The Otthon Start program brings significant changes to the support options for first-time homebuyers starting in the summer of 2025. The most important update: even those who have previously owned residential property may now become eligible for the subsidized loan of up to 50 million forints with a fixed 3% interest rate – under certain conditions. As a real estate agency, we consider it important to help our clients navigate the new regulations and truly make their dream home achievable.
Can you receive the Otthon Start subsidy if you have already had a property in your name?
Yes, from 2025, the Otthon Start program does not automatically exclude those who have owned a home in the last 10 years. You may be eligible:
if the value of the previous residential property located in an urban area did not exceed 15 million forints,
if you were only a partial owner (up to a maximum of 50%) of the property,
if the property was demolished or is encumbered by a usufruct right.
A precise understanding of the conditions is crucial – we help our clients with this, step by step.
What are the conditions for obtaining the Otthon Start loan?
Under the program:
a maximum loan of 50 million forints is available,
the interest rate is fixed: 3%,
the maximum term is 25 years,
a minimum down payment of 10% is required.
Price limits regarding the property:
the total price of an apartment cannot exceed 100 million forints, and for a house, it cannot exceed 150 million forints
the price per square meter can be a maximum of 1.5 million forints.
It is important to note that the subsidy can only be used once, and the property purchased this way cannot be sold for 5 years.
What documents and certificates are needed to apply for the Otthon Start loan?
For the application, you will need:
a title deed (property registration document) that verifies the details of a previous or current property,
a certificate of social security (TB) status (a minimum of 2 years is required),
a bank-issued income statement and a credit assessment.
We help our clients compile the complete documentation in a timely and error-free manner – so they don’t miss out on the opportunity.
Why is it worth buying a property now with the Otthon Start loan?
Due to the favorable, 3% fixed interest rate and the low down payment, purchasing a home has become much more accessible. For those who have already owned property but wish to make a change, or whose previous home ownership is no longer relevant, a new opportunity now arises. Due to increasing demand, timing is also crucial.
A reliable real estate agent not only finds the ideal property but also helps to:
navigate the conditions of the subsidy,
pre-assess eligibility,
prepare for the legal and financial processes.
In every case, our company supports the purchasing process with client-tailored advice – whether it’s for a first home or a new start.
The Otthon Start program offers a real chance to those who have, until now, only dreamed of creating a home. If you would also like to take advantage of this new opportunity, contact us with confidence – with our expertise and client-focused approach, we work to bring your dream home within reach.
Budai Attila
budai@riverspc.com
+36 70 428 0350