{"id":755,"date":"2025-12-19T13:33:19","date_gmt":"2025-12-19T13:33:19","guid":{"rendered":"https:\/\/zsludov.com\/?page_id=755"},"modified":"2026-05-25T08:40:19","modified_gmt":"2026-05-25T08:40:19","slug":"real-estate-law","status":"publish","type":"page","link":"https:\/\/zsludov.com\/en\/real-estate-law\/","title":{"rendered":""},"content":{"rendered":"
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Real Estate Transactions<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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One of our core areas of expertise is handling transactions related to the sale, purchase, gifting, and exchange of all types of real estate located in Hungary. Below are the general terms and procedures for purchasing Hungarian real estate, based on current Hungarian law.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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PROCEDURES AND RULES FOR CONDUCTING REAL ESTATE TRANSACTIONS:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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The basis for acquiring ownership of real estate in Hungary is a contract and the registration of ownership in the real estate registry.<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Contract<\/b>
The contract (whether a purchase and sale, gift, or exchange agreement)\u00a0governs all matters related to the transfer of real estate: the parties\u2019 details,\u00a0<\/span>the property\u2019s details, the amount and payment schedule of the purchase price,\u00a0<\/span>the date of transfer of possession of the property, and so on.\u00a0<\/span>The contract is drawn up to facilitate the registration of the transferee\u2019s title.<\/span><\/p>

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Registration time<\/b><\/p>

The process of registering ownership in the real estate registry takes\u00a0anywhere from one to several months. Registration of the purchaser\u2019s ownership rights\u00a0<\/span>is possible only if the property owner has given written consent to transfer\u00a0<\/span>ownership to the purchaser. This is done either in the text of the contract\u00a0<\/span>itself or in a separate document, known as a\u00a0<\/span>\u00ab<\/span>\u201cpermission\u201d<\/span>\u00bb\u00a0for registration. If this document is missing,\u00a0<\/span>the buyer\u2019s application for registration of ownership will be denied.\u00a0<\/span><\/p>

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Purchase Permit for Foreign Citizens<\/b><\/span><\/p>

A foreign citizen is entitled to purchase\u00a0<\/span>Hungarian real estate provided they have a permit from the county administration;\u00a0<\/span>a purchase agreement alone is not sufficient.\u00a0<\/span>Currently, permits are issued to virtually everyone without exception; compliance with the formal requirements is sufficient:\u00a0<\/span>a purchase agreement, payment of a fee of 65,000 HUF, and submission of a notarized copy of the foreign passport.\u00a0<\/span>By law, the processing time for the permit is 45 days; in practice, it can take up to two months.\u00a0<\/span>\u0434\u043e\u0441\u0442\u0438\u0433\u0430\u0442\u044c 2-\u0445 \u043c\u0435\u0441\u044f\u0446\u0435\u0432.<\/span><\/p>

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State fee<\/b><\/p>

The buyer of real estate pays a one-time fee to the state budget equal to\u00a04% of the property\u2019s value as stated in the contract.\u00a0<\/span>The fee is paid in accordance with a decision issued by the tax office,\u00a0<\/span>which is sent directly to the buyer or their attorney, typically several months\u00a0<\/span>after the buyer\u2019s ownership rights have been registered in the real estate registry.<\/span><\/p>

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Income Tax<\/b><\/p>

Income from the sale of real estate is taxed at a rate\u00a0of 15% of the difference between the purchase price and the sale price of the property.\u00a0<\/span>The tax amount is reduced in proportion to the length of time the property has been owned.\u00a0<\/span>If the property is sold after being owned for 5 years,\u00a0<\/span>the income from the sale is not subject to tax.\u00a0<\/span><\/p>

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Title Deed<\/b><\/span><\/p>

The document that officially certifies property details\u00a0<\/span>(address, area, category, ownership information, encumbrances, etc.) is known as the property certificate.\u00a0<\/span>Any person can obtain a property certificate at any regional branch of the real estate registry;\u00a0<\/span>all that is required is to know the property\u2019s address and cadastral number and pay the fee.\u00a0<\/span>After the contract is signed but before it is executed, the property title deed indicates\u00a0<\/span>that the real estate sale and purchase procedure has begun,\u00a0<\/span>which prevents abuses such as the resale of the property or the registration\u00a0<\/span>of a mortgage or other encumbrances on the property.<\/span><\/p>

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Mortgage Registration<\/b><\/p>

To secure obligations arising from civil law contracts, such as a loan agreement,\u00a0the parties must enter into a mortgage agreement in addition to the loan agreement.\u00a0<\/span>Based on these two agreements, a mortgage right in favor of the lender\u00a0<\/span>lender is registered in the real estate registry.\u00a0<\/span>In the event of a breach of contractual obligations, the lender is entitled to exercise the mortgage right and seek,\u00a0<\/span>through the courts, the auction sale of the real estate, followed by the recovery\u00a0<\/span>of the amount owed to the lender from the proceeds of the auction sale.<\/span><\/p>

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Power of Attorney<\/b><\/p>

If the buyer or seller is unable to be present in person\u00a0at the signing of the contract, they may authorize another person to sign the contract on their behalf;\u00a0<\/span>this authorization must be certified by a lawyer or notary.\u00a0<\/span>If the signing takes place outside Hungary, it must be certified\u00a0<\/span>by the consular section of the Embassy of the Republic of Hungary.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

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