Gravitas Hungary Real Estate Fund aims to provide stable, long-term returns in euros with a moderate risk profile. At least 40% of the Fund’s assets are invested in completed and licensed residential properties in Hungary, and the portfolio may also include domestic and international commercial real estate. The remaining assets are allocated to secure money market instruments to ensure liquidity.
Golden Visa Compliant
The Fund complies with the investment requirements of Hungary’s Golden Visa program, as defined in Act XC of 2023, making it suitable for investors seeking EU residency through real estate. The minimum investment is EUR 250,000, and redemptions follow a T+360-day cycle. The Fund’s benchmark is the 3-month EURIBOR. Investment decisions take into account long-term yield potential and the development outlook of the surrounding region.
Applicable Fees
- Gravitas Hungary Fund:
- Subscription Fee: €4,100 to €5,000
- Annual Management Fee: 4% (€10,000)
- Securities Account Fees: €4,100
- Administrative Fee: €65,000 (family of 4 with spouse and child under 18). Additional €10,000 for each person starting from the fifth applicant. and €15,000 for each child aged 18 to 25.
Estimated Returns: 5%-6% (see below)
Fund Summary
| Fund classification | Real Estate Funds (open end) |
| ISIN code | HU0000735758 |
| Net asset value | 10 827 361 EUR |
| Currency | EUR |
| Unit price | 1.05108500 EUR (2025-10-31) |
| Benchmark | – |
| Settlement day for purchase orders | T+1 working day |
| Redemption date | T+250 working days |
| Category | Real estate funds |
| Geographical exposure |
Source: Gránit Alapkezelő Zrt.
Historical returns
| 3 months | 5.66% |
| 6 months | 5.29% |
| 1 year* | 5.11% |
| 3 years* | – |
| 5 years* | – |
| 10 years* | – |
| Year-to-date return | 5.42% |
| Return since inception | 5.11% |
* Annual and over-year returns are annualized. When annualizing, returns are proportional to the number of days that have passed.
Reference: As of 2025-10-31
Granitas Asset Management
Gránit Asset Management, operating for sixteen years with proven track record, manages assets worth more than EUR 2.6 billion, of which nearly EUR 1 billion is managed in real estate investment funds, making it a market leader in this field. Supervised by the National Bank of Hungary, Gránit Asset Management offers a highly diversified product range, from traditional investment funds to institutional portfolios and innovative, sustainable investment products. Its client base includes approximately 50,000 investment unit holders, nearly 500 premium wealth management clients, and numerous institutional partners. The company manages of 180 billion HUF real estate portfolio, with 95% tenant occupancy rate, 300+ active tenants.
The Gravitas Asset management specializes offering investors with
- Real estate and property fund
- Mixed funds
- Government securities and corporate bonds
- Derivatives