logo

REAL ESTATE

This is a practice that is easy to like, as the results are physically present, visible and tangible. We tend not to overcomplicate the matters with a rigid legalistic approach: if we raise a problem, it is certain that we are about to suggest a solution as well. Most real estate transactions also have tax implications: this is the area where we are most in our element.
The practice »
RANKINGS
Recommended law firm in Chambers Europe
Recommended law firm in Legal 500 EMEA
idezet

OUR LATEST POSTS

Éva Kovács

From Weekend Cottage to Valuable Real Estate

Éva Kovács | 19 August 2025

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.

Éva Kovács

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

Éva Kovács | 19 March 2025

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.

Real Estate Legal Services in Hungary

Hungary's real estate market presents great opportunities for international investors seeking to capitalize on the country's strategic location, Central Europe's growing economy and strategic market position.. However, navigating the complex regulatory landscape and unique legal requirements demands specialized expertise and deep market knowledge. At Jalsovszky, we have established ourselves as one of the leading real estate law firm in Budapest, providing comprehensive legal services that enable our clients to achieve their property investment objectives while ensuring full compliance with Hungarian real estate regulations.

Our comprehensive approach to real estate law recognizes that successful property transactions require more than just legal documentation – they demand strategic market insight, regulatory expertise, and practical understanding of local business practices. As Hungary continues to attract international investment and develop as a regional business hub, we help our clients navigate the evolving real estate landscape while maximizing their investment returns and minimizing transaction risks.

The complexity of modern real estate transactions extends across multiple legal disciplines, including corporate law, tax planning, environmental compliance, and financing arrangements. Our integrated approach ensures that all aspects of real estate transactions are carefully coordinated, providing our clients with seamless service delivery and optimal transaction outcomes.

Whether you are considering commercial real estate acquisitions, residential property investments, or complex hotel, office, commercial or logistics development projects, our team brings the expertise and market knowledge necessary to achieve successful outcomes in Hungary's dynamic real estate environment.

Comprehensive Property Investment Services

International property investment opportunities in Budapest have expanded significantly as the city establishes itself as a major European business and cultural center. Our comprehensive investment services support clients throughout the entire investment lifecycle, from initial market analysis and property identification through acquisition completion and ongoing asset management support.

Investment strategy development forms the foundation of successful real estate ventures, where proper legal structuring can significantly impact returns, tax efficiency, and operational flexibility. We work closely with international investors to develop optimal investment structures that address their specific objectives while complying with Hungarian regulatory requirements and maximizing available tax benefits and incentives.

Commercial real estate acquisitions require sophisticated legal support that addresses complex title issues, zoning regulations, environmental compliance, and financing arrangements. Our experience spans office buildings, retail properties, industrial facilities, and mixed-use developments, enabling us to provide targeted advice that reflects both legal requirements and market-specific considerations.

Residential property investment has become increasingly attractive for international buyers seeking both personal use and investment returns. We guide clients through the residential acquisition process, addressing foreign ownership restrictions, financing options, and ongoing management considerations that affect long-term investment success.

Property development projects require comprehensive legal coordination from initial site acquisition through project completion and sales or leasing activities. We provide integrated legal support for development projects, including planning permission coordination, design contract and construction contract review, and regulatory compliance management throughout the development process.

Expert Guidance to Buy Land in Hungary

Foreign land ownership in Hungary involves specific legal requirements and restrictions that must be carefully navigated to ensure compliant and successful acquisitions. Our specialized expertise in helping international clients buy land in Hungary encompasses thorough understanding of ownership restrictions, acquisition procedures, and ongoing compliance obligations that affect foreign property owners.

Agricultural land acquisitions present particular challenges for foreign investors, where EU regulations and Hungarian domestic law create complex approval requirements and ownership restrictions. We guide clients through the agricultural land acquisition process, including necessary permits, approval procedures, and compliance requirements that enable legal foreign ownership of agricultural properties.

Development land transactions require careful analysis of zoning regulations, development potential, and regulatory approval processes that may affect property values and development feasibility. Our due diligence approach evaluates all relevant factors affecting development land investments while identifying potential risks and opportunities that may impact investment returns.

Industrial land acquisitions often involve complex environmental assessments, infrastructure requirements, and regulatory compliance considerations. We provide comprehensive support for industrial land transactions, including environmental due diligence, infrastructure assessments, and ongoing compliance planning that enables successful industrial operations.

Title investigation and ownership verification represent critical components of all land acquisition transactions, where proper due diligence can prevent costly disputes and ownership complications. Our systematic approach to title analysis ensures clear ownership transfer while identifying and resolving potential title issues before transaction completion.

Sophisticated Real Estate Investment Structuring

Modern real estate investment requires sophisticated structuring that optimizes tax efficiency, regulatory compliance, and operational flexibility while providing appropriate risk management and exit strategies. Our expertise in Hungarian real estate investment fund structuring and other investment vehicles enables us to design optimal structures for various types of real estate investment activities.

Investment fund establishment and management requires specialized expertise in fund regulations, investor relations, and ongoing compliance requirements. We assist clients in establishing various forms of real estate investment vehicles, including closed-end funds, open-end funds, and specialized property investment structures that comply with Hungarian and EU regulatory frameworks.

Cross-border investment structuring has become increasingly important as international investors seek to optimize tax efficiency and regulatory compliance across multiple jurisdictions. We design sophisticated cross-border structures that minimize tax exposure while ensuring compliance with applicable treaty obligations and regulatory requirements in all relevant jurisdictions.

Joint venture arrangements frequently provide optimal structures for large-scale real estate projects where multiple parties contribute different resources and expertise. We develop comprehensive joint venture agreements that address governance, profit sharing, management responsibilities, and exit arrangements while maintaining operational efficiency and regulatory compliance.

Tax optimization strategies form critical components of real estate investment structuring, where proper planning can significantly impact net investment returns. We work closely with tax advisors to develop integrated strategies that optimize tax efficiency while maintaining compliance with all applicable tax obligations and regulatory requirements.

Comprehensive Transaction Management

Every successful real estate transaction requires meticulous attention to legal documentation, regulatory compliance, and risk management throughout the transaction process. As an experienced real estate lawyers in Budapest, we provide comprehensive transaction management services that ensure smooth deal execution while protecting our clients' interests and minimizing transaction risks.

Purchase agreement negotiation and drafting requires careful balance between comprehensive risk allocation and practical transaction feasibility. We develop sophisticated purchase agreements that protect our clients' interests while addressing specific property characteristics, market conditions, and regulatory requirements that may affect transaction outcomes.

Due diligence coordination encompasses comprehensive investigation of legal, technical, and commercial factors that may affect property values and investment feasibility. Our systematic legal due diligence approach evaluates title issues, regulatory compliance, environmental conditions, and market factors while identifying potential risks and value enhancement opportunities.

Financing coordination and documentation requires specialized expertise in real estate finance markets and regulatory requirements affecting property lending. We work closely with lenders and financial advisors to structure optimal financing arrangements while ensuring compliance with applicable lending regulations and documentation requirements.

Closing coordination and document execution represents the culmination of months of transaction preparation, where precise attention to detail ensures successful ownership transfer and regulatory compliance. Our closing management approach addresses all necessary documentation, regulatory filings, and post-closing obligations while minimizing potential complications or delays.

Strategic Real Estate Investment Opportunities in Hungary

The evolving landscape of real estate investment in Hungary presents diverse opportunities for international investors seeking exposure to Central Europe's growing economy and strategic market position. Our comprehensive market knowledge and regulatory expertise enable clients to identify and capitalize on emerging investment opportunities while managing associated risks and compliance requirements.

Market sector analysis helps investors understand the dynamics of different real estate segments, including office, retail, industrial, residential, and specialized property types. We provide strategic guidance on market trends, regulatory developments, and investment opportunities that may affect sector-specific investment decisions and portfolio allocation strategies.

Regional investment opportunities extend beyond Budapest to include emerging markets throughout Hungary, where infrastructure development and economic growth create new investment possibilities. We help clients evaluate regional investment opportunities while addressing local regulatory requirements and market-specific considerations that may affect investment outcomes.

Development opportunity identification requires comprehensive understanding of planning regulations, infrastructure capabilities, and market demand factors that determine development feasibility and profitability. Our development advisory services help clients identify and evaluate development opportunities while addressing regulatory approval requirements and project execution considerations.

Exit strategy planning forms an essential component of real estate investment planning, where proper structuring can significantly impact ultimate investment returns and tax efficiency. We help clients develop comprehensive exit strategies that optimize returns while maintaining operational flexibility and regulatory compliance throughout the investment holding period.

Regulatory Compliance and Risk Management

Real estate operations in Hungary require ongoing attention to various regulatory requirements, compliance obligations, and risk management considerations that affect property ownership and investment activities. Our comprehensive compliance services help clients maintain regulatory compliance while optimizing operational efficiency and investment performance.

Property management compliance encompasses various regulatory requirements affecting property operations, tenant relations, and ongoing maintenance obligations. We provide guidance on compliance requirements while helping clients develop effective property management strategies that maintain regulatory compliance and optimize property performance.

Environmental compliance has become increasingly important in real estate operations, where regulatory requirements affect both acquisition decisions and ongoing operational obligations. We assist clients in addressing environmental compliance requirements while developing appropriate risk management strategies for environmental exposures.

Tax compliance coordination requires ongoing attention to various tax obligations affecting property ownership, rental operations, and disposition activities. We work with tax advisors to ensure ongoing compliance with property tax obligations while optimizing tax efficiency through appropriate planning and structuring strategies.

Insurance and risk management strategies help protect real estate investments against various operational and market risks while maintaining cost efficiency and coverage adequacy. We assist clients in developing comprehensive risk management approaches that address their specific exposure profiles and business objectives.

Why Choose Our Real Estate Excellence

Our reputation as Hungary's premier real estate legal practice reflects our commitment to delivering exceptional outcomes through comprehensive market knowledge, sophisticated legal expertise, and strategic business insight. Jalsovszky combines deep understanding of Hungarian real estate law with practical experience in international real estate investment, enabling us to provide guidance that is both legally sound and commercially practical.

The trust that international real estate investors, developers, and funds place in our services stems from our consistent track record of successful transaction completion and ongoing client support across various property types and investment structures. Our experience spans transactions ranging from individual property acquisitions through large-scale portfolio transactions and complex development projects.

Our integrated approach combines traditional real estate expertise with specialized knowledge in corporate structuring, tax planning, and regulatory compliance. This comprehensive capability enables us to serve as primary counsel for complex real estate transactions while coordinating effectively with other professional advisors to ensure optimal transaction outcomes.

When you engage our real estate team, you gain access to experienced property lawyers, with comprehensive market knowledge, and the confidence that comes from working with advisors who understand both the legal intricacies and commercial realities of successful real estate investment in Hungary's dynamic market.