When advertising online, a budget of several tens of thousands of forints is typically required for effective promotion. In the ad description, aside from highlighting the property’s features, ensure that you include relevant information for your target audience (e.g., nearby shopping centers, public transport options, and recreational facilities). The quality of the images is also crucial. Given the large number of property listing platforms available, it is essential to be aware of which are the most popular. This primarily refers to the volume of monthly traffic they attract.

For understandable reasons, everyone aims to maximize the returns from renting out their property. In terms of pricing, it's relatively straightforward to gauge market conditions. If there is little to no interest after several weeks, it likely means that either the price or the advertisement is not aligned with the market. The goal should be to have the opportunity to select from a pool of potential tenants, rather than settling for the first one willing to rent the property after just a few weeks or months. What is required? A competitive price and, ideally, an appealing property.

Property photography plays a crucial role in presenting the property and attracting potential tenants or buyers. High-quality, professionally taken photos can significantly influence the speed and success of renting or selling a property. In our experience, around 85% of property listings in the market feature poor-quality images. Before the photoshoot, ensure the space is tidy and well-lit. Use a professional camera, wide-angle lens, and tripod instead of a mobile phone to capture the best possible images.

Both options have their own advantages and disadvantages, and the decision primarily depends on the property's characteristics and the preferences of the target tenant group. Furnished apartments are easier to photograph and can typically be rented at a higher price, but some tenants prefer to move in with their own furniture. If you choose to rent your property unfurnished, be prepared for the fact that, based on our experience, most tenants tend to look for furnished apartments, which may result in a longer time to rent out your property.

It is important to engage in a thorough conversation with potential tenants to gather as much information as possible. Pay attention to their income and the stability of their employment. The reliability of their job and income level are key indicators of their ability to meet rental payments. Since you are entrusting a valuable asset, requesting documentation such as an employer's reference or a bank statement should not feel uncomfortable. If a prospective tenant objects to providing this information, it is likely that you will encounter difficulties with them in the future.

The security deposit is a guarantee paid by the tenant to the landlord or property owner. It serves as protection for the property owner in the event that the tenant fails to fulfill their contractual obligations, such as paying rent or covering repair costs for any damage to the property. Generally, the security deposit is equivalent to one or more months' rent.

A thorough, documented, and photographically recorded condition report prior to handover helps prevent disputes regarding whether certain aspects of the property were already in a particular condition at the time of move-in or if changes occurred during the tenancy. Regular inspections (e.g., quarterly) provide the benefit of identifying any changes, ensuring both the tenant and landlord are aware of the property's condition throughout the lease term. In case of disputes related to property maintenance, these can be addressed and clarified at an earlier stage.

This is one of the most common sources of disputes, particularly if the lease agreement does not clearly outline the handling of repairs and the allocation of responsibility. Generally speaking, it is the landlord's responsibility to ensure the property remains fit for its intended use, while minor repairs or replacements resulting from everyday use and wear and tear fall to the tenant. However, the landlord must recognize that the natural wear and tear from the property's intended, daily use cannot be charged to the tenant.

The tenant must always be formally notified in writing of their payment obligations. If they fail to fulfill this, the option to terminate the lease agreement becomes available, followed by the move-out and settlement process. If the tenant refuses to vacate and has outstanding arrears, and you do not have a notarized document, your only recourse is to initiate legal proceedings, which can be a lengthy and costly process. However, if you possess a notarized document, you may initiate enforcement proceedings, provided the tenant has overdue payments and the lease has been terminated.

The standard renewal period in the market is typically 12 months. It is recommended to begin discussions regarding the renewal 30 to 60 days before the lease term ends, allowing ample time to agree on the terms for the extension.