Petőfi Sándor Street, 2 in 1 apartment

Budapest, Hungary, District V, Belváros

288,500

2,671.30/sqm

2

Bedrooms

108

Approx sqm


Petőfi Sándor Street, 2 in 1 apartment

District V, Belváros

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Krisztina Toth

0036 70 770 0943

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288,500

2,671.30/sqm

2

Bedrooms

108

Approx sqm

Key Details

2
Floor:
Ground floor
Property Type:
Classical
Elevator:
Yes
Apartment Condition:
Renovated
View:
Garden
Building Condition:
Renovated
Orientation:
Southeast
Common Costs:
€ 78 / 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

5

%

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.

Amenities

American kitchen
Circo heating
Elevator
Excellent building condition
Fridge
Furnished
Owen
Shower
Voice intercom

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.