No property tax and low taxation: 15% on long-term rental and only 4% on short-term. 0% tax on capital gain on resale after 5 years. Hungary is a beautiful country and Budapest is a magnificent city to live in. It’s extremely safe and has a crime rate among the lowest in Europe. Central locations offer attractive and stable returns – between 4% and 12%, depending on the property and tenant target group. Hungary is a full member of the EU, visa holders have access to all 27 countries within the Schengen Area. Those that invest in real estate can acquire a residence permit lasting 5 years. The cost of buying and selling property in Hungary, including taxes and fees, is relatively low compared to other European countries. Budapest offers a variety of property types, from historic apartments to modern condos, catering to a broad spectrum of investment preferences. The city’s popularity with tourists makes it an ideal location for short-term rentals, maximizing potential income for property investors.