purchase licenses, documents: EUR 200 (+VAT if applicable)
If you would like to get an estimate of the cost structure in advance, please consult with our investment advisor!
Additional services for property buyers:
If you’re buying a property through Helpers, you become eligible for significant discounts on our property management packages — please click here for details.
Once you have found a flat you like, you make a down payment and we start the application for the purchase license, which typically takes 5-6 weeks.
In case of selling real estate, personal income tax must be paid on the income from the sale. From 1 January 2016, the domestic personal income tax rate on property sales is 15 %, but the amount of required tax depends on several factors; please contact us for details.
Any foreigner can buy a residential property in Hungary but buyers who are not EU nationals require a license, which we are happy to acquire for you as part of our service.
Contact us to arrange a free consultation with one of our advisors to start looking for your dream apartment in Budapest!
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Fill in our form and let us know your budget and the purpose of your intended purchase, and we will contact you with current offers!
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