If you need not a flat, but a home.

The first " Hungarian - Home" Real Estate Agency

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.

Must I pay ownership transfer fee in buying?

Yes. If you buy a flat from second hand (oldhome) you must pay:

From 0 Huf to 4Million Huf

2%

+From 4 Million Huf to buying price

6%

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.

  

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