District V.
€ 248,900
HUF 97,000,000
3
Bedrooms
109
Approx sqm
Will you buy this Budapest apartment as an investment? Based on the current condition, features and location of the property find our recommendation 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!
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.
4
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Welcome in this bright, spacious 3 bedroom home in good condition, located in the neighborhood of the grandiose Parliament and the famous Liberty Square. In 109 sqm the attractive layout allows for separate one spacious living room, 1 kitchen with new furniture, a bath and 3 sleeping areas as well. Because of the location and the historical building, it can be perfect long-term rental utilization as it’s perfect for a family or students as well. The unit was renovated in more steps, so there is a heating-cooling air condition, a built in storage, a new kitchen. The building was refurbished inside and there is a new elevator and there is a plan to renovate from ouside, so within 2 years will done it too. The furniture are not included in the listing price but can be purchased from the owner. Don’t miss this great option as an investment in the hearth of Budapest.
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.
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.
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.