Member of the A1 Group
Dohány Street, 1 bedroom apartment

District VII.

110,900

1,733 / sqm

beds

1

Bedrooms

sqm

64

Approx sqm

Dohány Street, 1 bedroom apartment

District VII.

sold
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110,900

HUF 43,600,000

beds

1

Bedrooms

64

Approx sqm

Key Details

baths
1
Floor:
1
Sqm price :
1,733 / sqm
Elevator:
No
Common Costs:
0
View:
Street
Apartment Condition:
Good condition
Building Condition:
Medium condition
Orientation:
East

Investment Opportunity

Will you buy this Budapest apartment as an investment? Based on the current condition, features and location of the property find our recommendation 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

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

7

%

Listing Description

Welcome to this bright and sunny apartment with street view in the neighborhood of popular Király Street, in the hub of Budapest, in Dohány Street. At  64 sqm, the smart layout allows to create a spacious living area and a bright bedroom, seperated kitchen, bath. There are new floorplan possibilities to create a 2 bedroom home or 2 studio unit. Because of the loaction, this unit is perfect investment in District 7 for long or short term rental utilization. The apartment was fully renovated in 2000 so it is ready to rent it out immediately only needs a fresh painting.The building is in good condition. The flat is in good condition, but with some facelift could be more attractive. 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. There are 2 storage in the cellar. Váci Fashion Street is easily accessible by foot, blue (M3), red (M2) and yellow (M1) subway lines are just steps away from the building and there is no shortage of transportation options in the area. The neighborhood is surrounded by great local restaurants,Deák Ferenc Square, Synagoge, theaters and museums. 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

Amenities

Storage
Circo Heating
Oven
Separated Toilet
Shower
Voice Intercom
Windows In The Bathroom
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.