🇭🇺 Hungary

Property Taxes and Buying Costs in Hungary

Budget 4–6% on top of the price for a resale apartment. On a 60 m² apartment in Budapest (about €192,000) that is roughly €7,680–€11,520.

Costs when you buy

Property transfer duty
4% of value (2% on the part above HUF 1 billion)
VAT on new builds
5% on qualifying new homes until 31 December 2026 (transitional rules to 2030); 27% otherwise
Lawyer (countersigning the contract)
approx. 0.5–1% of price plus VAT
Land registry fee
Small fixed fee

Costs while you own

Local building tax
Set by municipality, often per m²; many municipalities levy none on homes

Tax on rental income

Rental income is taxed at Hungary's flat 15% personal income tax rate, with expenses or a flat-rate deduction.

Frequently Asked Questions

What taxes do you pay when buying property in Hungary?↓
Property transfer duty: 4% of value (2% on the part above HUF 1 billion). VAT on new builds: 5% on qualifying new homes until 31 December 2026 (transitional rules to 2030); 27% otherwise. Lawyer (countersigning the contract): approx. 0.5–1% of price plus VAT. Land registry fee: Small fixed fee.
What are total closing costs in Hungary?↓
Typically 4–6% of the purchase price for a resale apartment.
How is rental income taxed in Hungary for non-residents?↓
Rental income is taxed at Hungary's flat 15% personal income tax rate, with expenses or a flat-rate deduction.
Buying property in Hungary: step-by-step guide →
Property prices in Hungary →Apartments for sale in Hungary →Rental yield calculator →

Last reviewed 2026-10. General information, not tax or legal advice: rates change and often depend on region and buyer status, so confirm with a local notary, lawyer or tax adviser. Sources: CEE Legal Matters: Hungary extends reduced VAT rate for new homes, IBA: Hungary's new Guest Investor Programme.