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The first " Hungarian - Home" Real Estate Agency | ||||||
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Is rental income
taxed? Yes, income tax is
25%, to be paid in Hungary, after the rental
fee. What's the tax on
selling property? The purchase price and corresponding expenses are subtracted from the selling price, if the profit is not reinvested in property, income tax is 25% of the profit. In case of a company, however, only 18% corporate tax is to be paid.
How much do solicitors
charge? 1.5- 2% of the purchase price for preparing the contract of sale and obtaining the title from the Land Registry. | ||||||