Real estate investment in Hungary
Hungary doesn’t limit sales of properties and land to foreigners, except for agricultural land and architectural monuments.
Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 3,4% every quarter. Seven years ago, an apartment of 100 m2 cost an average of €111,000, and today it is sold for €260,000.
€2,600
€500,000+
6—30%
How the residential property price index is growing in Hungary
Cost of a 3-bedroom apartment in Hungary
€1 million
Apartment in the centre of Budapest with a view of the Danube or the historical centre
€500,000
Apartment in the centre of Budapest
€200,000
Apartment outside the centre of Budapest
Hungary residency or citizenship by real estate investment
The Hungary Golden Visa is available from July 2024, leading to a 10-year residence permit. The investment options include a property purchase for at least €500,000.
The investor can add their spouse and children in the application. Upon making the investment, applicants and their families are granted residence permits, which allows them to live, work, and study in Hungary.
The permit can be renewed once for 10 more years.
If the investor lives in Hungary permanently, they can become permanent residents after 3 years. Citizenship becomes available to permanent residents after 8 more years.
Minimum real estate investment in Hungary
€500,000
For residential real estate
Only residential real estate is allowed to be purchased. Investors must obtain permission from the Land Committee: this can only be done through a lawyer who accompanies the transaction.
The property must be purchased after January 1st, 2025 to qualify for the Golden Visa.
Taxes and associated costs
Countries to buy a property and get residency or citizenship
We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
Malta
€300,000+
Permanent residency
6+ months
Show 12 properties
Grenada
$270,000+
Citizenship
8+ months
Show 18 properties
UAE
AED 750,000+
Residence permit
2+ months
Show 103 properties
Spain
€500,000+
Residence permit
5+ months
Show 35 properties
Portugal
Not limited
Residency after D Visas
6+ months
Show 68 properties
40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Alina Mishurenko, Editor-in-chief, content creator