Real Estate Lawyer Services in Budapest

The Process of Buying Property in Budapest

Navigating the Budapest property market can be both exciting and complex, especially for those unfamiliar with the local property landscape. This guide outlines the key steps in buying property in Budapest, ensuring a smooth and secure transaction from start to finish:

Assessing Financial Matters Like Price/Value Ratio: Evaluating the financial aspects is crucial in any real estate transaction. The costs include:

• Legal Fees: Generally, these fees range from 0.3% to 1% of the purchase price, plus VAT if applicable. However, for bilingual legal services, which are often essential for international transactions, the fees are usually only start around 1% or more.
• Purchase Tax: The general rate of purchase tax is 4% of the market value of the property. For properties exceeding 1 billion HUF in value, the tax is 2% on the excess amount over 1 billion HUF, with a maximum cap of 200 million HUF.
• Realtor's Commission: Typically, realtors in Hungary charge a commission ranging from 1.5% to 5% of the purchase price, plus VAT. This fee can vary based on the realtor and the specifics of the property.
• Land Registry Fees: A standard land registry fee of 6,600 HUF is applicable per property. If an expedited service is required, there's an additional fee of 10,000 HUF per property.
• Property Acquisition Permit for Non-residents: If you are not a citizen of an EU/EEA member state or Switzerland, purchasing property in Hungary is only available for you if you obtain a Property Acquisition Permit, which costs 50,000 HUF per property.

Engaging a Lawyer in Hungary for Contract Drafting: Hiring a competent lawyer in Hungary for drafting the sale and purchase contract is vital. This involves:

• Ensuring the contract adheres to Hungarian real estate laws and regulations.
• Tailoring the contract to protect your interests, including clauses on contingencies, deadlines, and liabilities.
• Legal verification of property titles, ownership history, and any encumbrances or liens on the property.

Negotiation and Agreement: Once the financial assessment is clear, and the legal groundwork is laid, the next step involves:

• Negotiating terms with the seller or their representative to reach a mutually beneficial agreement.
• Finalizing the sale terms, including price, payment schedule, and any conditions or warranties.

Compliance and Regulatory Checks: This step ensures all regulatory requirements are met, such as:

• Checking compliance with local zoning laws and building regulations.
• Verifying that all necessary permits and approvals for the property are in place.

Finalizing the Transaction: The culmination of the property buying process in Budapest involves:

• Signing the finalized sale and purchase contract.
• Managing the transfer of funds in accordance with Hungarian financial regulations.
• Recording the transaction with the relevant local authorities to formalize the change of ownership.

Why Choose Illés and Szabó Lawyers Assoviation If You Are Seeking Real Estate Law Advice?

Here are my reasons why e-ingatlanügyvédek.hu stands out as a choice for anyone seeking a property lawyer in Budapest:

1. Specialized Expertise: We all specialize in real estate law. This focus ensures that our clients receive advice and services that are not only legally sound but also tailored to the specific nuances of property transactions in Hungary, particularly in Budapest.
2. Experienced Team: Our team comprises seasoned lawyers who bring a wealth of experience in various aspects of real estate law. In my opinion, this experience is critical in navigating the complexities of property transactions, from residential sales to large-scale industrial real estate deals.
3. Comprehensive Legal Services: Whether you are dealing with the purchase or sale of residential property, legal due diligence for large investments, or transactions involving industrial properties, e-ingatlanügyvédek.hu offers a comprehensive range of services to meet all your real estate legal needs.
4. Client-Centered Approach: The approach at e-ingatlanügyvédek.hu is characterized by empathy and innovation. Understanding clients' unique needs and offering customized solutions is a hallmark of their service, ensuring that each client feels heard and their specific legal requirements are adequately met.
5. Local and International Expertise: The team's proficiency isn’t limited to local real estate law but also extends to handling matters for foreign enterprises operating in Hungary. This makes e-ingatlanügyvédek.hu an ideal partner for international clients looking for a lawyer in Budapest.
6. Diverse Legal Backgrounds: The lawyers at e-ingatlanügyvédek.hu have diverse backgrounds, including tax law, civil litigation, and administrative law, which means they can provide a well-rounded legal service that goes beyond basic property law.

Meet our team of experiences real estate lawyers!

When looking for a proficient property lawyer in Budapest, it's essential to find someone with not only the right qualifications but also a depth of experience and a client-focused approach. Our team in Budapest, comprised of highly skilled people, excels in various aspects of real estate law, ensuring that all your legal needs are met with the highest standards of professionalism and expertise.

Dr. Géza Márton ILLÉS

Office: 1024 Budapest, Lövőház utca 2–6. (Mammut I. Bevásárlóközpont)
Bar registration number: KASZ 36062013

Dr. Géza Márton Illés is an experienced real estate attorney whose practice covers the purchase and sale of heritage-listed and industrial properties, as well as the transfer of condominium ownership. He is known for combining legal precision with a practical understanding of real estate transactions, providing reliable guidance to both private individuals and corporate clients. As a founding member of Illés és Szabó Ügyvédi Társulás, he contributes significantly to the professional foundation of e-ingatlanügyvédek.hu, where he ensures that each client’s case is managed with professionalism, efficiency, and meticulous attention to legal detail.

Dr. Balázs SURÁNYI

Office: 1024 Budapest, Lövőház utca 2–6. (Mammut I. Shopping Center)
Bar registration number: KASZ 36081325

Dr. Surányi’s expertise lies in real estate and construction law, particularly in the formation of condominiums and the legal structuring of property development projects. He also provides comprehensive legal support for real estate transactions, including assistance with brokerage matters. Fluent in both Hungarian and English, he delivers precise and trustworthy legal advice to private clients and property developers, ensuring smooth and secure transactions from start to finish.

Dr. Annamária IVÁCSON

Office: 1024 Budapest, Lövőház utca 2–6. (Mammut I Shopping Center)
Bar registration number: KASZ 36062085

Dr. Ivácson is an accomplished attorney with a solid professional background, having obtained her law degree from Pázmány Péter Catholic University in 2014. Her primary focus lies in real estate law, complemented by extensive experience in company formation, transformation, and acquisitions, as well as in establishing Hungarian branches for foreign enterprises. Known for her precision and reliability, Dr. Ivácson provides comprehensive legal support in both residential and commercial real estate transactions.

Dr. Kata SURÁNYI, LL.M.

Office: 1135 Budapest, Jász utca 70. (near Béke tér)
Bar registration number: KASZ 36068731

Dr. Kata Surányi is a lawyer specialized in real estate law, holding an LL.M. degree in property law. Her professional focus lies in handling real estate transactions, such as the sale and purchase of residential and agricultural properties, as well as matters involving donations and condominium ownership. In addition, she has considerable expertise in compensation and liability cases.

Dr. Georgina Janka MITTÁKNÉ HORVÁTH

Office: 1024 Budapest, Lövőház utca 2–6. (Mammut I Shopping Center)
Bar registration number: KASZ 36065470

Dr. Georgina Janka Mittákné Horváth is a practising attorney with a primary focus on real estate law, assisting clients in property transactions, usage and easement agreements, and land division matters. Alongside her real estate expertise, she also advises in commercial and corporate law, as well as in bankruptcy and liquidation cases, consumer protection, copyright, labour law, enforcement proceedings, and the legal affairs of civil organisations.
She offers legal services in English and French, ensuring effective communication with international clients.

Dr. Judit SZOBOSZLAI

Office: 1062 Budapest, Váci út 1–3. B/4.
Registered seat: 1146 Budapest, Abonyi utca 8. ground floor 4.

Dr. Szoboszlai specializes in real estate law, particularly in drafting and reviewing property sale and purchase agreements, as well as lease, gift, and exchange contracts. Beyond real estate matters, she also advises clients in corporate and banking law, and has significant experience in insolvency and liquidation procedures. Her expertise further includes competition law, where she provides full-scale legal assistance to clients across various industries.

Dr. Sára MOSOLYGÓ

Office: 1027 Budapest, Horvát utca 12–26. (near Bem tér)
Additional office: 2051 Biatorbágy, Szily Kálmán út 60/A, ground floor 9.
Bar registration number: KASZ 36065710

Dr. Mosolygó has nearly two decades of experience in the legal profession, with a primary focus on real estate law. She regularly assists clients in drafting and finalizing sale and purchase agreements for both newly built and pre-owned residential properties. Her practice also covers gift, maintenance, life annuity, and inheritance contracts, providing full legal assistance in all property-related transactions. She offers legal services in Spanish and English, ensuring clear and professional communication for both Hungarian and international clients.

Dr. Roland KOSZTOVÁNYI

Office: 1024 Budapest, Lövőház utca 2–6. (Mammut I Shopping Center)
Bar registration number: KASZ 36063624

With nearly two decades of experience as a member of the Budapest Bar Association, Dr. Roland Kosztoványi offers comprehensive legal expertise in all areas of real estate law — from residential and commercial properties to industrial sites and agricultural lands governed by land traffic regulations. His practice also encompasses corporate acquisitions and joint ventures, where he has represented both domestic and international clients. Beyond his legal work, he serves on the executive board of the Hungarian Tennis Association, reflecting his commitment to professional excellence both in and outside the legal field.

Dr. Adél RIGÓ

Office: 1024 Budapest, Lövőház utca 2–6. (Mammut I Shopping Center)
Bar registration number: KASZ 36081617

Dr. Adél Rigó is a lawyer specializing in real estate law, with extensive experience in handling the sale and purchase of newly built condominium properties. In addition to her real estate practice, she regularly advises clients on company formation, corporate governance, and business restructuring. Her work bridges property and corporate law, offering clients reliable, full-spectrum legal solutions.

Dr. Alexandra CSIZMÁR, LL.M.

Office: 1111 Budapest, Budafoki út 10/C. (near Szent Gellért tér, Metro line M4)
Bar registration number: KASZ 36073445

Dr. Alexandra Csizmár, LL.M., is a highly skilled attorney with a focus on real estate, commercial, and family law. Drawing on her extensive background in civil and labor law litigation, she delivers precise, solution-oriented legal advice to her clients. Fluent in both Hungarian and English, she assists individuals and businesses with professionalism and clarity, offering reliable legal support to both domestic and international clients.

Dr. Tamás PETRIK

Office: 1143 Budapest, Zászlós utca 29–31. A. building, ground floor 1. (approximately a 6–7 minute walk from Puskás Ferenc Stadion metro station, Metro line M2)
Bar registration number: KASZ 36079930

Dr. Tamás Petrik is an experienced real estate lawyer who has built his practice around property transactions and real estate-related litigation. His professional background extends to debt collection, enforcement and insolvency procedures, as well as disputes involving foreign currency loan contracts. Fluent in English and Slovak, he represents both individuals and business clients, offering dependable, precise legal support in complex real estate and financial cases

Dr. András TÓTH-KALÁSZI, LL.M.

Office: 1114 Budapest, Károli Gáspár tér 8. (near Újbuda-központ, Metro line M4)
Bar registration number: KASZ 36070546

Dr. Tóth-Kalászi is an experienced attorney with a strong professional focus on real estate law and immigration law. He represents clients in Hungarian, English, and German, ensuring clear communication and reliable legal support for both Hungarian residents and foreign nationals. His international background and comprehensive knowledge of Hungarian legal procedures make him a dependable partner in property transactions and immigration-related legal services.

Dr. Viktor Henrich LENDVAI

Office: 1136 Budapest, Raoul Wallenberg utca 5. (near Vígszínház)
Bar registration number: KASZ 36082071

Dr. Viktor Henrich Lendvai graduated in 2020 from the Faculty of Law and Political Sciences at Pázmány Péter Catholic University, where his thesis explored the connection between data protection and personality rights. After successfully completing the bar examination in 2024, he began his independent legal practice in January 2025 in Budapest’s 13th district. His primary area of specialization is real estate law, with a focus on transactions involving the sale, purchase, and lease of residential properties, both new and pre-owned. He also provides counsel in corporate and business law matters. Dr. Lendvai offers legal services in Hungarian and English.

In summary, our Budapest team combines a rich mosaic of legal expertise, especially in real estate law. Their diverse backgrounds, extensive experience, and client-centric approach make them an ideal choice for anyone seeking a lawyer in Budapest for real estate and related legal matters.

The Budapest Property Market: A Landscape of Opportunities

Budapest's real estate market has traditionally been a popular choice among novice investors. The trends of the past few years suggest that the value of properties tends to increase over time, making real estate a viable long-term investment. However, whether it's the right choice for you depends on various factors:

1. Market Dynamics: The first half of 2023 saw dynamic changes in the Hungarian real estate market, including fluctuations in housing prices and closely related mortgage markets. This indicates a market that is both active and evolving, which can offer opportunities for investors who are knowledgeable or well-advised.
2. Loan Market Trends: The decrease in the value of housing loans and changes in government support programs like CSOK Plusz (Family Housing Support Program) suggest a shifting landscape. This could mean opportunities in specific segments of the market, especially for investors not entirely reliant on local financing options.
3. Price Trends: Recent data shows a nominal increase in property prices despite a decrease in the average value of properties sold. This suggests a market where higher-value properties might be gaining value faster than lower-value ones, potentially signaling good investment opportunities in certain property types or locations.
4. Transactional Volume: A significant drop in the number of transactions might indicate a cautious market, but it also suggests that well-priced properties in desirable locations could still attract buyer interest.
5. Seller's Market Caution: The advice against leaving properties unsold in anticipation of market upturns is prudent. It suggests a market where timely transactions might be more beneficial than waiting for potential price increases.

Summary

We've seen it all - from the excitement of a first home purchase to the complexities of major industrial deals. At our law firm, you’re not just another case file. Our approach is all about understanding your unique story. We believe in building relationships, not just client lists.

Ready to safeguard your real estate investment in Budapest with expert legal support? Contact e-ingatlanügyvédek today for personalized, client-first legal assistance!