There are various fees attached to purchasing Hungary property. Legal fees are charged at around 1%, agency fees, 3%, while stamp duty costs between 2% and 6%, however, there are some concessions for new-build properties in Hungary.Overseas nationals can generally obtain a mortgage of up to 70% loan-to-value (LTV) on Hungarian property and borrowing rates currently start from around 5.25%, on a typical tenor of 25 years. All loans are capital plus repayment.The current cloud surrounding the country’s economy, combined with the political discontent, amongst many of the local people, is a huge concern for overseas investors in property in Hungary. Any Hungary property investment should be perceived as long-term.A high-level of due diligence and caution is necessary before buying into the emerging Hungary property market.Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.
Price: £882,000
Type: House
Bedrooms: 7
Occupying a secluded location on theedge of one of Hungary’s largest cities only 40 minutes from the airport and 45 minutes from the heart of Budapest.
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Price: €110,000
Type: penthouse apartment
Bedrooms: 1/2
Penthouse Apartment with Panoramic Views Of Mihaly Square 51 sqm. 1-2 Bed’ Apartment Quality Apartment with practical layouts located in a rapidly developing part of Budapest in District 8 Next to the new Rakoczi Ter Underground Station.220
Price: €96,500
Type: Apartment
Bedrooms: 2
Central location with superb public transportation by the Haller Tram Boulavard and Ulloi Ut (Airport road) where the new ‘Office corridor’ of Budapest is planned, close to all amenities and to several universities and situated five minutes from the
Price: €69,000
Park Residence is the latest release of 407 apartments to be located in front of Sun Resort.
Price: €62,000
City Centre Park Project as the name suggests, could not be more central Situated next to Blaha Lujza square, one of the major traffic junctions in downtown Budapest, where underground, Trams, motor buses & 24 hour electric buses are located.220
Price: €56,000
Type: Studio, Apartments
The Corvin Project in Central Budapest is fast becoming the most popular and sought after investment primarily because of it's excellent location and the extremely competitive prices.
Price: €69,000 to €148,000
The Sun Resort project will consist of 259 apartments overlooking the bustling shops & restaurants of the largest inner city regeneration project in central Europe.
Price from: €69,000
Bedrooms: 1 & 2
The long awaited next phase is finally here, and won't disappoint those investors waiting to grab a piece of the Corvin Pie!
