Vargas – common Sephardic/Jewish name, originating from Spain and Porugal.
A locational from a town called Vargas, Spain
B In different areas of Spain word can mean a hut, and in other parts, a hillside.
In immigration usually was written Varga.
The records of Jewish Hungary database archive enlists name Varga: http://data.jewishgen.org/wconnect/wc.dll?jg~jgsys~allcountr...
Jewish community in Hungary was back in time quite strong and families had numerous members.. Large numbers of Jews moved to the growing cities in the 15th century; the first "historical communities" were formed at that time (Buda, Esztergom, Sopron, Tata, Óbuda). Budapest has some 20 synagogues. The 19th-century Dohány Synagogue in Budapest is the largest in Europe (second largest in the world) and was recently renovated. http://www.worldjewishcongress.org/en/communities/26
Leading private banks in Hungary were of Jewish origin: :http://www.jewishvirtuallibrary.org/jsource/judaica/ejud_000...
Thank You for adding info. for varga as occupational name in Hungary.
When the name is found in other countries outside those of its origin, it may not be possible to tell whether it is Hungarian or Iberian.