||This term refers to lighting that is located above the ceiling and does not have a light fixture hanging from the ceilings. This type of lighting provides a very clean and contemporary look to an apartment.
||These buildings are owned by an individual or a company and the apartments are available exclusively on a rental basis.
||A broker earns a rental commission on the rental of an apartment. The prospective tenant typically pays this commission which can range from ten to fifteen percent of a years aggregate rent. In a hot rental market, these fees will tend to be in the neighborhood of fifteen percent. In a soft market, one may induce a real estate agent to reduce his/her fee in order to conclude a transaction.
||When a tenant in a rental building decides that he/she must rent out their apartment for a short period of time because they are leaving Budapest, they have an opportunity to assign their lease to another tenant for the period of time that they will be out of town. These types of sublets are usually furnished and last less than a year.
||In Hungary legally a ”room” has to be at least 13 m2, if it is smaller it is a „half-room” . We don’t count the kitchen or the dining room as rooms, only the bedrooms, the living room and the study.