Prices at rock bottom compared to other European capitals – This is the time to buy 9% corporation tax from 2017 – Investment friendly business environment Direct investment in the last years by big car factories and many others The Paris of Eastern Europe – 16,9 million tourists visited Hungary in 2016 Strategic location – Distribution point for multinational companies Flourishing rental market – Tenanted apartments rented for long term Yields […]
To purchase any type of land except arable land, a private person needs a permit from the district council of the local municipality, and in Budapest any purchase of property is subject to the approval of the Administrative Office (AOB). No restrictions apply to ownership of property by Hungarian legal entities. Hungarian law requires that real estate purchases shall be concluded through private contract (purchase […]
What’s the best place to invest in Europe? We often ask ourselves: How to invest in property? Is it a safe investment? The real estate market in Europe, even during the turbulent times of economic recession, was considered as a great source of invest opportunity. In 2017, despite many challenges, the property market is predicted to be even more profitable than the previous year. However, […]
