Capital Real Estate Budapest
home | news | about us | services | properties | investor center | contacts
Budapest Property Services - Capital Real Estate


Property Sales & Rental
Budapest Property Sales & Rental Service

Real Estate Management in Budapest
Real Estate Management, Q & A

Property Renovation
How to add value to Your investment.

Tax & Legal Advisory
To help you make sure all is safe and sound.

- - -

Services of Capital Real Estate Budapest

Real Estate Financing and Mortgages

This service is currently not available to non-Hungarians.
Only expats living and earning a fixed wage in Hungary that has been directly deposited to their bank account for the last 6 months can apply.

Updated September 2013

Budapest property financingCapital Real Estate in conjunction with Ganesha Global Kft. can now help you with property mortgages. The Ganesha Global Finance Department is headed by Gabor Vitanyi, he has over 4 years experience in the Hungarian banking and financing sector. Gabor is contracted with OTP, Raiffeisen, CIB, Aegon, K & H and Erste banks. He will be able to assist you in gaining financing using your first property, existing real estate to either achieve a 100% LTV on subsequent property investment or refinancing your current property.

Regarding the loan-to-value (LTV) ratio this offer is the best on the Hungarian market for foreigners.

  1. As the offer is a so called low-documentation loan, no income statements/information are needed thereafter the application process is as simple as possible and as fast as possible.
  2. In case of foreign individuals this offer has the lowest fees and costs.
  3. The mortgage can be paid back anytime without huge penalties, only a one time fee of € 250 or 1,5% of the loan amount has to be paid depending on the bank.

The following documents are required for the submission of the loan application:

For personal identification

  • Personal identity document (Passport), an official document certifying personal identity number/residential address (Drivers Licence) unless these are contained in the personal identity document
  • Utility bill no older than 3 months
  • Another certificate with photo
  • Passport
  • Tax ID card or National Insurance Card (Hungarian and/or foreign)

No income check required

List of documents requested by the Bank

Unrestricted use

  • Power of Attorney authorisation to arrange the loan on costumer’s behalf
  • Certified Ownership Certificate of current status of the property no older than 15 days
  • Bank application form
  • Current map of the property in the case single dwelling/ house or plot of land
  • Personal bank account in Hungary
  • Property Insurance Policy

Property purchase

As above but with the addition of:

  • Purchase Agreement /Sales agreement registered and approved of by the Land Registry Office(including mailing address)
  • Certified Ownership Certificate of current pre-registration status of the property no older than 15 days
  • Agreement of Deposit with Solicitor Escrow Account

Residential Mortgages for Hungary

What is covered?

  • Purchase of houses, apartments and freehold land are available for individuals.
  • Unrestricted use
  • Refinancing

Loan to Value:

  • 50% - 80% of the market value (in some cases it can be 100%)

Maximum Loan Amount:

  • None

Interest Rates:

  • Euro: 8.7% -9.7% (including bank administration fee)
  • Swiss Franc: 5.5% - 8.2% (including bank administration fee)

Maximum Term & Age Limit:

  • 25 - 35 years (not more than 68 years old at maturity)

Currencies Available:

  • Euro, Swiss Franc or Hungarian Forint

Prepayment Penalty:

  • € 250 or 1,5% of the amount of the current loan depending on bank

Total Loan Index (A.P.R.)

  • 6.31% - 10.29% 

General fees to consider

Submission of documents

  • Ganesha Global loan arrangement fee € 200 + V.A.T. (non-refundable)
  • Valuation expert for property appraisal € 120 / property
  • Ownership Certificate € 18 / property
  • Current map of the property in case € 12 / property single dwelling/ house or plot of land

Payment structure for loan arrangement

  • Ganesha Global success fee € 1000 + V.A.T. or 1.2% of the financed amount whichever is greater

  • Notary fee according to the amount of the loan € 200 - € 600
  • Interpreter € 150 - € 200
  • Registration fee for Land Registry Office € 50/ property
  • Bank administration fee 1.5 % - 3 %
  • Property insurance from € 8 / month

Ganesha Global Kft. (Budapest, Hungary)

Tel.: +36 (1) 219 5505

Fax: +36 (1) 219 5504


Web Site:

IMPORTANT: Rates are subject to change and the information above is only for guidance. Please contact a representative for up-to-date advice.

recent news

Under Hungarian law, similar to other countries, the right of ownership is the most absolute right regarding an asset. It is easier, from an administrative point of view, and more tax efficient...

contact information

[send an email]

Tel: +36 (1) 219 5505
Fax:+36 (1) 219 5504

 | Tel: +36 (1) 219 5505 | Privacy Policy | Sitemap | Links | Send an Email
Copyright © 2004-2018. Capital Real Estate Budapest. All rights reserved.