Dohány street, 1 bedroom apartment

Budapest, Hungary, District VII, Erzsébetváros

122,900

2,614.89/sqm

1

Bedroom

47

Approx sqm


Dohány street, 1 bedroom apartment

District VII, Erzsébetváros

sold
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122,900

HUF 40,000,000

1

Bedroom

47

Approx sqm

Key Details

1
Floor:
2
Sqm price:
€ 2,614.89 / sqm
Elevator:
No
Common Costs:
€ 25 / month
View:
Courtyard
Apartment Condition:
Renovated
Orientation:
Southwest
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

7

%

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

Welcome to this bright and newly renovated apartment in the neighborhood of Great Boulevard, in the hub of Budapest, in Dohány Street.

In 47 sqm plus mezzanine there is a kitchen living room and 1 bathroom with bath tube. It’s perfect home for students or a young couple. All furniture pictured are included in the listing price. In this unit also possible to do short term rent (airbnb). The apartment was fully renovated so it is ready to rent it out immediately.The building is in good condition. 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.

The Great Boulevard is easily accessible by foot, red (M2) subway line 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, bars, theaters and the famous New York Palace Hotel.

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!

 

Welcome to this bright and newly renovated apartment in the neighborhood of Great Boulevard, in the hub of Budapest, in Dohány Street. In 47 sqm plus mezzanine there is a kitchen living room and 1 bathroom with bath tube. It's perfect home for students or a young couple. All furniture pictured are included in the listing price. In this unit also possible to do short term rent (airbnb). The apartment was fully renovated so it is ready to rent it out immediately.The building is in good condi...
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Amenities

Convector
Elevator
Fridge
High ceilings
Owen
Shower
Washing machine

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.