KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER HUNGARIAN LAW -
1. Types of real estate transactions -
In the Hungarian market, the typical types of real estate transactions can be differentiated as follows.
1.1 Transfer of an undeveloped plot of land -
Plots of land are often bought for the purposes of construction. In this regard, first and foremost the relevant Hungarian zoning and construction regulations should be previously checked, to ensure that the desired facility can indeed be developed on the given land.
Please see full Chapter below for more information.