City Lofts Management Service

Once the apartment is rented, the work is not yet finished, it has just started! Our team of experienced Property Managers will save you time and money so you can enjoy the benefits of your property investment. From our Head office on Andrassy, our property management team will manage the tenants, collect rents, perform property inspections and provide financial statements for accounting purposes.


Property Management
• Collecting monthly Rents
• Payment of Utility Services
• Checking the apartment
• Liaising between landlord & tenant
• Attendance at building representatives meetings
• Checking incoming mail
• Collecting all official notifications, statements and letters
• Storage of all official documents concerning the property
• Secure storage of keys
• Process queries of tenants and owners in relation to internet, TV, phone services, residence permits, etc.


Financial Reporting
Once your property is rented and fully managed it is very important for you as the landlord to have updated, transparent and easy-to-access information about the financial performance of your investment. Tower will provide the following financial reporting service:
• Quarterly balance statements on your income & outgoings by email and post
• Confirmation of rental payments to your Hungarian bank account
• Arrange payment of the utility services
• Issue receipts for the transactions in accordance with Hungarian accounting regulations

Fee’s: 10%+VAT of the monthly rental income.