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Buying a Property For Airbnhb in Budapest

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budapest
3/19/2019 17:10 EST

As I work helping foreigners with purchasing an investment property in Budapest , many buyers are unaware that due diligence must be conducted prior to a purchase in buildings in Budapest. Every district has different rules applying to renting the flat as an Airbnb in addition, so does each building within the district. Buying a property in Budapest is an excellent investment, but caution when the purchase is for short term rentals. Connecting you to profitable real estate. Eva Bonomolo, Budapest

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back2bud
6/1/2019 22:35 EST

Eva:
On a different, but related matter: I am a retiree planning to move to Budapest and live for a year or more, and I would be looking to rent an apartment. How difficult would this be? I have more than sufficient income, but I would not be working. Since I don't speak Hungarian, would I need someone to assist me with the documentation and understanding the lease, etc. Would you do that sort of thing or would I need a real estate attorney? How much would this type of service ordinarily cost? Thanks for your response.

Richard Maddow, USA

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budapest
6/2/2019 15:11 EST

Hello Richard,
Yes,certainly I can help you with renting an apartment , not difficult at all a work with foreigner;s moving to Budapest. I will help with the lease agreement but also I work with a real estate attorney who of course speaks English he will assist you in any legal questions you have. The lawyer's fee really depends on what work he does but it is not nearly as much as what legal fees are in the USA . There are many retirees in Hungary and many rental apartments for rent or to purchase.
You may contact me at evabonomolo@gmail.com and then I can be of assistance to any questions you have . You can provide me with your budget and I can send you examples of apartments for rent. Eva Bonomolo , REMAX Redpro , Ferenciek ter 3 Budapest

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