Magyar Street, 3 bedroom apartment

Budapest, Hungary, District V, Belváros

453,900

4,202.78/sqm

3

Bedrooms

108

Approx sqm


Magyar Street, 3 bedroom apartment

District V, Belváros

sold
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Daniel Toth

0036 70 770 0193

Thank you

453,900

HUF 145,049,000

3

Bedrooms

108

Approx sqm

Key Details

2
Floor:
2
Sqm price:
€ 4,202.78 / sqm
Elevator:
Yes
Common Costs:
€ 1 / month
View:
Street
Apartment Condition:
Renovation needed
Orientation:
Southeast
Building Condition:
Renovation needed

Investment Opportunity

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!

Ideal For

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.

Average yield

%

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.

Listing Description

Fall in love with this newly renovated, fully renovated 3 bedroom, 1 bath luxury suit located in the neighbourhood of the Károlyi kert.

In 108 sqm  the smart layout allows to create separate a spacious living area with an equipped american kitchen and three sleeping areas for long term rental utilization as it’s perfect for students or a family. This area is popular among the students since close to universities, so it can be a good opportunity as an investment in one developing part of Budapest, our team can manage it. Everything was changed in the suit and done in high quality. All the pictured furniture are included in this listing price, so the unit is ready to rent it out immediately. Because of its location it can be rented out for short term rental easily, so do not miss this investment opportunity.

Public transportation is conveniently located nearby, just a steps away from the building easily accessible buses, trams and blue, red (M3, M2) subway lines and Deák Ferenc Square. The neighbourhood is surrounded by the Corvin, Kálvin Square, Fővám Square and Egyetemtér.

Schedule your private viewing today and make this  apartment in Budapest your new investment!

Call/email/text us for a showing at your convenience. Showings are available 7 days a week upon request.

We look forward to guide you through the Budapest real estate market!

The EUR prices are indicative only, calculated on the rate of 1 EUR = 310 HUF

Fall in love with this newly renovated, fully renovated 3 bedroom, 1 bath luxury suit located in the neighbourhood of the Károlyi kert. In 108 sqm  the smart layout allows to create separate a spacious living area with an equipped american kitchen and three sleeping areas for long term rental utilization as it’s perfect for students or a family. This area is popular among the students since close to universities, so it can be a good opportunity as an investment in one developing part of Bu...
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Amenities

Air conditioning
American kitchen
Bathtub
Circo heating
Dishwasher
Elevator
Fridge
Furnished
Mortgage free
Owen
Separated toilet
Shower
Voice intercom
Windows in the bathroom
Windows in the kitchen
With view

District V. - Downtown Prestige

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.

The
Vibe

Quintessential Budapest - charming and dynamic.

What to Expect

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.

What Not to Expect

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.

All square footage measurements are approximate and should be independently verified and confirmed. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Matthew & Daniels expressly disclaims any liability in connection with such measurements.