Short Term Property Management

In the decade since 2008, tourism in Budapest has seen unprecedented progress: the number of guest nights spent in commercial accommodations grew by 70%, and the number of guest arrivals by around 75% in just ten years! The Budapest tourist sector has been performing steadily since 2010, and is visited by around 30 million tourists each year. With most of our investors purchasing properties in Budapest’s most prime locations, we established our short-term management company called BQA (Budapest Quality Apartments) to provide them with an inhouse A-Z management service. Today, BQA manages over 120 units with an average occupancy rate of 77% per month, giving our investors a yield of between 7-12% yearly, and provides the following services to our clients:

-issuing permissions & property insurances needed to operate properties as short term rentals

-full Airbnb setup: including ordering necessary items like textiles, kitchen ware etc and taking professional pictures to advertise on social media

-advertising properties on platforms like Airbnb, booking, trivago etc.

-pricing strategy: including changing the prices for each property on a daily basis in order to maximize the occupancy rate

Using a hotel management software, our investors receive access to a software which allows them to see all upcoming reservations from all platforms on one synchronized calendar.