Rental Income Tax in Hungary compared to Europe
Hungary: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: €1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
Denmark, Copenhagen | 42.11% |
Finland, Helsinki | 30.00% |
Malta, Valletta | 30.00% |
Montenegro, Podgorica | 30.00% |
Portugal, Lisbon | 28.00% |
Belgium, Brussels | 26.82% |
Slovenia, Ljubljana | 25.00% |
Norway, Oslo | 22.00% |
Greece, Athens | 22.00% |
Italy, Milan | 21.00% |
France, Paris | 20.68% |
United Kingdom, London | 20.00% |
Sweden, Stockholm | 20.00% |
Latvia, Riga | 20.00% |
Estonia, Tallinn | 20.00% |
Ireland, Dublin | 20.00% |
Spain, Madrid | 19.00% |
Slovakia, Bratislava | 19.00% |
Lithuania, Vilnius | 15.00% |
Czech Republic, Prague | 15.00% |
Hungary, Budapest | 15.00% |
North Macedonia, Skopje | 14.06% |
Croatia, Zagreb | 12.00% |
Netherlands, Amsterdam | 11.64% |
Iceland, Reykjavik | 11.00% |
Bulgaria, Sofia | 10.00% |
Romania, Bucharest | 10.00% |
Germany, Berlin | 9.92% |
Poland, Warsaw | 8.50% |
Austria, Vienna | 5.76% |
Switzerland, Zurich | 5.57% |
Luxembourg, Luxembourg City | 2.94% |
Hungary real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Hungarian Central Statistical Office
- Real Estate Hungary
- Otthon Centrum