Member of the A1 Group
Petőfi Sándor Street, 2 bedroom apartment

District V.

391,500

2,610 / sqm

beds

2

Bedrooms

sqm

150

Approx sqm

Petőfi Sándor Street, 2 bedroom apartment

District V.

sold
Show on map

391,500

HUF 135,600,000

2

Bedrooms

150

Approx sqm

Key Details

baths
1
Floor:
3
Sqm price :
2,610 / sqm
Elevator:
Yes
Common Costs:
0
View:
Street
Apartment Condition:
Renovation needed
Orientation:
West
Building Condition:
Average

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 manager. The type of the rental reflects the current condition and features of the property as well as the suitability of the location.

Expected Yield

5

%

Listing Description

Welcome in this spacious, bright,street view, renovation needed suite with lots of opportunity, located in the heart of Budapest, only few steps away from the gorgeous Váci Fashion Street. At 151 sqm the location and the attractive layout allows a perfect investment in the hearth of Budapest. It can even be turned into 2 separated apartments to reach even higher yield. It would be good for short term rental utilization for tourists and the expected yield will be increased or rent out for students as a hostel or student accomodation. The building is a classical one, from inside and outside is in average condition and a popular is in District 5.  Let’s explore the unexploited potential of the unit and refurbish plus furnish it to upgrade your investment’s yield with Matthew & Daniel’s interior designer team. Don't miss this investment opportunity in Downtown! Yellow (M1), Red (M2) and blue (M3) subway lines are just a few steps away from the gorgeous building and there is no shortage of transportation options in the area. The neighborhood is also surrounded by the famous Váci Fashion Street, Vörösmarty Square, Deák Ferenc Square and St. Stephen Cathedral with sort of excellent restaurants. Schedule your private viewing today and make this yield bomb apartment in Budapest your new real estate! 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

Storage
Circo Heating
Excellent Building Condition
Oven
Separated Toilet
Shower
Voice Intercom
Windows In The Bathroom
Windows In The Kitchen
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.