Fall 2018 novelties from Metrodom

General

02/08/2018

Following the statement made by the Hungarian Minister of Finance on restoring the 27 percent VAT levied on new-build property as of January 1, 2020, we received numerous enquiries regarding new projects to be launched in the near future so that customers can still make preferential VAT purchases. Although the projects launched in Fall this year will only be handed over during 2020, price installments (or the whole purchase price if the customer so decides) paid before the end of next year will only be encumbered with the favorable, 5 percent VAT. The respective locations and features of our new projects commencing Fall this year are outlined below.