Károly Boulevard, 2 bedroom
District VII.
€ 439,900
HUF 181,000,000
2
Bedrooms
107
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
Come and see a jewel in the center of Budapest! This 2 bedroom 2 bathroom apartment located on the 4th floor of a historic building (Viktoria Palota). Stunning italian design catches the eyes immediately when you enter. The location of the apartment is central and close to all major monuments, shops, bars and restaurants. SHORT TERM rental is allowed in this building. The building is located between Deák Ferenc square and Astoria with several metro, bus and tram lines to reach any point in the city with a panoramic view of the Great Synagogue of Budapest and a stone's throw from Erzsébet tér.
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.
