Member of the A1 Group
Irányi Street, 1 bedroom

District V.

194,900

3,609 / sqm

beds

1

Bedrooms

sqm

54

Approx sqm

Irányi Street, 1 bedroom

District V.

sold
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194,900

HUF 76,900,000

beds

1

Bedrooms

54

Approx sqm

Key Details

baths
1
Floor:
3
Sqm price :
3,609 / sqm
Elevator:
Yes
Common Costs:
57
View:
Courtyard
Apartment Condition:
Renovated
Building Condition:
Renovated
Orientation:
West

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

Come to see this unique design 1 bedroom apartment with airbnb permission in district 5, neighbourhood of Váci utca and Ferenciek Square!   In 54 sqm the smart layout allows to have 1 American kitchen living room, 1 bedroom with attached bathroom. The apartment has been fully renovated in a high standard in the end of 2017. Real wooden floor, new electric wires, water pipes, furniture. All furniture and machine are included in the price. The apartment is currently running on airbnb with 4.9 star and managed by a super host. The account is also included in the price.   The building just has got 1,000,000 EUR for fully renovate and upgrade it inside-out, works already started in 2018. In the neighbourhood there is 2 Luxury Hotel is under construction like Parisian court and Matild Palace on Ferenciek square which will also increase the neighbourhood price.   Neighbourhood is surrounded by the famous Central Cafe House, Váci Fashion Street, Károly Garden and River Danube is just 2 block away.   Call / e-mail / text us! Showings are available 7 days a week upon request!

Amenities

Air Conditioning
American Kitchen
Furnished
Circo Heating
Dishwasher
Excellent Building Condition
Fridge
Mortgage Free
Oven
Shower
Voice Intercom
Washing Machine
With View

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.

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.