Properties for sale Hungary

Costs when buying property in Hungary?

- Lawyer 1% of the purchase price of the property
- Land register excerpt 10 Euro
- entry in the land register 20 euros
- Property transfer tax depending on the type of property:
- undeveloped land, development within 4 years 0%
- Detached house and apartment to 4 million forints 2%
- Detached house and apartment from 4 million forints 6%
- Hotel, wine farm, commercial real estate etc. 10%
- Property tax depending on the municipality
- VAT in Hungary: 27%

Purchase contract in Hungary:
According to ITDH, the purchase takes place in written form via notary or lawyer admitted in Hungary, costs 1% of the purchase price.
Within 30 days after signing, the contract of sale must be submitted to the competent land registry office. Registration takes about 6 months.

Industrial equipment in Budapest