Asbóth Street, studio apartment

Budapest, Magyarország, District VII, Belső-Erzsébetváros

111,900

4,144.44/sqm

Studio

Bedrooms

27

Approx sqm


Asbóth Street, studio apartment

District VII, Belső-Erzsébetváros

sold
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Krisztina Toth

0036 70 770 0943

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111,900

4,144.44/sqm

Studio

Bedrooms

27

Approx sqm

Key Details

1
Floor:
2
Property Type:
Classical
Elevator:
No
Apartment Condition:
Good
View:
Courtyard
Building Condition:
Average
Orientation:
Southeast
Common Costs:
€ 38 / month

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

7

%

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 2nd floor bright and cosy studio apartment with a balcony in the neighbourhood of popular Király Street, in the hub of Budapest.

At 28 sqm, the smart layout allows to separate a living area with a sleeping space which is perfect for 2 person. Because of the loaction, this unit is perfect investment in District 7 for short term rental utilization. The flat was renovated, changed the windows, done the heating system and fully furnished ,so all decorations, maschines and furniture are included in this price. The unit was running on Airbnb  with high occupancy, so the new owner can continue the business. Let’s explore the unexploited potential of the apartment and manage it with Matthew & Daniel’s team to upgrade your investment’s yield and reach a high rental income.

Public transportation is conveniently located nearby, just a steps away from the building easily accessible tram (4-6), blue, red and yellow (M3, M2, M1) subway lines. The neighborhood is also surrounded by Deák Ferenc Square, Váci Fashion Street and Gozsdu Court with restaurants, bars and cafés.

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 2nd floor bright and cosy studio apartment with a balcony in the neighbourhood of popular Király Street, in the hub of Budapest. At 28 sqm, the smart layout allows to separate a living area with a sleeping space which is perfect for 2 person. Because of the loaction, this unit is perfect investment in District 7 for short term rental utilization. The flat was renovated, changed the windows, done the heating system and fully furnished ,so all decorations, maschines and furni...
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Amenities

Balcony
Building central heating
Elevator
Fridge
Furnished
Mortgage free
Shower
Voice intercom
Windows in the kitchen

District VII. - Lively Bohemian

Over the past decade, the VII. District’s Jewish Quarter has evolved from a bohemian mess of streets to a pulsing, contemporary hotspot filled with new-wave coffee shops, boutique cocktail bars and restaurants, music venues and design stores. The ruin-pubs and Jewish culture that popularized the District are now couched between new neighbors incorporating Western European trends. But there’s no doubt that the colorful chaos of Szimpla Kert, Jewish gastro-gardens of Kőleves, Mazel Tov and co., and other bohemian mainstays still dictate the District’s flavor.

Despite its rapid evolution, the Seventh is big, filled with charming local spots, if you can pry yourself away from the lively Gozsdu Courtyard or Király Street. And with the highest population density of all the Districts, it offers 24-hour energy and life to residents and visitors.

The
Vibe

This eclectic and artsy area of town is by far the most popular for tourists, and home to the best parties in town.

What to Expect

Music, parties, a vibrant dining out culture, clothing and design boutiques are packed side-by-side along the main streets in the District. Nighttime diversions aren’t hard to find, as there’s guaranteed to be a party, show or happening almost any night of the week. This is the District to be for those looking to get the most out of Budapest’s nightlife.

What Not to Expect

The as-of-now mainstream ruin pubs and gentrification of the VII. District has squeezed out less profit-oriented underground or alternative venues to the neighboring VIII. and IX. Districts. The VII. also sees a transient bustle of tourists and short-term visitors and the flashier genre of establishments that accompany them, making the heart of the District an unfavorable location for families.

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.