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How to settle in Budapest?

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Hy everyone.
We are a two spanish artists planing to settle in Budapest in January 2014 and are a little bit worried because we dont speack hungarian and we dont know if that will be a big problem for us, for example, if we want to rent an apartment. We need to rent a big space because we plan to live and work there. We are interested in districts I, V, XIII,VI, VII and VIII. Right now our main concern is the fact that we don´t speak hungarian. Is it possible for us to establish in Budapest speaking only english or german? If not, is it possible to hire someone who can translate for us when we need it?
Aside from this, any information that you may consider usefull for someone in our situation and that you have the kindness to share with us will be very much welcomed.

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