Budapest Invest
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St. Stephen's Basilica in Budapest — fineliner & watercolor
Service for landlords

Letting and management.

Save time and effort with our all-round service for Budapest: We take care of the entire process — from finding the right tenants, to maintenance and administrative tasks, to ensuring that your Budapest apartment is not empty. We feel just as responsible for your property as if it were our own.

Are you already renting and looking for better management? We also take over current tenancies - for less stress, better tenants and higher rents.

Rental

Better marketing means better returns.

Our tenants are international, often from abroad and rarely on site when they make their decision. This makes the quality of the presentation even more important.

Tenant target group

Tourists & business travelers

Short-term rental is a popular model in Budapest, although it is currently restricted (no new licenses will be issued until 2027). If you don't have a license, the apartment must be aimed at other target groups - we will be happy to advise you on this.

Tenant target group

students

Study medicine or spend a semester abroad at one of the over 30 universities in Budapest: Around 34,000 international students are looking for a room or apartment near the university, mostly for 6-12 months.

Tenant target group

Expats

Executives who are sent to Budapest by international corporations on short-term contracts - they are looking for furnished apartments and houses with a higher budget and corresponding requirements in terms of location and living quality.

Tenant target group

Young professionals

Young adults — freelance or at international companies, mostly with fixed-term contracts. Digital nomads are also part of this: They like to live centrally and with good transport links.

wg-zimmer-budapest.de — advertisement on one screen
1 · Our own platform

The international letting platform for Budapest.

On our own platform WG-Zimmer-Budapest.de we present our customers' properties. Whether it's a shared room or a single apartment: we make sure that interested parties find everything they need to make a decision - even if they're not there.

The platform is integrated into our digital processes, which ultimately lead to a digitally signed, legally valid rental agreement.

2.

Professional presentation is half the battle

Professional photos and video inspections of the apartment are included in the “Premium” package and have two notable effects:

  • We achieve higher rents and still get more serious interested parties.
  • The higher rents mean we generally get better tenants who treat the property more responsibly.
3.

Marketing online and offline – tailored to the target group

We find tenants where they are and where they are looking: specialized websites, ads in the Facebook Marketplace, recommendation marketing, but also YouTube, Instagram, TikTok & Co. We show our presence and quickly get into personal conversation with interested parties.

We also work with partners to professionally cover other target groups - e.g. B. for short-term rentals, expats, digital nomads and young professionals.

4.

Choose the right tenants

Using tried-and-tested selection criteria, personal discussions, digital contracts with parental guarantees and fixed terms, we try, on the one hand, to rent out the apartment 12 months a year - and, on the other hand, to find tenants who are attentive and reliable.

We pay a lot of attention to returns, but not at any price: if we can't find suitable candidates, we'd rather leave an apartment empty for a month than take unnecessary risks.

Example: Situation check 9th district
Special

A video of the property.

These videos take you through the neighborhood in which the apartment is located. Because it's not the apartment alone that determines whether someone will feel comfortable here - parents in particular often want to know in which area their daughter or son will live.

Contact us if you would like a video of the location of your apartment.

Administration

We represent you – with tenants, authorities and local companies.

We take on all everyday tasks relating to the apartment and its tenants. This means you can rent out your Budapest property from anywhere in the world and never have to be there.

1.

For a good relationship with the tenants — and a good condition of the apartment

We are connected to the tenants on site and also online via specially set up chat channels and react quickly if there are problems. Whether heating boilers, electricity, internet, drains or water pipes: quick reactions and quick solutions are important - for the satisfaction of the tenants as well as for the condition of the property.

For medium to large flatshares, we also send a cleaning team every two weeks to clean the common areas and report to us. The service is therefore not only an advantage for the tenants, but also an insurance for the owners.

2.

The bridge between you and local companies and authorities

If you neither have nor aspire to have native Hungarian language skills, dealing with property-related correspondence is a challenge that we would be happy to take on for you: utility bills, letters from property management, WEG meetings, on-site reading appointments and much more.

By the way: We only charge for our services if the property is rented - as a flat rate share of the net rent.

In summary

Our unique all-round service for Budapest.

  • Specialized international letting service in Budapest
  • Own platform for renting to students
  • Equipment and furniture advice tailored to the target group
  • Outstanding presentation of your property on the web and video
  • Accessibility and presence on site for tenants and interested parties
  • Care when selecting tenants
  • Secure (digital) contracts
  • Market observation and price optimization
  • Monitoring the condition of the apartment
  • Customer area with detailed reports on income, expenses and tax payments due
Our claim

Digital, where it creates security.
Human where it counts.

Digital processes

Automated, traceable, secure.

  • Digital signature workflows for legally valid rental agreements and parental guarantees
  • Transparent reporting: Customer area with quarterly reports on income, expenses and taxes due
  • Automated processes related to the execution and control of income, expenses and deposits - including your own deposit account

The result: consistent quality and security of service - nothing depends on pieces of paper or coincidences.

Human care

Personal instead of chatbot.

  • Personal conversations with interested parties, tenants - and often their parents - instead of anonymous platform communication
  • Present on site and directly accessible via our own chat channels
  • React quickly to problems: prevent damage before it occurs - thereby preserving the value of your property

Trust is created through conversation - when selecting tenants as well as in everyday life afterwards.

Prices

Our billing model for landlords.

Do you want to (continue to) manage the property yourself or simply have peace and quiet? Whatever you decide: You only pay us for rented months. We see it as our responsibility to rent out the apartment for 12 months a year if possible - if we can't do that in one month, we won't earn anything that month. Both the acquisition of tenants as well as administration and tenant support are paid as a share of the rent actually received.

This distinguishes us from other providers who charge one or two months' rent when concluding a rental agreement - even though it is not yet clear whether the tenant will fulfill his contract.

basic10% of net rent

We find the tenants and draw up the contracts - you take care of everything else. Billing is done quarterly, based on the actual payments received.

Plus18% of net rent

We find and look after tenants, manage the apartment and represent you with utilities, property management, etc.

Premium21% of net rent

In addition to the services from Plus, we prepare the annual tax return, produce a professional video of the apartment free of charge and carry out personal viewings with potential tenants free of charge.

All services in detail

What is included in which model.

Each service can be opened up - it explains in detail what we do and what may be charged separately.

Performancebasic
10 %
Plus
18 %
Premium
21 %
Administration
Property management and utilities - communication

Communication with utilities and property management. We translate the letters and let you know if action or decisions are required from your side.

Reading dates etc

Arranging reading appointments, replacing meters, inspecting chimney sweeps, etc. In most cases, this requires on-site presence.

Owners' meetings (WEG)

Checking/translating the agenda of the WEG meetings. It is often enough to send a vote on one or more agenda items in written form to the property management. Of course we can help with that.    

Optional: Since the meetings are always outside of our business hours, participation is not included, but can be booked separately. Attendance at house meetings, participation in discussions and voting, translating minutes: 180 euros per meeting

Complete handling of additional costs

In the case of fixed-term contracts, the contracts (internet, electricity, gas, water) are not for the tenants, but for the landlord. 

We offer to take over the utility contracts and/or pay the bills and settle everything directly with the tenants. As a landlord, you then have no contact with additional costs and bills. 

Quarterly report: income, expenses, taxes

Our detailed quarterly report presents income and expenses and calculates the advance tax payment that must be declared and paid each quarter based on income.

Income tax return (rental income)

Preparation and sending of the personal annual tax return to the Hungarian tax office if it only includes the rental income from the properties we manage. 

If not included in the package price: 80 euros per declaration (once a year)

Marketing & acquisition of tenants
Advice on equipment and furniture

The better the apartment is tailored to the intended target group in terms of its features and furniture, the more successful the rental will be. We make sure that, on the one hand, the necessary features are present (e.g. kitchen appliances, dishes, cleaning utensils, washing machine, etc.), and on the other hand, the selection also helps to take better photos (furniture and decoration) and helps tenants feel comfortable. 

We are not fans of pure home staging, but want to ensure that images and reality match each other. 

We provide advice and put together shopping lists that you can then get yourself, or we can do this for you (billing based on time and effort) if you cannot be there.

Own online platform for rentals

For student housing: WG-Zimmer-Budapest.de

For international tenants: BudapestRoomRentals.com

Multi-channel marketing

Presence on other platforms, use of relevant social channels (IG, FB, Tk), as well as a network of university and company contacts as well as relocation agents. 

Live communication

Personal conversations with tenants (and often their parents) by telephone or via messenger services such as WhatsApp. This level is important because it builds trust, but at the same time gives us a good impression of whether a potential tenant is suitable for us or the apartment. 

Professional contract management (digital)

Using our own platform, we ensure legally secure, digitally signed and certified contracts and parental guarantees that are conveniently concluded online. 

We have tried and tested rental agreements in English and Hungarian that are tailored to the rental market in Budapest and cover all important cases. For example, they prevent contracts from being terminated prematurely and inform the tenant about the house rules, which are intended to make living together easier and ensure that the rental property is treated with care.

Professional photos and floor plan

Photography and image editing, provision of photos for the platform and other advertising channels.

If not included in the package price: 350 euros

Floor plan: If available, we convert floor plans (sketches or old plans) into a modern representation that gives tenants information about the sizes of the rooms and the layout of the apartment.

If not available, we will take measurements of the apartment and create a new floor plan (one-off: 120 euros)

Video production: inspection video

Camera, film editing, sound and narration - in English, with subtitles where useful.

If not included in the package price: 490 euros

Personal viewings with interested parties

By arrangement and if necessary, on-site visits with interested parties. Contract processing remains digital (rental agreement and parental guarantees). 

Coordination of the appointment with the current tenants and the on-site inspection (If not included in the package price: 35 euros per case)  

On-site support for tenants
Onboarding of tenants (handover of keys)

Key handover, instruction, protocol when moving in (1x per apartment and season). We document the condition via video recording at the beginning of each season and after renovations have been completed. 

Coordination of regular cleaning

For flatshares of 3 or more, and if desired also for smaller apartments, we provide cleaning staff who clean the common areas (kitchen, bathrooms, shared living room) every two weeks or once a month and look after everything in the apartment. This means we always find out immediately if something is broken or wrong in the apartment (tenants don't always report in time). 

We pass on the cleaning costs - but they are usually covered by the tenants' additional costs. 

Support for tenants / SOS service

SOS Service: Coordination of maintenance and repair work, help with problems with the internet connection and first level support for other questions from tenants (on working days during normal business hours).

Offboarding and final cleaning

Key handover, protocol when moving out (1x per apartment and season).

Assessment of the condition and recording of the necessary repair and maintenance measures. 

Coordination of the final cleaning (laundry and basic cleaning of the room or apartment, including windows, curtains and cupboards inside as required).

Monitoring payments (rent, deposit)

We ask for transfer confirmations or proof of standing orders to ensure that rentals are received in full and on time.

We offer a separate account for deposits through which payments are processed. This means you don't have to work with the transfers.

Optional: Acceptance of cash payments and forwarding them to the landlord (30 euros per transaction)

✓ = included in the package · — = not included or for an additional charge (details in the respective service)

Inquiry

Would you like to use our service for your property?

We look after apartments in Budapest if they are suitable for the intended target group in terms of location and condition. If you don't yet have a property or the condition is not yet suitable for renting, we can help with the search or development.

Tim Adams, Managing Director of Budapest Invest
Tim AdamsManaging Director Budapest Invest
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