Nagy Ignác Street, 3 bedroom apartment

Budapest, Hungary, District V, Lipótváros

372,500

4,598.77/sqm

3

Bedrooms

81

Approx sqm


Nagy Ignác Street, 3 bedroom apartment

District V, Lipótváros

sold
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Daniel Toth

0036 70 770 0193

Thank you

372,500

HUF 119,009,000

3

Bedrooms

81

Approx sqm

Key Details

1
Floor:
6
Sqm price:
€ 4,598.77 / sqm
Elevator:
Yes
Common Costs:
€ 1 / month
View:
Panorama
Apartment Condition:
Renovation needed
Orientation:
East
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

Long Term Rental

Establish hassle free income by assign a property manager. The type of the rental reflects the current condition and features of the property as well as the suitability of the location.

Expected Yield

%

Realize immediate income by putting this property in work. The amount of the return reflects the current condition and features of the property as well as the local market trends.

Listing Description

Come to see this 3 bedroom and newly renovated, bright home with terrace in the District 5, in the neighborhood of the Danube and Kossuth Square.

In 81 sqm with a 10 sqm terrace, the attractive layout allows for separate a living room, 1 kitchen and 3 bedrooms, 1 bathroom for long-term rental utilization as it’s perfect for a family or some students.  The unit is newly renovated, the price included almost all furniture and machines so it’s ready to rent it out immediately or move into the flat. Don’t miss this investment opportunity in a nice classical building.

Public transportation is conveniently located nearby, just a steps away from the building easily accessible tram (2, 4-6) red and blue (M3, M2, M1) subway lines or Kossuth Lajos Square. The neighborhood is also surrounded by the grandiose Kossuth Lajos Square, Liberty Square, Danube, and excellent local restaurants, parks, banks and coffee shops.

Please join us at our next Open House or 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

Come to see this 3 bedroom and newly renovated, bright home with terrace in the District 5, in the neighborhood of the Danube and Kossuth Square. In 81 sqm with a 10 sqm terrace, the attractive layout allows for separate a living room, 1 kitchen and 3 bedrooms, 1 bathroom for long-term rental utilization as it’s perfect for a family or some students.  The unit is newly renovated, the price included almost all furniture and machines so it's ready to rent it out immediately or move into the ...
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Amenities

Balcony
Bathtub
Building central heating
Dishwasher
Elevator
Excellent building condition
Mortgage free
Owen
Separated toilet
Top floor
Voice intercom
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.