Buyers Guide to Hungary

• Hungary has experienced a steady and consistent property growth over the last 4 years.
• Stamp Duty: 60,000 - 120,000 EUR subject to 6% charge; upwards of 120,000 EUR, the first 16’000 is subject to 2% and 6% on the balance thereafter.
• Hungary has one of the lowest rates of corporation tax in Europe at 16% and 25% Capital Gains tax.
• Budapest accounts for 60% of all commercial activity for the country hence booming popularity amongst the investors.
• Properties may be purchased in Euros which allows investors to offset risk of devaluation on currency change over.
• Euro Mortgages are available for up to 80% of the property value for foreigners with interest rates currently starting at 4.6%.
• Budapest accounts for 70% of Hungary’s total FDI