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Updated over 4 years ago on . Most recent reply

User Stats

31
Posts
9
Votes
Shane Barone
  • Property Manager
  • Oestrich Winkel, Hessen
9
Votes |
31
Posts

Seeking Info on rentals, property tax, market analysis in Hungary

Shane Barone
  • Property Manager
  • Oestrich Winkel, Hessen
Posted

Greetings all, I am currently analyzing a few opportunities in Hungary. The opportunities are in rental development outside Budapest in the cities of Biatorbágy and Etyek. Because the cities have a large planned government infrastructure modernization, many investors are thinking about moving into the area. Becuase of a personal (family) interest in the area, I am considering completely renovating some buildings in the area to turn into vacation rentals (short term rentals). 

I'm looking for individuals who have experience in Etyek and Biatorbágy, familiar with the tax situation. Do you have any sites showing a good market value for rent caps, property taxes, and closing costs? Anyone else in the area already investing out here or have properties listed?  Thanks!

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