Property management in Budapest: The advantages of entrusting your property to professionals

Why is property management becoming increasingly popular in Budapest?

In recent years, demand for investment rental properties in Budapest has surged. The city attracts a growing number of young people moving here for their studies, as well as foreign nationals drawn to the capital.

While it may seem natural to handle rental management tasks on your own, they can quickly become overwhelming. From managing listings and responding to tenant inquiries to organizing maintenance work, these responsibilities require time, energy, and expertise.

That’s why more and more property owners are turning to professional management services. An experienced property management company lifts the burden off your shoulders and ensures your apartment generates consistent income—while also preserving its long-term value.

What does professional property management mean?

Property management goes far beyond occasionally checking in on tenants and collecting rent. A professional property management company offers a comprehensive service that covers all aspects of rental ownership—handling the tasks that are often challenging or time-consuming for landlords.

At Homever, our property management service is built around four core pillars:

1. Property leasing

We take care of the entire leasing process. We conduct property valuations, create professional photos and videos, and prepare listings based on them. These listings are published across all necessary platforms, and we manage incoming inquiries and show the property to serious prospects.Beyond standard advertising, Homever also utilizes its extensive referral network. Over the past 10 years, we have built a validated tenant database from more than 1,000 successful rentals. We maintain close partnerships with relocation companies, multinational firms, universities, and embassies.

Our goal is to efficiently find the most suitable tenant for your property and minimize vacancy periods.

2. Tenant search and screening

As the saying goes, “A person is known by living with them.” Since there’s no time or opportunity to trial prospective tenants, we conduct thorough background checks. We assess their financial stability, employment status, personal circumstances, and other key factors to help make a well-informed decision.

After screening, we recommend only truly reliable tenants.

3. Maintenance

Whether it’s minor repairs or urgent malfunctions, we handle the issue promptly. We work with reliable professionals who perform the necessary tasks quickly and expertly. You don’t have to arrange appointments or request quotes. All related costs are always transparently accounted for.

4. Legal support

Rental processes often involve numerous legal pitfalls. We prepare all necessary documents—from lease agreements and declarations to invoicing. Should a dispute arise, our legal team is ready to assist in resolving the matter. Our goal is to ensure your rental is grounded on a solid legal foundation.

Apartment rentals in Budapest – current trends and opportunities

The Budapest real estate market is constantly evolving, with stable demand for long-term apartment rentals. This presents an excellent opportunity for those who wish to rent out their property without dealing with daily administration or tenant turnover.

What are the advantages of long-term apartment rentals?

Long-term apartment rental is an ideal solution for those who:

• seek reliable, predictable monthly income,
• prefer to avoid frequent tenant turnover or preparing the apartment repeatedly,
• value the long-term preservation of the property’s condition,
• aim for a legally secure and well-regulated rental agreement,
• do not wish to manage daily customer service or logistical tasks.

Market in Budapest

Long-term apartment rentals remain active in Budapest. In the inner districts, primarily young working tenants, students, and expats seek quality rentals. In the outer districts, there is a growing presence of families with young children and tenants planning to stay for an extended period.

Rental prices have steadily increased recently, allowing rental properties to generate significant returns—especially when property management is conducted professionally and efficiently.

Flat management optimized for long-term rentals

Homever is exclusively specialized in long-term residential rentals. Our goal is to make property leasing stress-free and predictable for owners. We also ensure tenant satisfaction through transparent communication.

With proper property management, renting out your apartment becomes not a burden, but a genuine source of passive income!

Why is it worth entrusting property management to professionals?

Many people think renting out an apartment is simple: post an ad, sign the contract, and collect monthly rent. In reality, it’s much more complex. Tenant expectations and regulations are constantly changing. Professional property management not only saves you time and money but also guarantees complete peace of mind.

Here are 4+1 reasons why you should entrust your property management to experts:

• Time saving: No need to coordinate with tenants, handle repairs, or draft contracts — Homever takes care of everything.
• Reliable tenants: Thanks to our thorough screening process, only tenants who can truly be trusted with your property are placed in your home.
• Minimal vacancy: Thanks to our efficient advertising and quick processing, your property stays unoccupied for the shortest possible time.
• Legal security: We use professional, up-to-date rental contracts that protect your interests, and you can rely on us for legal matters if needed.
• Predictable income: We ensure all finances are transparent with regular, accurate accounting and clear operations.

A professional property manager is not a cost but an investment: they help your property generate the maximum profit with minimal effort.

Flat management as a landlord: these are the most common challenges

Many property owners only realize how complicated renting out can be once difficulties arise. The following problems affect almost everyone who tries to manage their property alone:

• Many inquiries, few genuine tenants: Ads often attract numerous unserious applicants. Pre-screening is time-consuming and exhausting.
• Late-paying or problematic tenants: Financially unstable or unreliable tenants may delay payments, cause damage, or simply disappear. Inadequate contracts can lead to long-lasting disputes.
• Maintenance issues: A dripping faucet, faulty boiler, or broken heater often require the owner to handle them immediately, sometimes even during work hours.
• Legal issues, lack of contract templates: A poorly drafted contract can cause serious problems in disputes. Without a contract, even worse scenarios may arise.
• Lack of time: Property management often requires actions, administration, and presence during regular weekday working hours, which is difficult to reconcile with other commitments.

These issues not only reduce your returns but also make renting out your property stressful. If you’d like us to take the burden off your shoulders, please get in touch!

Who is professional property management for?

Home management is not only for “major investors” – we are happy to work with single-property owners as well! There are many situations where entrusting your property to professionals is especially worthwhile:

• Owners living abroad or who travel frequently
• Those who do not want to deal with daily management tasks
• Those who value the long-term preservation of their property’s value
• People new to renting out properties who are unfamiliar with the legal, financial, or administrative background
• Those who have already encountered problematic tenants and want to avoid repeating the experience

How much does property management cost in Budapest?

Homever’s flat management and rental fees are transparent. Our prices are always based on the value of the property, ensuring the service is worthwhile for every owner.

Our pricing is straightforward:

• Success fee for rental: We charge a one-month rent success fee only after the rental contract is signed, so you pay only if the rental is successful.
• Property management fee: The monthly management fee is 8% of the rent, VAT exempt. This includes tenant communication, maintenance coordination, legal administration, and regular accounting.

Why is this construction worthwhile?

• Cost-effectiveness: No hidden fees or extra charges. The success fee motivates us to rent out your property as quickly as possible. The management fee covers ongoing administration.
• Predictability: The monthly fee is a fixed percentage, making budgeting easy.

If you’d like us to manage your apartment too, please get in touch with us!

Ready for hassle-free apartment rental? Entrust property management to the professionals!

Long-term apartment rental in Budapest is a great opportunity for stable, predictable income. However, the key to success and peace of mind lies in professional property management. An experienced property manager not only saves you time and energy but also helps select reliable tenants, takes care of the property’s condition, and handles legal matters—all for your utmost convenience.

Don’t let your property be just a “side hassle” in your life! Use our services and enjoy all the benefits of passive income!