Gyulai Pál street, 2 bedroom apartment

Budapest, Hungary, District VIII, Palotanegyed

211,900

2,077.45/sqm

2

Bedrooms

102

Approx sqm


Gyulai Pál street, 2 bedroom apartment

District VIII, Palotanegyed

sold
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211,900

HUF 69,900,000

2

Bedrooms

102

Approx sqm

Key Details

1
Floor:
2
Sqm price:
€ 2,077.45 / sqm
Elevator:
Yes
Common Costs:
€ 46 / month
View:
Street
Apartment Condition:
Renovation needed
Orientation:
Southeast
Building Condition:
Renovated

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

4

%

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.

Amenities

Elevator

District VIII. - The Comeback Kid

Mention of the Eighth District can elicit any number of responses from a listener depending on the context. But a walk down the sunny streets of the ‘Palace Quarter’ and a visit to the newly rejuvenated Rákóczi Square will leave you with no doubt in your mind. The Austro-Hungarian empire’s legacy is more than alive in these streets, with some of the grandest urban palaces in the city to its name.

Flanked by the colorful VI. district nightlife, the erudite university and museum-lined streets of the Fifth’s downtown, and the lively gastro and bar offerings of Ferencváros, the elegant Palace Quarter is a well-connected alternative to its crowded neighbors.

The
Vibe

One of Budapest’s best kept secrets, full of revived grand palaces and contemporary boutiques.

What to Expect

Independent and classic. The Palace Quarter is home to any number of cozy cafes, boutique hotels and eateries that delight those who make the effort to venture off the beaten track. A beautifully revitalized piece of the city’s historic legacy without the crowds and grit of the city’s downtown.

What Not to Expect

Lots of green space.

Although the charming Károlyi Gardens isn’t far and the city has made generous efforts to line the streets with more trees and greenery, the quarter remains decidedly urban.

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.