Step-by-Step Guide to Buying Property in Hungary and Dubai as a Foreigner

Hungary and Dubai are both attractive destinations for foreign property buyers, offering stable markets, growing returns, and secure legal frameworks. Below is a clear, step-by-step overview of how foreign investors can purchase property in both countries.

Buying Property in Hungary

   Permission and Eligibility

Non-EU citizens need to apply for a purchase permit from the regional government office, typically issued within 4–6 weeks. EU citizens can buy freely.

   Legal Representation

Foreign buyers must appoint a licensed lawyer to draft and countersign the sales agreement and handle the land registry process.

   Preliminary Agreement and Deposit

Usually, a 10% deposit secures the transaction once both parties sign the contract.

   Payment and Land Registration

After full payment, the lawyer submits the ownership transfer request. Ownership is officially registered within about 30 days.

   Expert Consultation

Foreign buyers are advised to consult a tax and legal advisor, especially for investment or rental purposes.

Buying Property in Dubai

   Freehold Areas

Foreign nationals can buy property with full ownership rights in designated freehold areas such as Dubai Marina, Downtown, Business Bay, and Palm Jumeirah.

   Developer Verification

Ensure the developer is RERA-registered and the project funds are secured in an Escrow account to protect buyers.

   Reservation and Contract

Buyers pay a booking deposit (5–10%) and sign a Sales and Purchase Agreement (SPA) outlining payment terms and handover conditions.

   Payment Plan

Many off-plan projects offer flexible payment structures tied to construction milestones.

   Handover and Title Deed

Upon completion, the buyer receives the Title Deed from the Dubai Land Department.
Assistance is available for bank account setup, residency visa support, and legal consultation.

Conclusion

Whether in Budapest or Dubai, property purchasing for foreigners is transparent and well-regulated, provided you work with trusted professionals.
At Tamna Home, we guide our clients through every step — from property selection and due diligence to legal advice and financing solutions.