Member of the A1 Group
Baross Square, 5 bedroom apartment

District VIII.

180,500

1,626 / sqm

6

Rooms

beds

5

Bedrooms

sqm

111

Approx sqm

Baross Square, 5 bedroom apartment

District VIII.

sold
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180,500

HUF 71,000,000

6

Rooms

beds

5

Bedrooms

111

Approx sqm

Key Details

baths
3
Floor:
3
Sqm price :
1,626 / sqm
Elevator:
No
View:
Street, Panorama
Apartment Condition:
Renovated
Building Condition:
Medium condition
Orientation:
Northeast

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

6

%

Listing Description

This 5 bedroom apartment was renovated in 2018 and is a great investment for long and medium term renters. It is currently rented for 300 euros per room all inclusive, but pre-covid was renting for 350 euros/month plus bills. Each spacious bedroom is large enough to povide all essentials for students or workers. The shared living area also has a balcony facing the square and is very bright. Be advised airbnb is not permitted in this building. 

Amenities

American Kitchen
Furnished
Electric Heating
Balcony
Fridge
Top Floor
High Ceilings
Dishwasher
Washing Machine
Open Kitchen
Oven
Mortgage Free
Shower

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.