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List your businessHow the property market works in Hungary
In Hungary, there is no single mandatory national license specifically governing all residential estate agents, though agents acting commercially must register their activity, and many belong to professional bodies such as MIOSZ (Hungarian National Association of Real Estate Agents) that apply ethical standards.
Foreign (non-EU) buyers generally require a permit from the local government office to acquire real estate in Hungary, while EU, EEA and Swiss citizens are broadly treated the same as Hungarian nationals.
Buying and selling: key steps
A lawyer (ügyvéd) is legally required to countersign the sale contract (adásvételi szerződés), and the transfer is registered at the local Land Registry (ingatlan-nyilvántartás), administered by the county government offices, to become effective against third parties.
Buyers pay a property transfer duty (visszterhes vagyonátruházási illeték) calculated on the purchase price, with reduced or exempt treatment in certain cases such as trading one home for another within a set period.
Working with agents, managers and architects
Agent commission in Hungary is freely negotiated and commonly charged as a percentage of the sale price, often paid by the seller though practice varies, and should be documented in a written agency agreement before listing.
Architects must hold a license recorded with the Hungarian Chamber of Architects, and building permits are processed through the relevant local government or, for larger works, the regional government office.
Things to check before hiring
Ask whether an agent belongs to a recognised industry association such as MIOSZ, since licensing is not uniformly mandatory.
Obtain a current land registry extract (tulajdoni lap) to confirm ownership and check for mortgages or other encumbrances, and verify whether any permit is needed if you are a non-EU buyer.