Situation
This 126 m² luxury apartment with terrace in Szervita Square (District V) was brought to market as a premium rental.
The owner, a Swiss citizen, wanted to secure a high-quality, long-term tenant who matched the level of the property.
High-end properties like this typically attract fewer enquiries and can take longer to rent if not positioned correctly.
The challenge
The challenge was not attracting interest, but attracting the right tenant willing to commit at this level.
At this price point, the pool of potential tenants is smaller, and expectations are significantly higher.
What we did
We positioned the apartment toward senior international professionals and corporate tenants relocating to Budapest.
Enquiries were filtered to focus only on applicants who matched the standard of the property, ensuring a controlled and selective process.
The result
The apartment was rented within 6 weeks a strong result for a property in this price range.
A senior partner at a top global auditing firm from the United States secured the property at €4,500/month plus costs.
Why it worked
At this level, tenants are highly selective and the pool is smaller.
Success depends on reaching the right audience and maintaining a clear market position, rather than generating high volume.
Client perspective
"City-Lets secured a high-quality tenant at the expected level and handled the process with care throughout."
Final insight
Premium properties require a targeted approach.
Success comes from reaching the right tenant not from lowering the price or broadening the audience.