Vörösmarty Street, 2 bedroom apartment
District VII.
€ 138,500
HUF 57,000,000
2
Bedrooms
80
Approx sqm
Key Details
Investment Opportunity
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!
Ideal For
Establish hassle free income by assign a property management company. The recommended letting type based on the current condition and features of the property as well as the suitability of the location.
Expected Yield
7
%
Listing Description
Welcome to this bright 2 bedroom, 1 bath charming renovated classical home located in the neighborhood of the gorgeous Andrássy Street. In 80 sqm the smart layout allows for separate a living room with a separated kitchen and 2 sleeping areas could be perfect for students or a small family for long or short term rental utilization. Currently, the unit is running on Airbnb with a high occupancy, so it's a great investment opportunity. The apartment wasrenovated in 2007, so it is a nice condition. The kitchen furniture and machines are not in this price but we can negotiate with the owner. Let’s explore the untapped potential of the apartment and manage it with our Matthew & Daniel’s interior designer team to upgrade your investment’s yield. Public transportation is conveniently located nearby, just minutes away from the building you can take Europe’s first subway line, yellow (M1). The neighborhood is also surrounded by Embassies, Heroes Square, Almássy Square and Király Street. Don’t miss this high yield potential investment opportunity in Budapest! Our team can manage it and to find good tenants. 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
Amenities
District VII. - Lively Bohemian
Over the past decade, the VII. District’s Jewish Quarter has evolved from a bohemian mess of streets to a pulsing, contemporary hotspot filled with new-wave coffee shops, boutique cocktail bars and restaurants, music venues and design stores. The ruin-pubs and Jewish culture that popularized the District are now couched between new neighbors incorporating Western European trends. But there’s no doubt that the colorful chaos of Szimpla Kert, Jewish gastro-gardens of Kőleves, Mazel Tov and co., and other bohemian mainstays still dictate the District’s flavor. Despite its rapid evolution, the Seventh is big, filled with charming local spots, if you can pry yourself away from the lively Gozsdu Courtyard or Király Street. And with the highest population density of all the Districts, it offers 24-hour energy and life to residents and visitors.
The
Vibe
This eclectic and artsy area of town is by far the most popular for tourists, and home to the best parties in town.
What to Expect
Music, parties, a vibrant dining out culture, clothing and design boutiques are packed side-by-side along the main streets in the District. Nighttime diversions aren’t hard to find, as there’s guaranteed to be a party, show or happening almost any night of the week. This is the District to be for those looking to get the most out of Budapest’s nightlife.
What Not to Expect
The as-of-now mainstream ruin pubs and gentrification of the VII. District has squeezed out less profit-oriented underground or alternative venues to the neighboring VIII. and IX. Districts. The VII. also sees a transient bustle of tourists and short-term visitors and the flashier genre of establishments that accompany them, making the heart of the District an unfavorable location for families.
