Member of the A1 Group
Veres Palne street, 2 bedroom apartment

District V. , Belváros

300,900

4,238 / sqm

3

Rooms

beds

2

Bedrooms

sqm

71

Approx sqm

Veres Palne street, 2 bedroom apartment

District V. , Belváros

sold
Print

300,900

HUF 120,000,000

3

Rooms

beds

2

Bedrooms

71

Approx sqm

Key Details

baths
2
Floor:
1
Sqm price :
4,238 / sqm
Elevator:
Yes
Common Costs:
63 (With water)
View:
Street
Apartment Condition:
Renovated
Building Condition:
Renovated
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

4

%

Listing Description

This 2 bed, 2 bath apartment is currently under renovation and will be finished in May of 2022. The photos shown are the 3D plans for the finished product. The location is amazing and in the heart of the city center, but on a very quiet street. The classical building is very unique, and the flat lets in a lot of light. 

Amenities

American Kitchen
Furnished
Circo Heating
Bathtub
Air Conditioning
Dishwasher
Oven
Shower

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. As the political, business, and tourist center of the city, the area boasts high demand for both short-term rentals and long-term leases. Its central location, proximity to major landmarks like the Parliament, the Danube, and luxury shopping streets, ensures strong property value retention and potential for appreciation. Additionally, the district’s elegant architecture and excellent public transport make it particularly attractive to international tenants and investors alike.

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.