Client testimonial

Helpers lives up to their name. They are truly helpful and customer-focused. I have used their services on numerous occasions and have always been satisfied that I got value for money. If you have a problem to solve I would highly recommend talking to them.

David Newman Subsidiary Director
Budapest Airport

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.

Retire in Europe

Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.

Useful Tips

On December 15, 2015, the National Assembly lowered the VAT rate for new dwelling units to 5% from the previous 27%, in a further attempt to boost the property market.

Property investment

Helpers is more than real estate agency – our job is to represent our clients’ interest and find them the best possible deals, whether through our partner agents or through our extensive network. We focus on selected and pre-evaluated, often unlisted “insider” opportunities that you will not find anywhere else. Whether you are an acquisition agent searching for the perfect premises, or looking to buy an apartment in Budapest for your family, Helpers is here to assist you through every step of the process.

The Hungarian real estate market

Hungary and especially Budapest has experienced a real estate price boom in the last two years. In 2003 alone, more than 270,000 purchase contracts were signed, but the number of the transactions did not even reach 90,000 between 2009 and 2013. However, 2014 was a turning point when this indicator started to increase, and the number of deals exceeded 110,000 by the end of the year. 135,000 transactions were conducted last year, and 2016 promises to be even busier – so it’s a good time to look for opportunities.

Investment opportunities

In our portfolio, we have included apartments, houses, villas and a wide range of residential real estate, as well as commercial properties (offices, buildings, hotels and restaurants) exclusively selected from the biggest agency portfolios and other sources available to us through our extensive network.

Property management

Owning a property abroad can be tricky business, especially if you are not living in Hungary full-time. Don’t worry: our property management services are tailored to foreign home-owners and investors, and can turn your property ownership in Hungary into pleasant and trouble-free experience for you.

 

Pricing

Investment in residential or commercial property

When buying an apartment, a house, or any kind of commercial building through Helpers, you will pay only a success fee (and obligatory costs like legal and administrative fees).

Your costs will be made up of the following:

  • Success fee for residential property (payable only if a deal is finalized): 2% of the purchase price
  • Success fee for commercial property (payable only if a deal is finalized): 1-3% of the investment
  • Legal fees: max. 1% of the investment
  • Registration tax: 4% of the investment
  • Purchase licenses, documents: EUR 200 (+VAT if applicable)

Property management

Whether you want to rent out your apartment (either short or long term) or use it only when you are in Hungary, with our management, this will not result in any wear and tear.

Starting package

Price: EUR 240 (+VAT if applicable)
Includes:

  • Consultancy with our real estate advisor
  • Transfer of utilities contracts (electricity, gas, phone, water)

If you buy your property through Helpers, you will receive our Starting Package free of charge!

Starting package Plus

Price: EUR 420 (+VAT if applicable)
Includes:

  • Consultancy with our real estate advisor
  • Transfer of utilities contracts (electricity, gas, phone, water)
  • cable or satellite TV, internet
  • applying for home insurance

“Home management” package

Monthly fee: 12% of the rent
Includes:

  • periodic check-ups of the property
  • picking up mail
  • notifying you of any broken appliances or other required repairs
  • collecting rent from the tenant
  • paying the bills
  • representing you at building assemblies
  • serving as a general contact and keyholder for your property

“Vacation rental” package

Monthly fee: 35% of the total income
Includes:

  • 24/7 on-call and online assistance for guests
  • management of the advertisement with text, pictures, guidebook, etc.
  • management of check-in and check-out
  • cleaning
  • management of pricing (season, weekdays, Formula 1, etc)
  • management of calendar
  • providing amenities
  • “Welcome pack”
  • Hungarian mobile phone to keep contact with guests
  • regular maintenance work of the property

Additional services

Price: EUR 25/hour (+VAT if applicable)
You may require some additional services that are not included in the packages above. We are happy to help you with anything, please find some ideas below:

  • assembly of furniture
  • interior design
  • moving and packaging
  • finding repairmen and other providers
  • representing you at the apartment owners’ general meetings
FAQs

There are various issues to consider, including taxation, but we can help you calculate the costs for each option – you can buy as an individual, set up a Hungarian holding company, or (if the property is currently owned by a company) buy the current corporate owner. Discuss these options with us in advance, so you can make an informed decision!

If you are from outside the EU, you will need a permit for buying property in Hungary – but don’t worry, we will acquire this licence for you as part of our real estate service.

Since we are not a real estate agency, our sole interest lies in finding you the best deal (rather than trying to sell a particular property), so we are more than happy to help figure out the best option for you!

Ask for a Quote

If you give us some details about your requirements, we will be happy to provide you with some choices from our portfolio and to make some preliminary cost calculations. Please fill in our form!

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