MIDASZ PROPERTY is a real estate agency and management company offering comprehensive real estate solutions to foreign investors in Hungary. We are a UK Company with a Hungarian subsidiary, specialising in buying and selling residential properties for foreign investors. We take our overseas clients through the process of understanding the Hungarian real-estate market and the process of purchasing property.

 
 
Completion

• The outstanding balance is payable on completion (or “Possession” as it is commonly known in Hungary). The buyer transfers the outstanding balance to our lawyer’s deposit bank account and the lawyer then transfers this amount to the seller on satisfaction of the requirements under the contract and has the Seller sign a declaration stating receipt of funds and agreement to the registration of the property in your or your company’s name.

• Our lawyer will then submit the declaration to the Land Registry.

• You or your representative will then take possession of the apartment.

• Our lawyer's fees are payable at this time.

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