District VII, Erzsébetváros
0036 70 627 5770
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!
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.
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.
Fall in love this newly and fully renovated 2 bedroom apartment, located in the neighbourhood of Városliget Park.
In 86 sqm , the smart layout allows for a spacious and bright living space with unique style. There is currently short term rental operating now, however this is also perfect for long term rental utilisation for students or a couple. You can even reach a higher yield by letting it out short term, as this apartment is so close to downtown.
The unit was fully refurbished and windows were changed, so it is ready to rent it out immediately. This building is close to the grocery stores, restaurants, parks and everything that’s needed for everyday living.
There is an extra space in the cellar which is currently used as a game room.
Don’t miss this investment opportunity in District 7.
Heroes Square and the grandiose Városliget Park is easily accessible by foot, yellow (M1), red (M2) and green (M4) subway lines are just steps away from the building and there is no shortage of transportation options in the area. The neighbourhood is surrounded by Aréna Pláza Mall, Andrássy Road and Embassies.
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.
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.
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.
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