4-bedrooms second-hand townhome 145 m² in Budapest

Budapest, Hungary

Property Details

Budapest, Hungary

This charming 4-bedroom townhome, spanning 145 m², is located in a desirable neighborhood of Budapest and offers an abundance of natural daylight throughout the day. The property, though older, is in excellent condition, combining classic architectural details with modern comforts. Each room is generously sized, making it perfect for families or those looking for a spacious home. Large windows in every room invite in plenty of sunlight, creating a warm and welcoming atmosphere. The living space is thoughtfully laid out, with ample room for both relaxation and entertainment. This townhome also presents an excellent rental opportunity, given its location and size. Its proximity to key amenities and public transport makes it ideal for long-term tenants or Airbnb guests. Whether you’re looking to invest or settle down in Budapest, this property offers the perfect blend of classic charm, space, and investment potential.

Location

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Frequently Asked Questions

Can foreigners buy property in Hungary?

Yes, foreigners can buy property in Hungary. However, non-EU citizens must obtain a permit from the local government before finalizing the purchase. This process is generally straightforward and takes around 1-2 months.

What are the additional costs when buying property in Hungary?

Besides the purchase price, buyers should budget for around 4-10% in additional costs. These include a 4% property transfer tax, notary fees, legal fees, and potentially real estate agent commissions, which can be 2-5%.

Can I get a mortgage as a foreigner in Hungary?

Yes, foreigners can apply for a mortgage in Hungary, although it may be more challenging for non-residents. Banks typically require a down payment of at least 30-50% of the property’s value and consider the applicant’s financial background and creditworthiness.

Is there a residency requirement for property ownership in Hungary?

No, there is no residency requirement for foreign property buyers in Hungary. You can own property without living in the country, making it an attractive option for international investors.

Are there any taxes on rental income from property in Hungary?

Yes, rental income is subject to taxation in Hungary. The rental income tax rate is currently 15%, and landlords must declare this income in their annual tax returns. Some expenses related to the property may be deductible.