Living far from your property investment, you need a trustworthy local partner who looks after the value of your property, makes sure you can reach the highest return on your investment and let you know about all important information. Choosing the right property management firm in Budapest, Hungary, is a big decision.
Discover our property management services!
Insurance. When letting out an apartment, it is important that the property contents are insured and that you are covered against fire, robbery, and public liability. Tower's professional in-house broker is qualified to find the best insurance solution for your property in Budapest.
Tenant Screening. All prospective tenants are personally met and cross-checked before signing the contract. Personal identity documents, proof of employment, or bank account statements are always required from tenants by your property manager.
Regular Inspections. We will keep an eye on your Budapest property - Whether your property is rented or vacant, regular inspections are carried out, checklists are monitored and follow-up home management activities are completed to insure your property stays in good shape.
Eviction of Non-Paying Tenant. In case of non-payment or breach of the Lease Agreement, Tower's property management team will represent your interests. Payment notices will be delivered and if necessary, eviction is handled with the assistance of our legal partners.
Accounting Services. If your tax is not up-to-date, you are in danger of being fined by the tax authorities. Beside reliable property managers, Tower employs in-house chartered accountants to optimize taxation.
Rental Department. Tower's in-house lettings division rents out close to 40 properties every month. This team consists of 5 Letting Agents, an Administrator, and a well-experienced Lettings Manager. Our lettings team constantly cooperate with your dedicated property manager to minimize the vacant period.
Bank Transfers. As part of our real estate management service, a professional team of dedicated finance account managers deals with our clients' accounts and fund management. After paying the utility and common cost bills, funds are transferred to Landlords every month.
Occupancy. With the help of Tower diverse marketing activities, our in-house and external letting agents have been able to achieve a 98% occupancy ratio in our managed stock.
Cash collection. All Tower tenants pay the rent by bank transfers or depositing the money at the bank. A dedicated member of our home management staff is responsible for rental collections.
Marketing. Tower uses a range of both online and offline marketing tools. We have dedicated rental websites, we use the largest local property portals, and we manage a network of universities, partner agencies, and corporate contacts.
Account Management: At Tower, you will be in contact with one person, your dedicated Client Account Manager who is always up-to-date with the state of your investment.
Tower 365: Through Tower's unique apartment management login system you will get 24/7 access to your Budapest property. See financial transactions, up-to-date property management activity notes, your tax returns, your property details, and more.