A DYNAMIC AND GROWING MARKET
A strong history, a central geographical situation and a growing economy
High potential assets and opportunities
Hungary and more particularly Budapest is in full development with a young, qualified and dynamic population. This population is coming to live here permanently, taking advantage of the new infrastructures and activity centers. Moreover, tourism and international university exchanges are on the rise. By strategically positioning ourselves at the heart of this new market and by carefully managing the selected assets, we allow our investors to take advantage of highly profitable opportunities. These investments provide the opportunity for substantial appreciation and are highly safe.
Investing in the heart of Europe and its future
A brief overview of Hungary and Budapest
The co-founder of Budapest Investment
"Budapest real estate is a promising sector with significant growth continuing to increase in value considerably since 2013. Moreover, the quality assets we are selecting are optimized to provide significant profit returns to our investors."
François Dalleau
Advantages of the Hungarian market
Real estate prices in Budapest are among the most affordable in a European capital. Indeed, they vary on average, depending on the district, from 1500€ to 3000€ per square meter. In comparison, Paris with an average price per square meter of around €10,000, is one of the cities where real estate is the most overpriced according to the IMF.
The favorable economic context in Hungary as well as the development of tourism, the increase of expatriates and the growing attractiveness of Budapest’s universities promote the valorization of the rental property market. All of these factors make it possible to generate returns around 10% of gross return.
Real estate sales in Hungary are conducted quickly thanks to a favorable legislative environment. Quality real estate, especially rental investment products, rarely stays on the market for more than a few weeks.
The acquisition costs are about 5%. Transfer taxes are about 4% and attorney’s fees represent about 1% of the purchase price. Moreover, the absence of property and housing taxes as well as the unique tax scale of 15% of net revenue excluding charges allows to benefit from a very attractive tax system.
The Hungarian legislation is more favorable to landlords than to tenants compared to France. Moreover, the sectors in which we are strategically positioned, student rentals and short-term rentals, benefit from a virtually eliminated risk of non-payment.
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Budapest in full economical development
- GDP of $161.18 billion in 2018
- Over 4 million tourists a year
- Growth in international student exchanges
- An attractive tax system
- Investments from Europe and Asia
Strong economic fundamentals focused on the long-term future
BUDAPEST OFFERS ATTRACTIVE INFRASTRUCTURES AND ACTIVITY CENTERS
OUR REAL ESTATE EXPERT'S ANALYSIS
"The most promising sector is the one targeting tourists and foreign students. The returns on investment are the highest with proper risk management."
François DALLEAU
