Akadémia Street, 2 bedroom apartment

Budapest, Hungary, District V, Lipótváros

614,500

4,096.67/sqm

2

Bedrooms

150

Approx sqm


Akadémia Street, 2 bedroom apartment

District V, Lipótváros

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Krisztina Toth

0036 70 770 0943

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614,500

HUF 203,900,000

2

Bedrooms

150

Approx sqm

Key Details

2
Floor:
1
Sqm price:
€ 4,096.67 / sqm
Elevator:
Yes
Common Costs:
€ 53 / month
View:
Street
Apartment Condition:
Renovated
Orientation:
West
Building Condition:
Renovated

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

3

%

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

We’re offering a fully refurbished “art-deco” style luxury apartment for sale in the  neighbourhood of Parliament, Liberty Square and River Danube.

The flat has 149,87 sqm, situated on the 1st floor of a RENOVATED BUILDING FROM THE 1900-s, featuring an elevator. It is FULLY FURNISHED AND EQUIPPED with premium quality furniture and equipments.

The apartment consists of a sunny living room with fireplace (windows facing Akademia street), a separated kitchen and dining area, master bedroom with bathroom and wardrobe, guest bedroom and another bathroom. It is air conditioned, has alarm system installed and features electric shutters, fireplace and sound-proof windows.

With excellent public transport options (metro lines, buses, trams), several bars and restaurants nearby. A secure underground parking space is available with just a short walk from the building.

Common cost is 17 600 HUF / month. Water, gas and electricity bills are to be paid upon consumption.

Price: 618 000€ (invoiced amount with 0% VAT)

We're offering a fully refurbished "art-deco" style luxury apartment for sale in the  neighbourhood of Parliament, Liberty Square and River Danube. The flat has 149,87 sqm, situated on the 1st floor of a RENOVATED BUILDING FROM THE 1900-s, featuring an elevator. It is FULLY FURNISHED AND EQUIPPED with premium quality furniture and equipments. The apartment consists of a sunny living room with fireplace (windows facing Akademia street), a separated kitchen and dining area, master bedroom...
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Amenities

Air conditioning
Circo heating
Dishwasher
Electric shutters
Elevator
Excellent building condition
Fridge
Furnished
High ceilings
Owen
Shower
Voice intercom
Washing machine
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.