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1st of September


From 1st of September 2010 HUF MORTGAGE PROVIDED ONLY  on property in Hungary.

 

 

12th of April


From 1st of January 2010 SUPER GROSS RULE is applicable for rental income in Hungary.

 

Super gross rental income = 1.27 x Gross rent

Taxable base = Super gross rent less deductable charges

Income Tax = 17% of Taxable base

 

Thanks to Super Gross Rule Income Tax increased to 21.59% in Hungary but income band (taxable base) is as wide as HUF5 millions.

 

 

18th of March


The report on GLOBAL PROPERTY GUIDE is finding out answer of why Hungary has badly lost international competitiveness in recent years. Truly comprehensive assessment only for whom is concerned with.

 

 

1st of March


Furnishing and Travel expenses are not deductable from rental income in Hungary. However, they are allowable expenses particulary in Ireland.

 

Please be informed that Income Tax Retun is going to be submitted to Tax Office in Hungary  by 20th of MAY

 

25th of February


The artical from THE IRISH TIMES is a good sign of how to manipulate people by journalism. It was as bizarre brief as Buy-to-Let promoted articals with unrealistic expectations in Budapest were targeted to Irish between 2004 and 2007. In both case, false interpretation was based on reality but pretty far from the truth.

 
15th of February


BPartner Budapest Property Management introduce PROPERTY HUNTER Service for BUYERS only. If you do not have trust in estate agent ( who is just selling properties but not buying anything) in Budapest and you need a professional assistant in buying a property, BPartner is ready for action to find and evaluate properties and acting on behalf of buyer only.

 

HOW TO NOT GET RIPPED OFF BUYING & INVESTING IN BUDAPEST PROPERTY MARKET!

 

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