Ferenciek Square, 2 bedroom apartment
District V. , Belváros
€ 328,500
HUF 135,000,000
3
Rooms
2
Bedrooms
94
Approx sqm
Key Details
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
3
%
Listing Description
We offer a 94 sqm, 2 and a half bedroom, renovation needed apartment. This apartment has a rare, beautiful view in the historical building that the 5th district has to offer. It's on the 4th floor from where you can see the Ferenciek Square, the Gellért Hill, and Elisabeth Bridge from the windows.
You do not have to make any compromise, as the complete renovation of the property can be done according to your needs. It's an excellent opportunity as an investment, if you are looking for an apartment in a beautiful and prominent downtown area, or if you are planning to build a prestigious office here.
The property is also ideal for rental, for yourself, as a doctor's office, beauty salon, medical center, accounting or a law firm.
The south-facing flat is the last available apartment with similar parameters in the building. The interior staircase of the building was recently renovated and the property is equipped with its own meters. The photos about the luxury-style design are not going to be done, they can just give you an idea of what the apartment could be transformed into.
Feel free to contact me anytime for more information!
Amenities
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.
