
Real estate lawyers in Hungary can assist you to purchase property.
Buying property in a foreign country can seem like an intimidating process. Without the know-how of the market and the intimate knowledge of the legalities, it can easily feel like a whirlpool of confusion. If you have ever dreamed of owning property in Hungary, we are here to help. As real estate lawyers in Hungary (with the focus on Budapest), we strive on providing you with all the support you need to buy property in the country. Let us take a brief look at the process of purchasing property in Hungary and give you a detailed explanation as to what we do.
What we do as real estate lawyers in Hungary
Our team has a broad range of legal and commercial knowledge, and whether it is sale or acquisition, administration or development, financing or utilisation of real estate, we are here to advise you in all aspects relating to properties in Hungary. From building and property law to corporate and capital market law, we cover it all, assisting you with your legal needs where and when we can.
Here at hngary.com, we focus on your interests as well as the real estate project, with its unique risk structure. We take special features into account and find the optimum individual solution for you or corporate solution for your company. The fact that we have an interdisciplinary and cross-border team ensures that we are able to tackle even the most complex of international real estate transactions.
What do foreign nationals need to buy property in Hungary?
The process varies slightly, depending on whether or not you are an EU national. If you are an EU national, you will simply require a residence permit, which you must obtain within 30 days of entering the country. With their residence permits in hand, EU nationals are able to easily buy real estate in Hungary.
Expats that are not EU nationals will be required to obtain permits from the district council before they are allowed to apply for permission to purchase property in Hungary. As a non-EU national, you must apply for your residence permit before you plan on travelling to Hungary, which can be done at your nearest consulate or embassy. After your permit has been approved, you can apply for permission to purchase the property; but to avoid a long delay, we highly recommend using the services of real estate lawyers in Hungary.
How real estate lawyers in Hungary can help companies
Companies are not required to apply for permits before they are allowed to purchase property in Hungary, but in order to set up a company or use it in a real estate transaction, you will need the services of real estate lawyers in Hungary. We can help you set up your company in order to purchase property in the country, and we can also assist you with all the legalities surrounding the purchase of your company’s property.
How long it takes to buy property in Hungary
Generally speaking, the turnaround time for buying property in Hungary ranges from 12 to 63 days. This entails the applications for permits, applications for permission to purchase property in Hungary, and the approval of all applications. With our team of professional real estate agents in Hungary, we aim to help cut that time down to a minimum, and because we are well connected with the local authorities, you will find that working through us will cut the waiting period in half.
Our aim
Being internationally active real estate lawyers in Hungary, we see ourselves as entrepreneurs with the aim of offering all our clients first-class legal consulting services in all areas of corporate law. Our consulting services are as broad as the corporate landscape. We provide our services to SMEs and large corporations as well as private and public sector clients. Our immigration and real estate legal services are based on a deep understanding of each individual case we deal with. Because we understand that there are no standard clients, we do not offer one-size-fits-all solutions.
Our team is able to provide you with professional legal advice in the full spectrum of Hungarian real estate law, covering all aspects and procedures. In our line of business, the key to success is establishing a productive working relationship and information flow between our team, our clients, and the authorities.
Our company workflow guarantees maximum flexibility while always ensuring professional service delivery and efficacy. Over the years, our team of experts have gained an understanding of not only the process but also the stress the process of buying property in Hungary can put on our clients. Hngary.com’s approach is designed to minimise all of the stress, on assisting our clients with arriving and thriving in Hungary.
How can we help you?
The process of applying for permits and permission to purchase a property in a capital city like Budapest can be tedious if you aim at going through the process unassisted. By turning towards a professional team of real estate lawyers in Hungary, you can have all the stress taken off your hands. Be sure to get in touch with us today to see how we can help you with your legal needs as far as the purchase of properties in any Hungarian city goes. We have the answers you have been looking for, and we can definitely help you purchase the house of your dreams in the country that you love!