District V, Belváros
Will you buy this Budapest apartment as an investment? Based on the current condition, features and location of the property find our reccommendation how to get the most out of it. If you are interested in a detailed business plan with potential annual income, deductables, taxation please contact us!
Short term rental
Establish hassle free income by assign a property management company. The recommended letting type based on the current condition and features of the property as well as the suitability of the location.
Calculated from the potential annual income deducted with all operating expenses (Net Operating Income). The amount reflects the condition and features of the property as well as the local market trends.
Come to see this unique design 1 bedroom apartment with airbnb permission in district 5, neighbourhood of Váci utca and Ferenciek Square!
In 54 sqm the smart layout allows to have 1 American kitchen living room, 1 bedroom with attached bathroom. The apartment has been fully renovated in a high standard in the end of 2017. Real wooden floor, new electric wires, water pipes, furniture. All furniture and machine are included in the price. The apartment is currently running on airbnb with 4.9 star and managed by a super host. The account is also included in the price.
The building just has got 1,000,000 EUR for fully renovate and upgrade it inside-out, works already started in 2018. In the neighbourhood there is 2 Luxury Hotel is under construction like Parisian court and Matild Palace on Ferenciek square which will also increase the neighbourhood price.
Neighbourhood is surrounded by the famous Central Cafe House, Váci Fashion Street, Károly Garden and River Danube is just 2 block away.
Call / e-mail / text us! Showings are available 7 days a week upon request!
The Fifth district offers its residents the ultimate downtown lifestyle. Filled with luxury accommodation, fine dining, and tourist attractions alike, it’s one of the busiest areas for business and tourism. This district is an attraction for visitors and investors alike and is one area where renovations are consistent and streets are well-kept.
Property prices in the Fifth district are among the highest in the city, but the area has proven to deliver excellent returns for investors, across all neighborhoods. There is a huge diversity in neighborhoods, ranging from bustling party streets to the incredibly peaceful streets of Viziváros (Water City). Investors looking for property in this neighborhood should consider how close (or far) they want to be from the tourist buzz.
Total quiet and green surroundings are not characteristic of this neighborhood. Even on the quietest streets, adventurous visitors to the city roam around during the day. Vehicle traffic can also be heavy in this area, especially during holiday street closures, which can make parking more difficult.
Finally, although the district offers several beautiful parks to choose from, District V is not considered one of the greenest areas in the city.