Credit for Hungarian real estate in euros – information
For those looking in euros, loans for Hungarian real estate may be available from foreign banks. It is worth considering such a loan if your income also comes in euros (for example, in Austria, Germany or Slovakia). Our website provides information; we do not provide loans or provide financial advice.
What can it be used for?
- Buying real estate
- Renovation
- Construction
- Conversion of existing loans
Typical conditions (the exact terms are always determined by the respective bank):
- continuous income in euros, typically in the amount of at least 8 months, with a monthly net income of around 1500 €;
- at least 10% of the cost;
- financing up to 50% of the value of real estate in Hungary;
- In some banks, another property can be included as collateral.
Important information: Interest rates and fees are determined by the bank; these may change. If your repayment is charged in forints, the euro loan may be subject to exchange rate risk. Before signing the contract, compare several offers and read the fees and terms.