District V.
€ 161,900
HUF 63,085,000
1
Bedrooms
47
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.
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Welcome to this 1 bedroom apartment in the hub of Budapest, located in the neighborhood of the grandiose Parliament & Kossuth Lajos Square, in the Balassi Bálint Street. At 47 sqm with a panorama view, the attractive layout allows to create a spacious living area and sleeping space, seperated kitchen and bathroom. This area is popular among the homeseekers and tourists since close to Parliament and city center. It can be a good opportunity as an investment in one liked part of Budapest, so the new owner can get high income. Everything was changed in the last 8 years, so the apartment is in the good condition. The unit is ready to rent it out for long or with some facelift and furniture could be perfect for short term rental. Let’s explore the unexploited potential of the apartment and furnish it with Matthew & Daniel’s interior designer team and upgrade your investment’s yield! Our company can manage it, so don’t miss the busiest period! Blue(M3) and red (M2) subway lines, trams (2, 4/6) just step away and there is no shortage of transportation options in the area. Deák Ferenc Square is easily accessible as well by foot! The neighborhood is also surrounded by Liberty Square, Kossuth Lajos Square, Danube and Margaret Island, Pozsonyi Street. Please join us at our next Open House or call/email/text us for a showing at your convenience. Showings are available 7 days a week upon request. We look forward to guide you through the Budapest real estate market! The EUR prices are indicative only, calculated on the rate of 1 EUR = 310 HUF
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.