Budapest property prices among the lowest in the European Union Although Budapest has seen a constant increase in property prices since 2014, it is still very competitive on a European scale. It takes on average around 2,500 € / m2 to buy an apartment in a central district of the capital.
Very favorable taxation when buying real estate in Hungary The first good news is that in Hungary there is no property tax or housing tax. These taxes never existed, and it is not on the agenda to introduce them.
The tax on income from real estate is only 15% in Hungary. Hungary applies a flat tax of 15% on the income of natural persons, whatever your income. Whether you generate € 10,000 or € 100,000 in real estate income per year, you will pay 15% tax. Through the acquisition of real estate by a Hungarian company, the corporation tax is only 9%