Member of the A1 Group
Károly Boulevard, 2 bedroom apartment

District VII.

228,500

2,539 / sqm

beds

2

Bedrooms

sqm

90

Approx sqm

Károly Boulevard, 2 bedroom apartment

District VII.

sold
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228,500

HUF 90,000,000

beds

2

Bedrooms

90

Approx sqm

Key Details

baths
1
Floor:
2
Sqm price :
2,539 / sqm
Elevator:
Yes
Common Costs:
0
View:
Street
Apartment Condition:
Renovation needed
Building Condition:
Renovation needed
Orientation:
South

Investment Opportunity

Will you buy this Budapest apartment as an investment? Based on the current condition, features and location of the property find our recommendation 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!

Expected Yield

0

%

Listing Description

Welcome in this spacious, bright, street view, renovation needed suite with lots of opportunity, located only few steps away from the gorgeous Váci Fashion Street. At 90 sqm the location and the attractive layout allows a perfect investment in the hearth of Budapest. The apartment need a renovation, change the wires and do modern design. So the unit would be good for short term rental utilization for tourists and the expected yield will be increased or rent out for students as a hostel or student accomodation. The building is a classical one,in the famous Madách House, from inside and outside is in average condition and a popular is in District 5.  Let’s explore the unexploited potential of the unit and refurbish plus furnish it to upgrade your investment’s yield with Matthew & Daniel’s interior designer team. Don’t miss this investment opportunity in Downtown! Public transportation is conveniently located nearby, just a steps away from the building easily accessible yellow, red and blue (M1, M2, M3) subway lines, tram lines (47, 48, 49) or Deák Ferenc Square. The neighborhood is also surrounded by the grandiose Opera House, St. Stephen’s Basilica and Váci Fashion Street. This is really a once-in-a-lifetime opportunity! Schedule your private viewing today and make this  apartment in Budapest your new investment! 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! The EUR prices are indicative only, calculated on the rate of 1 EUR = 310 HUF

Amenities

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.