Dohány street, 1 bedroom apartment
District VII.
€ 97,500
HUF 40,000,000
1
Bedrooms
47
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 and newly renovated apartment in the neighborhood of Great Boulevard, in the hub of Budapest, in Dohány Street. In 47 sqm plus mezzanine there is a kitchen living room and 1 bathroom with bath tube. It's perfect home for students or a young couple. All furniture pictured are included in the listing price. In this unit also possible to do short term rent (airbnb). The apartment was fully renovated so it is ready to rent it out immediately.The building is in good condition. Let’s explore the unexploited potential of the apartment and manage it with Matthew & Daniel’s team to upgrade your investment’s yield and reach a high rental income. The Great Boulevard is easily accessible by foot, red (M2) subway line just steps away from the building and there is no shortage of transportation options in the area. The neighborhood is surrounded by great local restaurants, bars, theaters and the famous New York Palace Hotel. 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!
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.
