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A1 Real Estate Budapest is one of the premier real estate agencies in Hungary and your gateway to a successful property purchase in Budapest.

A1 Real Estate Budapest prides itself on having one of the largest selection of property for sale in the city center. We can offer an unsurpassed range in apartments, commercial and retail premises, warehouses and land with building permission. A1 Real Estate Budapest is Budapest’s most preeminent one-stop-shop for property investment, we are able to help you rent and manage your Budapest property as well as providing financing from Hungarian lenders.

If you are looking at property for sale in Budapest, Hungary, as a safe investment in the future for you and your family, then you have come to the right company. A1 Real Estate Budapest will help you through every stage of the purchase process by assigning a dedicated agent to you from the very start. Your agent will help you select the appropriate property for your budget and help you achieve the highest yields possible. All our agents are fluent in English and are trained specialists in Hungarian real estate counseling.


Dear John,

Yes, according to the current legislation, the VAT on newly built properties is 5%.
Please, be aware that this legislation expires on the 1st of January 2020 when VAT will be again 27%.
However, we are aware that the solution for avoiding to add the 27% VAT in case the sales of the properties will be after the 1st of January 2020, is to form another company which can purchase the properties from the company which was responsible for the building of the property. In this case the properties are qualified as used and no VAT is added on the purchase price.

Best regards,
Peter Haasz

 

Top Property

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A1 Real Estate Budapest is pleased to announce that property ID# 1454 is the A1 Property Of The Month

   

Mátray u.

ID# 1454

Budapest District 1. Classic Apartment for sale Price HUF 59.990.000

Area 128 m²

***AVAILABLE FROM EARLY OCTOBER 2017*** This is a bright, 128 square meter, 4 bedroom flat for sale in the 1st district. The flat is located in a classic building which has an elevator. The apartment is on the ground floor of a 5-floor building and has street and courtyard views, as well as a view of the private, 10 square meter terrace. It comprises of a spacious hall, living room, 4 bedrooms, a bathroom, a separate toilet, and a storage space. It is unfurnished and is in need of renovation. There is currently no kitchen or bathroom. If the kitchen were to be placed in the living room, to create an American-style kitchen, this would create the 4th bedroom. Three of the rooms look onto the quiet street. One bedroom, the toilet and the bathroom look onto the private terrace, and what was the kitchen looks onto the courtyard. The location is fantastic, as it is only a 5 minute walk to the Széll Kálmán tér transport hub, where one can find the M2 metro, trams and buses. Close by is the Mammut shopping center, which has all conveniences that the city centre can offer such as cafes, bars, restaurants, museums and banks. The historic Palace District is only a 10 minute walk away. Parking is free on the street if the owner registers as the occupant. Each of the utilities are on a separate meter. The heating is gas, and is provided by the ceramic stoves. The common cost is 17,500 HUF per month. It would be ideal as the home for a larger family, or to be rented out as an office or as a residential unit.

 

CLICK HERE FOR MORE

 

 


 

 

contact A1 Real Estate

 A1 Real Estate Budapest Hungary

1065 Budapest, Hungary. Bajcsy-Zsilinszky út 5.
tel: +36 1 219 5505
fax: +36 1 219 5504


Do you need a trustful company to manage or rent out your property?Managing your property from overseas is a time-consuming and difficult job. Let us help you with household tasks, whether it’s collecting the monthly rent or doing maintenance work. Just lean back and get everything done via the internet. With real-time administration, You will be able to initiate, approve and follow-up on virtually any management issue executed around the house. Click here for property management

 

 

A1 Real Estate Budapest is a member of the Hungarian Real Estate Association

A1 is a member of the Hungarian Real Estate Agency Association

 

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NEWS

February 7 2018

SK Innovation to build battery plant in Hungary

[THE INVESTOR] SK Innovation, the nation’s top oil refiner that also produces automotive batteries, is building a new 850 billion won (US$779 million) battery plant in Hungary to better meet demand from European carmakers, including Mercedes-Benz.

theinvestor.co.kr/view.php?ud=20171128000432

Romanian, Hungarian FMs discuss gas interconnector

Romania has agreed to establish the technical conditions to export natural gas to Hungary by 2020 and would increase capacity by 2022, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó said in Bucharest Monday after meeting with his Romanian counterpart Teodor Mele?canu.

bbj.hu/economy/romanian-hungarian-fms-discuss-gas-interconnector_144997

2018 Michelin Star Gala To Be Held In Budapest

Budapest will host one of the most prestigious gastronomic events of the world in a cooperation between the Hungarian Tourism Agency and Michelin. On March 26th, the “European Tour of the Michelin Guide for 2018” will be held in Hungary, where a fresh list of the best European restaurants will be presented. European Michelin-star chefs will also attend the event and welcome the new Michelin star restaurants that have made the Main Cities of Europe Guide, which offers great places to eat and stay for travelers in 36 European cities, including Budapest.

xpatloop.com/news/90890

Danish biotech firm to set up HUF 2 bln R&D center

Danish biotechnology company Foss will set up a HUF 2 billion research and development center in Pécs (SW Hungary). The government is supporting the investment, which will create 88 jobs for highly qualified professionals, with a HUF 773 mln grant.

bbj.hu/business/danish-biotech-firm-to-set-up-huf-2-bln-rd-center_144958

Hungarians live at least five years in one home

Based on official statistics and figures from the real estate market, the average Hungarian lives in 3.4 homes during their lifetime. Specific data depend on whether people live in urban or rural areas, according to a report in business daily Világgazdaság.

bbj.hu/real-estate/hungarians-live-at-least-five-years-in-one-home-_144891

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Samsonite opens second factory in Hungary

Luggage manufacturer and retailer Samsonite is opening its second assembly plant in Hungary, creating some 100 new jobs and manufacturing for export, according to a report in economic daily Világgazdaság.

bbj.hu/business/samsonite-opens-second-factory-in-hungary_139097

Hungarian Real Estate Market ‘Could Benefit From Brexit’ Britain’s forthcoming exit from the EU

Let's face it, everyone is talking about it. However the Hungarian Real Estate Market ‘Could Benefit From Brexit’ Britain’s forthcoming exit from the EU may have positive effects on the real estate market both in Hungary and in western Europe, the portfolio manager of OTP Bank’s Real Estate Investment Fund said in an interview published by business daily Világgazdaság. Attracted by the prospect of a 7-8% yield on investments, British investors have over the past years turned to the Hungarian real estate market with keen interest, László Kovács told the paper. The total volume of real estate transactions dropped in London by 47% to 6.7 billion euros during the first three months of the year, compared with the same period in 2015. The decline during the period was 43% for the whole of the United Kingdom, he said.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

http://www.xpatloop.com/news/85363

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Rents Rise To New Peak In Hungary

The cost of rented accommodation in Hungary has risen by 5-20% in the last 12 months, and by 30-40% in some regions, estate agency Otthon Centrum found in a new report. Prices rose the most in the outskirts of Budapest, but were flat in the Sixth and Seventh Districts, where rental fees had surged in preceding periods.

Rents stabilised for similar reasons in some university towns, such as Szeged, Pécs and Gyõr.

Rent prices have probably peaked, according to László Balogh of property website ingatlan.com.

University entry results will be published next week and that is generally the period when there is a rush to rent flats, Otthon Centrum adds.

Smaller flats, especially those centrally located, are snapped up quickly by tenants.

Property market experts see high demand for homes of 80-100m2, which are more economical if a number of students share the costs.

In Budapest, the average monthly rent was Ft 140,000.

http://www.xpatloop.com/news/rents_rise_to_new_peak_in_hungary

 

 

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