Szalay Street, studio apartment

Budapest, Hungary, District V, Lipótváros

142,500

3,750.00/sqm

Studio

Bedrooms

38

Approx sqm


Szalay Street, studio apartment

District V, Lipótváros

sold
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Daniel Toth

0036 70 770 0193

Thank you

142,500

HUF 45,539,000

Studio

Bedrooms

38

Approx sqm

Key Details

1
Floor:
6
Sqm price:
€ 3,750.00 / sqm
Elevator:
Yes
Common Costs:
€ 1 / month
View:
Street
Apartment Condition:
Renovation needed
Orientation:
West
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

Welcome to this renovated studio apartment in the hub of Budapest, located in the neighborhood of the grandiose Parliament & Kossuth Lajos Square, in the corner of Szalay Street.

At 38 sqm with a cosy balcony, the attractive layout allows to create a spacious éiving area and sleeping space, seperated kitchen and bathroom. This area is popular among the students and tourists since close to universities and city center. It can be a good opportunity as an investment in one liked part of Budapest, so the new owner can get high income. Everything was changed in the suit 4 years ago. The unit is ready to rent it out for long or short term rental. The building was fully renovated from outside and inside as well.

Let’s explore the unexploited potential of the apartment and furnish it with Matthew & Daniel’s interior designer team and upgrade your investment’s yield! Our company can manage it, so don’t miss the busiest period!

Blue(M3) and red (M2) subway lines, trams (2, 4/6) just step away and there is no shortage of transportation options in the area. Deák Ferenc Square is easily accessible as well by foot! The neighborhood is also surrounded by Liberty Square, Kossuth Lajos Square, Danube and Margaret Island, Pozsonyi Street.

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

Welcome to this renovated studio apartment in the hub of Budapest, located in the neighborhood of the grandiose Parliament & Kossuth Lajos Square, in the corner of Szalay Street. At 38 sqm with a cosy balcony, the attractive layout allows to create a spacious éiving area and sleeping space, seperated kitchen and bathroom. This area is popular among the students and tourists since close to universities and city center. It can be a good opportunity as an investment in one liked part of B...
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Amenities

Balcony
Bathtub
Building central heating
Elevator
Excellent building condition
Mortgage free
Voice intercom
Windows in the bathroom
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.