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How to be a smart investor to avoid unpleasant surprises in purchasing an apartment (flat, condominium), house, land or business properties in Hungary?

Let Budapest Real Estate Club manage your investments. To secure the successful deals of our clients we provide reliable business contacts to ensure your transaction goes smoothly and safely. For example, to purchase a property in Hungary with contract, it has to be done by the lawyer of the buyer. Lawyer of the buyer ("Your" lawyer) must protect and loyally respect the interests of their clients relevant to the legal rights and obligations. Budapest Real Estate Club focuses on long-term cooperation with our partners and taking care of long-term relationships with our clients. Choose consulting services by real estate consultant, agent, lawyer, tax advisor or real estate manager. The success of your investment depends only on you!

Real Estate Consultant

research, purchase, sale and lease

Real Estate Manager

long-term and short-term rental

Real Estate Lawyer

purchase, sale and rental

Immigration Lawyer

immigration issues

Tax Advisor

individuals and legal entities

Real Estate Agent

sell and lease

OUR TEAM OF EXPERTS

Real estate consultant

  • ● Supervise the transaction from beginning to end
  • ● Assist in research of high-yield real estate
  • ● Check and analyze documentation
  • ● Check on housing status
  • ● Background check on ownership and conditions
  • ● Advise in bargaining for the price
  • ● Recommendations on the terms of the contract
  • ● Recommendations on payment options
  • ● Supervision of transactions in the 10-20% down payment, final payment, receive keys and the entry into ownership
  • ● Offer on services of other professionals

Real estate lawyer

  • ● Check the property rights of the seller
  • ● Draw up purchase contract
  • ● Apply to Land Registration applications
  • ● Apply to tax declaration
  • ● Provide escrow account
  • ● Power of attorney (POA) or letter of attorney
  • ● Draw up lease contracts

Manager of short-term rental:

  • ●    Opening tax number and other registration
  • ●    Account admin services «Airbnb» and «Booking»
  • ●    Check in and check out guests
  • ●    Control on cleaning service
  • ●    Control on laundry service
  • ●    Minor repairs and maintenance

Real estate assistant:

  • ●    Renewal of the utility payments
  • ●    New owner registration for gas, water, electricity and internet
  • ●    Assistance to get home-insurance
  • ●    Check the mailbox and inform the owners about the letters / correspondence (possible translation into English)

Contractors:

  • ●    Construction contractors services
  • ●    Services of technicians
  • ●    Interior designer
  • ●    Delivery and installation of furniture

Immigration Lawyer:

  • ●    Consideration of individual cases
  • ●    Assistance in applying for visas
  • ●    Assistance in applying for a residence permit

Tax advisor or accountant:

  • ●    Company opening and registrations
  • ●    Tax returns to individuals
  • ●    Tax returns to legal entities

Real estate agent:

  • ●    Property for sale
  • ●    Property for long-term lease

Additional services

  • ● Interpreter
  • ● Driver
  • ● Cleaner

6 RULES INVESTORS SHOULD KNOW WHEN BUYING PROPERTY IN HUNGARY

How does the real estate market work?

Agencies and brokers receive commissions only on sales. Their goal is to

How to find high-yield properties and arrange appointments with sellers?

We recommend to use the service of an independent consultant who will prepare and arrange meetings with the seller. Many sellers speak only Hungarian.

Why better to do the background checks of property before making an offer to the seller?

When Hungarians purchase property, they first estimate the condition of the house and then the condition of the other apartments in this house. At times, sellers could hide information about the property condition. In a bad-luck case, all risks and obligations will be fully transferred to the new owner. Use Budapest Real Estate Club service, "Property Background Checks”, to enable you to analyze the risks ● Client receives thorough validation of property condition and ownerships rights. The buyer (after the entry into ownership) takes on all the responsibilities associated with the financial and legal responsibility. Receive all detailed information about the actual state of affairs, before (and not after) becoming the new owner.

How to make the right decision when choosing a property to buy?

Carry out proper due diligence. Do not make spontaneous decisions. Think about what you would do if you acquired property in your home country.

How to get a return on investment (ROI) in the shortest time as possible?

Client can choose any model on return on investment. For example, the " buy - renovate - sell " or "short-term and long-term lease." Calculate ROI and choose a reliable partner. If you do not plan to stay in Hungary and control your property by yourself, it makes sense to source a property manager. By our experience, the smaller firms are more responsible and provide a better quality service.

How to do safely purchasing transaction?

Property purchase must be carried out by "buyer's lawyer". The Lawyer draws the contracts and applies the Land Registration applications. To reduce therisks you need to find "your" lawyer, who will defend your interest to the seller in any legal obligations. Budapest Real Estate Club provides such a service. We provide reliable and trustworthy lawyers. All their lawyers have vast experience of working with international buyers. Reliable lawyers from the Budapest Real Estate Club, ensure your property transaction is processed safely and smoothly.