Why savvy investors have started selling their Budapest properties in 2019
Low entry points and yields of up to 8% have made Budapest a real estate investor’s darling. But as the global economic boom and national GDP growth projections slow, alert property investors and economic institutions are becoming wary of signs the market will turn.
In 2017, The Guardian listed Budapest in the top 10 fastest growing property markets in the world. Today, the city continues a now 5-year streak as a rising real estate investment favorite, with the Telegraph recently crowning it Europe’s top place to invest in property.
A guide to fees and taxes on Budapest real estate investments
Buying property in Hungary is a fairly standard process. In such cases, the profit is in the details. Investors can make the most sound financial decision by diving deep beyond Budapest real estate prices, and into the nitty gritty of expected fees and tax rates for different entities.