Dear Tower Landlord! Spring – with lots of beautiful sunshine – has arrived in Budapest! First of all, let me thank you for your continued business and for continuing to trust us with the management of your property in Budapest. We greatly value your business. This has been an eventful start of the year for Hungary. Following on from Spain and Belgium, Hungary has taken on the European Union presidency for the first six months of 2011. During its presidential role, Hungary is hosting 260 events, which will address – among many others – the Danube Region Strategy, creating a European Roma Policy and the Struggle Against Child Poverty. For more information on the Hungarian EU Presidency, you can visit: www.eu2011.hu The tourist season has also started in April, with many millions of tourists expected to Budapest this year. The "Paris of the East" can be an attractive city break destination for all age groups offering fascinating architecture, cruises on the River Danube, the Opera, classical and contemporary concerts, and fantastic food! If you are planning a trip to Hungary this year, it will be well worth visiting the following website, which provides detailed information on events and attractions in Hungary: www.funzine.hu . The Irish Times did an article on Budapest recently, you can read this at the following link: http://www.irishtimes.com/newspaper/travel/2011/0219/1224290190103.html In terms of the lettings market, the number of transactions is relatively stable (Tower rented 82 properties in Q1), but some slight decrease can be seen in the monthly rental fees. Many students who will arrive for the 2011 / 2012 school term have already started their flat search, with some owners accepting a deposit to hold the property and betting on shorter term rentals in the meantime. By contacting our current tenants in time, we have successfully been able to extend a significant number of rental contracts. Our current rental marketing strategy includes our own websites, portal advertisements, google advertisements, posters, flyer distribution, large signage on the properties, network marketing, and referrals. If your property has not rented for a sustained period, please contact Martha Róna directly and she will make sure that everything is being done to promote your apartment! Martha's email is marta.rona@towerbudapest.com The first few months of this year have been very busy for us here in the Tower Property Group. A new company management computer software has been introduced. With the help of this professional software we are now able to manage your Budapest property investment even better. A new version of our internet based, 24/7 landlord login system, Tower365 has also been developed and will be available for our clients from next week. This upgraded system will provide you with additional features, so you can receive even more visibility of our management activities relating to your Budapest property.