(HUNGARYNEWSWIRE.COM, January 15, 2009 ) Hungary - TheMoveChannel.com, the leading international property portal, has announced the launch of a completely free Hungarian property guide to help investors and lifestyle buyers through the process of making a successful property purchase in Hungary.
The guide provides an overview of Hungary as an investment destination, key points to buying and selling in Hungary, what you need to be aware of as a Hungarian property owner, as well as links to a host of essential information sources for additional research.
Indispensable information on the legal issues involved in buying and selling are included alongside outline details of the taxes and costs of being a Hungarian property owner. For example, did you know that in order to buy property in Hungary as an individual, you must obtain a permit which can take upto two months.
Finance is another key point covered, and the guide explores the possibility of raising finance in the UK or in Hungary and the typical mortgage products available. Most mortgages taken out are 70% or 80% mortgages, but it is possible to obtain a 100% mortgage in certain circumstances.
The guide will be annually updated to ensure information is timely and continues to be an authoritative reference point for investors. The guide is available completely free of charge and can be viewed online or downloaded as a PDF, to view a copy visit: http://hungary.themovechannel.com/guides
Dan Johnson, Managing Director, comments: “Experienced investors will know the key successful property investment is down to gaining a good understanding of national laws, finance structures and processes. Without these required insight investors may be exposing themselves to costly mistakes and disputes.”
- ENDS –
Notes to website owners:
TheMoveChannel.com Hungarian Property Guide is compiled as a generic document that can be branded free of charge to match your corporate identity for you to host on your website. For further information please email firstname.lastname@example.org or telephone 020 7 952 7658
Notes to editors:
TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property. It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries, which are listed by over 750 partner organisations.
For further information, interviews or quotes, please contact:
Dan Johnson, Managing Director
Tel: 0207 952 7650 Email: email@example.com
020 7952 7658