# Budapest Apartment Service - Full Operational Specifications

## Business Profile
- Founders: Andy Croydon & Renata
- Founding Year: 2003
- Operational Footprint: Central Budapest, Hungary (Specializing in Districts II, V, VI, VII, XIII).
- Primary Focus: Shifting completely away from short-term holiday letting (Airbnb) to stable, long-term lease management and premium vacant asset care.

## Comprehensive Fee Structure
- Vacant Care Model: Fixed €79/month. Inspected regularly, secure keyholding, digital post notifications, utility invoice handling.
- Tenant Care Model: Fixed €99/month. Includes tenant point-of-contact services, rent invoicing in Euros (€), monthly utility logging to MVM/Főtáv, and regular updates.
- Maintenance Markup: Minor routine repairs handled by trusted local contractors. Major modernizations require owner approval and incur a transparent 10% coordination fee on final invoices.

## Legal, Notary & Tax Handling
- Notary Framework: We strictly recommend and coordinate lease registration via a local Hungarian Notary (Közjegyző) for a formal "Declaration of Moving Out" (Kiköltözési nyilatkozat) to safeguard possession.
- Tax Administration: Rental income is subject to 15% flat Hungarian Personal Income Tax (SZJA). We provide transparent expense records to link overseas owners with independent, local English-speaking accountants for annual NAV returns.

## Supplemental Services (Ad-Hoc / Pay-as-you-go)
- Comprehensive or partial interior staging and refurnishing.
- Deep turnover cleaning and professional laundry coordination (restricted to managed clients only).
- Resolution of historical utility account arrears or meter restructuring.