City Lets
Management Charges
Charge for managing empty property - 7500 forints
Finding a Tenant - First months rent
Monthly management fee - 10% of rent per month
Repairs, cleaning etc - 10% of total costs
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 PROPERTY MANAGEMENT
SPECIALISED MANAGEMENT SERVICES THROUGH OUR PARTNERS AT CITYLETS-BUDAPEST
Abe Richman and Alex Markus established the Citylets office in Budapest, having established their first office in London three years ago.
They have an established record of success in both the residential and commercial property sectors.
The diverse property portfolio under current management includes both residential and commercial portfolios in London and Budapest. The portfolio under management comprises some 350 properties with an approximate value in excess of 145 million euros.
High returns for our clients have been achieved by fully integrating investments, asset management and have fully independent relationships with lenders and developers alike. This winning combination of independent property professionals and service providers, have provided a solid, steady foundation for maximising profits and putting the clients interests first and foremost.
Citylets pride themselves with a strategy that is always looking to improve cash flow through lettings, rents reviews and a great focus on non recoverable expenses all of which they understand to be our client’s number one priority. Their staff, who are multilingual, are a group of extremely motivated individuals who are focused on specific quarterly targets.
Additionally they have contacts in both the tax and legal arenas on hand to advise the best way forward in the relevant circumstances. This enables the client to enjoy peace of mind especially with an investment close to heart but not necessarily close to home.
We at Hive Real Estate and our partners at Citylets look forward to being at your service and assisting you with all matters relating to your valued investment.
We
know how important your investment is to you, so if you would like
further details of our management services, please contact us at
hh@hiverealestate.com or
telephone us on 01491 874413
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