Rákóczi Street, 2 bedroom apartment

Budapest, Hungary, District VIII, Népszínháznegyed

198,500

1,711.21/sqm

2

Bedrooms

116

Approx sqm


Rákóczi Street, 2 bedroom apartment

District VIII, Népszínháznegyed

sold
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Krisztina Toth

0036 70 770 0943

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198,500

HUF 65,900,000

2

Bedrooms

116

Approx sqm

Key Details

2
Floor:
4
Sqm price:
€ 1,711.21 / sqm
Elevator:
Yes
Common Costs:
€ 71 / month
View:
Street
Apartment Condition:
Good
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

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

4.5

%

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

Come and see this beautiful all-day sunny, west-facing 2-bedroom + 2-bathroom apartment on the 4th floor close to the evolving Pope John Paul II Square.

Ownership is 116 square meters, free of charge, 1/1 private owner.

The House

Internal patio re-decorated, and flooring renovated in recent years, complete with a refurbished entrance hall and post box area. Two elevators, one at each end of the communal internal patio

Quiet, respectful community of neighbors

The Area

Close by to the renovated II.János Pál pápta tér park, metro L4 and recently refurbished Erkel Theatre.

10-15 minutes walk from the popular Arena Mall Shopping Center.

5 minutes from the Blaha Lujza Tér ( which is due a major refurbishment from Autumn 2019 ) where metro L2 and trams No 4,6 provide transport to all corners of the city.

Lidl and Aldi Supermarkets located within minutes of the apartment building.

The Apartment

Located on the 4th /6 floor ,in a corner area, which provides privacy, good insulation and a very quiet location.

Fully renovated and refurbished in 2007, but equally well maintained since.

Classical style, high ceiling apartment accompanied with timeless, contemporary style fixtures and fittings

Sunny on the eastern side ( kitchen, bedroom) during the morning and equally sunny on the western side during the afternoon and early evening ( living room and bedroom)

Apartment has one en-suite bathroom with bath, basin and toilet and a second bathroom with an open, walk-in shower with basin wash area. Alongside the shower area is a laundry area with boiler and space for the washing machine.

For added convenience there is also a separate toilet room located between the bathrooms.

Wooden beech flooring throughout the hallway, bedrooms and living room areas.

Decorated stucco ceilings in the bedrooms and living room.

Open area kitchen with spacious working areas and good provision of electrical outlets for any kitchen electro-domestic appliances as well as ample storage provision.

Separate water meter and internet provider currently being UPC.

Don’t miss this great home or investment opportunity in the neighbourhood of developing Blaha Lujza Square & New York Cafe House.

Call / email / text us! Showings are available 7 days a week upon request!

Come and see this beautiful all-day sunny, west-facing 2-bedroom + 2-bathroom apartment on the 4th floor close to the evolving Pope John Paul II Square. Ownership is 116 square meters, free of charge, 1/1 private owner. The House Internal patio re-decorated, and flooring renovated in recent years, complete with a refurbished entrance hall and post box area. Two elevators, one at each end of the communal interna...
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Amenities

Bathtub
Circo heating
Double lift
Elevator
Fridge
Furnished
High ceilings
Mortgage free
Owen
Separated toilet
Shower
Voice intercom
Washing machine
Windows in the bathroom
Windows in the kitchen
With view

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.