Property Letting and Management in Budapest Hungary
Experience where experience really counts
Landlords.hu
Your one stop shop for all your Budapest Property needs - From management to renovation to letting
We offer clients an all encompassing property management service.
We currently manage over 10,000 square meters (that is over 110,000 Square feet) of residential properties as well as several thousand square meters of offices, commercial and warehousing.
We employ a team of skilled maintenance workers to look after all our client’s properties. Their role is to visit the property on a regular basis whether it is let or vacant and make sure everything is as it should be.
Our experience shows that prevention is the best way to deal with most property maintenance problems. Once we let a property we want the tenant to be happy. If the tenant is happy then it usually means that the owner is happy. Our maintenance team ensures that this usually the case.
Where properties are still empty our team visits on an even more regular basis as problems with vacant properties can often go unnoticed for longer. Our maintenance team comprises of plumbers, electricians, stonemasons, carpenters, decorators etc. So that we can deal with any problem, no matter how big or small, in-house.
In addition to property maintenance we also deal with all aspects of administration including correspondence and insurance. For example we have bookkeepers who can look after paying all utility bills, common charges*, rates and taxes etc. Where necessary we can arrange utilities to be transferred to tenants etc.
In other words we offer a professional one-stop shop service to property owners
*Common charges (in Hungarian: Közösköltségek) are payable on nearly all apartments in Budapest. The charges are usually calculated according to the size of the apartment. The amounts are paid into a sinking fund, which is used to maintain all the common parts, to undertake minor repairs to the building, for refuse collection etc. If an owner fails to pay these common charges for six month or more, the building has the right to register that debt on the property deeds and the owner may not sell the property until the debt plus interest is paid. Furthermore by failing to pay the common charges on time one risks the unnecessary wrath of one’s neighbours who do pay
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