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!

Timothy Waskett Owner of a Budapest apartment

Blog/News

How to easily profit from tourism in Hungary

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.

How do I find a place to stay as a student in Budapest?

As a student at Hungarian university, you have a range of accommodation options depending on your budget and your preferences. You can surely find a place to stay based on that.

Useful Tips

In some areas, like the central districts of Budapest or the Buda Hills, market analysts expect about 15% growth in the coming years.

Budapest apartments

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.

Buy an apartment in Budapest

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.

Property for sale

We focus on three categories of residential real estate:

  • downtown apartments in a central location and (typically) classic European-style building
  • fully renovated luxury apartments in a prime location, ready to be let out either short- or long-term
  • houses or villas on the Buda side, typically in the hills, suitable for expat families, top executives or diplomats
Pricing

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.

FAQs

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.

Ask for a Quote

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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