TIPs for Tenants Renting an Apartment in Budapest

Differences Between Individual Landlords and Property Management Firms in Budapest

As a tenant in Hungary you don’t need your property manager to be your friend, but you should expect from your Management Company or Landlord in Budapest the following:

  • A lease agreement that protects your interests
  • Respect for your privacy and other tenant rights
  • Clear and honest communication
  • Prompt service handling repairs and other problems
  • Reasonable rent increases (if necessary)
  • No hassles regarding return of your security deposit

Ask current tenants (if at all possible) about their interactions with the individual landlord or property management company in Budapest.


Here are some issues to consider in Hungary

Professional property management companies in Budapest may be, more professional than landlords when it comes to handling repairs and maintenance. Some individual landlords in Hungary may be less willing to spend their time and money on repairs.

A landlord who handles all the property management work may not always be available when you lock yourself out or have a plumbing emergency, while you can expect a property management company in Budapest to provide this service.

A professional property management company in Budapest may be a stickler for rules and procedures, such as doing move-in inspections and rekeying of locks with every new tenant, less emotionally involved than an individual landlord and more rational at arriving at businesslike compromises. The attention of an individual landlord in Hungary may sometimes be more intrusive than desirable.

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