Why invest in Hungary?
1st reason: Hungary is really a dynamic market
With 100,000 sales every year, Hungary is really a dynamic market with many types of property are available: you will find a lot of flat in city center able to achieve good rental yield (And not only in Budapest) or a quiet second home surrounded by beautiful landscapes
2nd Reason: The industrial, agricultural and commercial power
Located in the center of Europe, Hungary is considered as a country that has already emerged and the unemployment rate is very low (4.4%!).
Hungary has a great talent for attracting multinationals, investors and research centers.
3rd Reason: A very affordable price per m²
The purchase price per square meter is among the lowest in Europe (between € 700 and € 2,000). really comparable with a small city in Europe, but the prospects for grow are incomparable.
4th Reason: the buildings are very well made
If we except the housing built under the communist era (There are exceptions whatever), the Hungarian building has very good quality level.
One need only admire the result of the renovations in the center of Budapest, despite that all these buildings have not been maintained for 40 years!
A good renovation is enough to renew these solid buildings.
5th Reason: the rental yield
The rental yield (between 7 and 10%) is very high compared to France. There is good opportunity throughout the territory
6th Reason: more than reasonable taxation
- 0% tax on the capital gain on resale after 5 years
- There is no housing and land tax
- The registration fees during the acquisition is approximately 160 €
- Notary fees: maximum 7%
- The net rental income tax is 15%
- Income earned in Hungary is not taxable in France
- Very low inheritance tax rate
7th Reason: A well managed country
It is a quiet, prosperous and very safe country.
Hungary is one of the safest countries in Europe and properly monitors its borders
8th Reason: A similar Legal Framework
Hungary is a full member of the European Union and has benefited from legislative convergence with the rest of Europe since its entry into 2004
9th Reason: Respect for the investor
Hungary has always had a real land register, this is not like this in all the country !
A tenant who does not pay his rent can be evicted in less than 3 months, which limits by nature the temptation to no longer pay his rent.
The goal of the state is not to steal your income in the name of redistribution but to encourage you to invest more.
Hungarian banks have a security of assets on the accounts in Forint, Swiss Franc and Euro.
10th reason: The proximity
A rapid increase of low cost flight makes the possession of a second home more attainable than many european villages.
Budapest airport and all the other Hungarian airport offer more of 200 regular direct airline with europe, a lot of arabian countries and also one with Bejing in China !
11th Reason: Tourism
Hungary looks in some ways like Austria (in its lower part), while already opening the door to a world of spicy flavors, powerful wines and captivating gypsy music.
Hungary occupies the center of the Danubian Basin, alternating water cities, baroque cities and rural villages. Here, no grandiose landscapes nor too tormented. Delimited to the north-east by the Carpathians, Hungary leaves the summits to Slovakia and cultivates the sweetness of life in its plains or on the volcanic shores of Lake Balaton, which still attract many vacationers and spa-goers. Wherever it passes, the Danube is essential.
Hungary occupies a modest area, but that does not prevent it from being very rich culturally. It can not, of course, be circumscribed to its sublime capital, although it is the center of all points of view. One can not neglect its charming provincial cities, such as Szeged, Sopron, Győr, Kőszeg, Kecskemét, Eger and Debrecen ... which combine baroque, Art Nouveau and neoclassicism.
Lose yourself in the great Danubian plain to discover the riders of the Puzta and their herds of oxen with long horns, or explore the extensive networks of karst caves shared with the Slovak neighbor.
That’s why many tourists visit every year to this small country that has a lot to offer.