Question 1

How long does the whole purchase usually take?

Accepted Answer

Once the property is chosen and the purchase price is available, the whole process can usually be completed within a few weeks — normally in no more than 1 to 1.5 months. The exact timing depends on the terms of the contract and on the handover date.

Question 2

Do I have to travel to Hungary for a viewing?

Accepted Answer

We recommend viewing the property in person. We arrange the appointment, accompany you on site, translate and help clarify every important question.

Question 3

What does HomeAssist cost?

Accepted Answer

The service fee is 2.8% of the purchase price. One service, one price — no tiered packages. Third-party costs – the lawyer, translator or transfers, for example – are billed separately.

Question 4

Do I get my own contact for the whole process?

Accepted Answer

Yes. Throughout the purchase, one dedicated contact coordinates the necessary steps with you.

Question 5

What happens after the purchase and the handover?

Accepted Answer

We help with the handover, with recording the meter readings and with arranging utilities and any further administration.

Question 6

May a German or other EU citizen buy property in Hungary?

Accepted Answer

Yes. As a rule, EU citizens may buy residential property in Hungary on the same terms as Hungarian nationals.

Question 7

Do I need a Hungarian address?

Accepted Answer

No. You can buy property without a Hungarian address.

Question 8

What is the lawyer's role in the purchase?

Accepted Answer

The lawyer checks the legal situation, draws up the sale contract, countersigns it and handles the required land registry procedure.

Question 9

What language is the sale contract drawn up in?

Accepted Answer

For German-speaking clients the sale contract is drawn up in both Hungarian and German, so you know exactly what you are signing.

Question 10

How are the property's legal situation and encumbrances checked?

Accepted Answer

The legal check is carried out by a lawyer. It covers ownership, encumbrances, usufruct rights and the property's registration status, among other things.

Question 11

How much is the property transfer tax?

Accepted Answer

When buying residential property, the general transfer tax is 4% of the market value assessed by the Hungarian tax authority (NAV). In certain cases a reduction or an exemption may apply.

Question 12

What additional costs should I expect beyond the purchase price?

Accepted Answer

Typically: property transfer tax, lawyer's fees, land registry and administrative charges, translation or interpreting, and the HomeAssist service fee.

Question 13

Can I pay in euro?

Accepted Answer

Yes, if you agree that with the seller. The payment currency and the exchange rate applied must be set out clearly in the sale contract.

Question 14

Do I need a Hungarian bank account, and how is the purchase price paid?

Accepted Answer

A Hungarian bank account is usually not required. The purchase price can be paid by bank transfer, in the currency and on the schedule set out in the contract.

Question 15

Which Hungarian regions are most popular with foreign buyers?

Accepted Answer

The Balaton region, Budapest, western Hungary and the areas around the thermal spas are particularly sought after. The right region always depends on the purpose of the purchase.

Question 16

What should I watch out for when buying at Lake Balaton?

Accepted Answer

The exact location, the distance from the shore, year-round access, utility connections, the condition of the building and the property's legal status all matter.

Question 17

Can the property be used year-round?

Accepted Answer

Not every holiday home is suitable for year-round use. Check the heating, insulation, utility connections and winter access, among other things.

Question 18

How should I choose a property as an investment?

Accepted Answer

Location, demand, lettability, running costs, the condition of the property and its expected value retention are the most important factors.

Frequently asked questions

Process & support

Legal & safety

Costs & taxes

Property & region