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tag: real estate

How Much Compensation Can I Expect if the State Takes My Property?

Péter Barta, Dániel Fodor | 25 September 2025
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According to investment plans announced this summer, the government is preparing to implement large-scale road and railway construction projects over the next ten years. These public infrastructure developments will significantly impact the country's transportation network, ultimately affecting the national economy. However, the developments have a rarely discussed but also important consequence: the expected increase in expropriation cases.

From Weekend Cottage to Valuable Real Estate

Éva Kovács | 19 August 2025
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Éva Kovács

At the beginning of the summer, the regulations governing the land registry in Hungary were amended, introducing significant changes affecting owners of so-called garden plots in the outskirts ( in Hungarian: “zártkerti ingatlanok”), such as weekend houses, garden homes, and similar plots. The practical benefits, however, will largely depend on the location and on whether the local municipality allows their application.

The issue of purchasing loan-encumbered real estates will be solved

Éva Kovács | 19 March 2025
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Éva Kovács

The new Real Estate Registration Act that came into effect in January restructured the system for registering properties purchased in installments or subject to conditions, and introduced the so-called buyer's right. However, since January, there has been considerable debate regarding whether the buyer's right can be registered on properties involved in bank financing (and therefore under alienation and encumbrance prohibition). A recently enacted amendment to the law, however, resolves this issue.

Is stamp duty based on the net or the gross? We seem to be getting close to an answer.

Levente Bihari | 25 January 2023
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Levente Bihari

If a property price includes VAT, the question often arises as to whether the gross or the net purchase price should be indicated as the market value of the property for stamp duty purposes. Even if it hasn’t been officially announced yet, it does seem we’re getting closer to an answer – and the good news is, it looks like the net price will win out.

Property in trust?

Ákos Baráti | 15 June 2022
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Ákos Baráti

Because of its wealth protection features and favourable tax environment, trusts have become one of the most popular tools for family wealth planning. However, it matters what assets the settlor places in the trust– a mistake could easily undermine the favourable tax treatment of the trust.

Black night in energy market

Boglárka Zsibrita | 31 May 2022
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Boglárka Zsibrita

Recently an increasing number of market players operating under the mandatory off-take regime (KÁT) have taken the opportunity to sell their renewable energy in the free market and thus, due to the current favourable market situation, sell their electricity at a much higher price than the subsidised price paid by the state. This flexibility, however, has disappeared overnight.

THE SUN ALSO SHINES IN PARKING GARAGES – SALE OF PARKING SPACES BECOMES EASIER

Gábor Kerekes J. | 27 May 2022
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Gábor Kerekes J.

Two weeks ago, almost on the sly, a legislative amendment was adopted that could solve one of the “hit problems” of the real estate market: the complicated process of selling parking spaces in a condominium building. The changes came into force on 2 May, so it is now up to market players to put the new provisions into practice.

Holiday homes and apartments at the company’s expense?

Henrik Bereznai | 9 November 2021
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Henrik Bereznai

Implementing private property investments using company assets is slowly becoming a national sport. While the approach seems tempting, it carries a lot of risk. And the tax authority, NAV, has this type of arrangement firmly in its sights.

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The law is constantly in flux. While many people may find this intimidating, for us it’s precisely what makes it so exciting. We’d like to share this attitude with businesspeople and managers, and with those who just have an interest in business law, in the form of a regularly updated blog that discusses the latest tax law and commercial law issues in an accessible style. Feel free to send your questions and suggestions for topics you’d like us to cover to blog@jalsovszky.com.

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