Flott Invest offers you a guaranteed rental income, which can be considerably higher than the yield given by a bank account.
In Budapest there is a great shortage of good long-term apartments for rent. The possibilities of renting short term, although higher, are more influenced by external factors. Our property management department can help you to maximize your yearly rental income.
In a sale-with-rental guarantee we will agree a fixed percentage of the rental revenue guaranteed for you.
For long term rentals, the normal practise is to charge 12% of the yearly income to find a tenant. We offer 50% discount from our agency fee to find the first tenant and 50% discount from the first year property management fee.
The normal return on the rental of an apartment between 300,000€ and 900,000€ will average 5% annually, which is much better than the poor yield given by most of the banks and it is considerably better than most of the Europen countires.
Interested in having more information about investing in property in Budapest?
We understand that, as a result of the above information, you may have questions or would like to discuss with us the specific opportunities for you.
Please feel free to contact us.