Terez boulevard, 2 in 1 apartment

Budapest, Hungary, District V, Lipótváros

309,500

3,774.39/sqm

2

Bedrooms

82

Approx sqm


Terez boulevard, 2 in 1 apartment

District V, Lipótváros

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Josh Goedderz

0036 70 627 5770

Thank you

309,500

HUF 102,000,000

2

Bedrooms

82

Approx sqm

Key Details

2
Floor:
3
Sqm price:
€ 3,774.39 / sqm
Elevator:
Yes
Common Costs:
€ 71 / month
View:
Street; Courtyard
Apartment Condition:
Renovated
Orientation:
West
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

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

5

%

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

This is efficiently designed 2 in 1 unit, which includes two studio apartments with separate entrances.  It has been recently renovated and is move-in ready, with all the furniture included in the price.  In addition, all the utilities are metered individually which makes for a great long term rental situation.  The location is ideal and centrally located, close to Nyugati train station and the 4-6 tram.

This is efficiently designed 2 in 1 unit, which includes two studio apartments with separate entrances.  It has been recently renovated and is move-in ready, with all the furniture included in the price.  In addition, all the utilities are metered individually which makes for a great long term rental situation.  The location is ideal and centrally located, close to Nyugati train station and the 4-6 tram.
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Amenities

Air conditioning
American kitchen
Bathtub
Electric heating
Elevator
Fridge
Furnished
High ceilings
Owen
Shower
Windows in the bathroom
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.