Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How can foreigners purchase property in Budapest?

April 26, 2017Budapest foreigners Property purchase

0

Posted

How can foreigners purchase property in Budapest?

1 Answer

0

Posted

There are two options for foreign investors to buy property in Budapest: The buyer can apply for a permit as a private person. In order to get this permission, you have to submit an application to the local authorities to acquire the properties. This procedure will cost you about 250.The other option is to establish a local Hungarian company, normally a limited liability one. This option is recommendable if the buyer wishes to purchase several properties.