Sas Utca, 3 bedroom apartment

Budapest, Hungary, District V, Banknegyed

323,900

3,810.59/sqm

3

Bedrooms

85

Approx sqm


Sas Utca, 3 bedroom apartment

District V, Banknegyed

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Josh Goedderz

0036 70 627 5770

Thank you

323,900

HUF 108,300,000

3

Bedrooms

85

Approx sqm

Key Details

2
Floor:
3
Sqm price:
€ 3,810.59 / sqm
Elevator:
Yes
Common Costs:
€ 45 / month
View:
Courtyard
Apartment Condition:
Good
Orientation:
North
Building Condition:
Good

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

6

%

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

A 3 bedroom apartment in the desirable downtown financial district, within 100 meters of The St Stephen’s Basilica. Situated in an absolutely stunning historical building, this 85 square meter flat has been newly renovated without loosing its classical feel.  It has a unique and versatile layout which includes 4 rooms,  2.5 bathrooms, and 2 kitchens, giving it the potential to split into 2 separate flats. The apartment is located on the 3rd floor with a peaceful courtyard view, yet very bright during the day. The prime location also allows it’s residents to move easily throughout the city due to close access to public transportation connections, including the subway and local buses. The building common cost is 15000,- Huf, which includes water consumption.
A 3 bedroom apartment in the desirable downtown financial district, within 100 meters of The St Stephen's Basilica. Situated in an absolutely stunning historical building, this 85 square meter flat has been newly renovated without loosing its classical feel.  It has a unique and versatile layout which includes 4 rooms,  2.5 bathrooms, and 2 kitchens, giving it the potential to split into 2 separate flats. The apartment is located on th...
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Amenities

Bathtub
Elevator
Excellent building condition
Fridge
High ceilings
Mortgage free
Owen
Separated toilet
Shower
Top floor
Windows in the kitchen

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.