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New residence by investment programme in Hungary
- Exit strategy in 5 years
- 10-year EU residence permit with extension
- Ready in 21 days
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Residential property selections in Hungary
Tranio's team
Recommended by the Editorial Team
The Buyer's Guide
- Hungary property prices
- Buying property in Hungary as a foreigner
- Hungary mortgage rates
- Hungary tax rate for foreigners
- Property maintenance in Hungary
- Hungary residence permit requirements
- Hungary Golden Visa program
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FAQ about Hungary
What percentage of income will I have to pay as a management company fee if leasing a facility?
Everything depends on a number of certain factors. Management companies usually charge from 25% to 45%.
For everything to go smoothly and for you to be satisfied with the service provided, it is better
to consider a range between 30% and 33%.
Choosing the minimum percentage, you will naturally get a low-quality property maintenance. Neither will the management company do all the necessary paperwork on the owner's behalf or check the utility payments, and the property depreciation rate will be higher. This is why you shouldn't choose the minimum service plan.
Choosing the minimum percentage, you will naturally get a low-quality property maintenance. Neither will the management company do all the necessary paperwork on the owner's behalf or check the utility payments, and the property depreciation rate will be higher. This is why you shouldn't choose the minimum service plan.
How much do the utilities cost in summer and in winter (approximately)?
For a 65 m² apartment with residential Internet access, they cost about €120 per month. It is necessary to understand
that the costs differ between regions. The amount quoted is the regional average. The costs are the same
throughout the year. An average is paid every month, and the costs are recalculated based on the actual use once a year.
How much does a property insurance cost per annum in Hungary?
The average insurance cost ranges from €120 to €180 per annum.
How much do a property repairs cost in Hungary on average?
Complex repairs, including windows and heating system replacement, costs about €1,000-1,400 per square metre.
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