Optimize the returns of your property investment in Budapest or Hungary
The lifespan of a property seems easy to understand. It is bought and developed, then occupied. It needs ongoing maintenance and eventually may be refurbished or redeveloped. The lease obligations, financial constraints and evolving legislation that need to be dealt with are not so simple.
Professional and honest property management is a key to ensure low costs and maximum achievable incomes.
PANNONIA Property Solutions offers and uses a comprehensive service package from acquisition to the sale of the real estate asset.
The ongoing property management includes the following services:
- Property Lease Consultancy in Budapest and Hungary
negotiating the best possible terms and conditions with tenants, preparing lease agreement
- Property Letting in Budapest and Hungary
finding tenants, minimizing vacancy periods
- Rent Collection in Budapest and Hungary
strict rules to control tenants payments and cashflow
- Ongoing Maintenance and Repairs
keeping property value high, distinguishing tenants responsibilities
- Periodic Property Inspection
making sure property is used properly and in order
- Cost Control
continuous control of utility costs, condominium charges and local authority charges to avoid indebtedness and consequent legal procedures
- Processing Insurance Claims
taking immediate actions to restore original conditions and cover repair costs
- Online Property Status Report
constant access to actual property lease details on-line any time
- Transparent Financial Statements
clear picture of past costs and income throughout management period
forwarding all invoives and bills to accountant in due course to reduce tax base
Please contact us for details on the possibility of the management of your Budapest real estate asset in Hungary. To transfer your property into our management is easy, you only have to make the decision. For references on the management please do not hesitate to contact us.