Member of the A1 Group
Jozsef Nador square, luxury studio apartment

District V. , Belváros

105,000

4,375 / sqm

1

Rooms

beds

1

Bedrooms

sqm

24

Approx sqm

Jozsef Nador square, luxury studio apartment

District V. , Belváros

sold
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105,000

1

Rooms

beds

1

Bedrooms

24

Approx sqm

Key Details

baths
1
Floor:
3
Sqm price :
4,375 / sqm
Elevator:
No
Common Costs:
15,000 HUF
View:
Courtyard
Apartment Condition:
Renovated
Building Condition:
Renovated
Orientation:
West

Ideal For

Long Term Rental

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

%

Listing Description

This luxury studio rests on the 3rd floor of a classical building in the recently renovated Jozsef Nador square. This is a top location of the city, just steps from The Danube river, St. Stephen's Basilica, and Fashion steet. The apartment was completly renovated in 2019 and is turn-key ready. There is a fold-down murphy bed which can be converted to a sofa when not in use to create more space. 

It is currently rented for €420/ month plus bills until August 2022. All funiture is included in the price.  Fixed price is €110,000 euros. 

 

Amenities

Convector
Top Floor
Air Conditioning
Oven
Shower
Mortgage Free

District V. - Downtown Prestige

The Fifth district offers its residents the ultimate downtown lifestyle. Filled with luxury accommodation, fine dining, and tourist attractions alike, it’s one of the busiest areas for business and tourism. This district is an attraction for visitors and investors alike and is one area where renovations are consistent and streets are well-kept.

The
Vibe

Quintessential Budapest - charming and dynamic.

What to Expect

Property prices in the Fifth district are among the highest in the city, but the area has proven to deliver excellent returns for investors, across all neighborhoods. There is a huge diversity in neighborhoods, ranging from bustling party streets to the incredibly peaceful streets of Viziváros (Water City). Investors looking for property in this neighborhood should consider how close (or far) they want to be from the tourist buzz.

What Not to Expect

Total quiet and green surroundings are not characteristic of this neighborhood. Even on the quietest streets, adventurous visitors to the city roam around during the day. Vehicle traffic can also be heavy in this area, especially during holiday street closures, which can make parking more difficult. Finally, although the district offers several beautiful parks to choose from, District V is not considered one of the greenest areas in the city.

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.