Property · A practical guide
Buying property in Budapest: a guide for international buyers
From apartments on Andrássy Avenue to flats in the Jewish Quarter, Budapest attracts many international buyers. Here is how the process works.
Updated October 2026
Who can buy
Citizens of EU and EEA countries can buy residential property in Hungary on largely the same terms as Hungarians. Buyers from outside the EU usually need a permit from the local government office before the purchase can be registered. Agricultural land is subject to separate, strict rules.
The buying process
In Hungary, a property purchase contract must be prepared or countersigned by a lawyer, who also handles the registration in the land registry. Choose your own independent lawyer.
- Instruct an independent lawyer
- Check the land registry title for ownership, mortgages and restrictions
- Sign the contract, countersigned by the lawyer, and pay the deposit
- Obtain a permit if you are buying from outside the EU
- Your lawyer registers the purchase in the land registry
- Pay the property transfer duty when the tax authority issues its assessment
Taxes and costs
Buyers usually pay a property transfer duty of 4% of the purchase price, with reductions or exemptions in some cases, such as some new homes. Budget also for the lawyer’s fee, the land registry fee and translation, and confirm everything in writing before you commit.
Choosing an estate agent
Ask any estate agent about their experience with international buyers and for a written agreement setting out their fee and services. The agent usually works for the seller, so rely on your own lawyer for the legal checks.
Renting your property
Short-term rental rules in Budapest have changed in recent years, and some districts have restricted holiday lets. Check the current rules for your district with your lawyer before you buy a property to rent to tourists.
Questions and answers
Can foreigners buy property in Budapest?
Yes. EU citizens can buy residential property on largely the same terms as Hungarians. Buyers from outside the EU usually need a permit from the local government office.
Do I need a lawyer to buy property in Hungary?
Yes. A property purchase contract must be prepared or countersigned by a lawyer, who also registers the purchase in the land registry.
What tax do I pay when buying property in Hungary?
Buyers usually pay a property transfer duty of 4% of the price, with reductions or exemptions in some cases.
This guide is general information, not legal or tax advice. Rules change, so consult an independent lawyer before you buy.