Királyi Pál Street, 1 bedroom apartment
District V.
€ 166,500
HUF 68,500,000
1
Bedrooms
79
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 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
4
%
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 79 sqm the location and the attractive layout allows a perfect investment in the hearth of Budapest. It would be good for long or short term rental utilization for tourists and the expected yield will be increased or could be perfect as a home. The building is a classical one, from inside and outside is in average condition. 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! Váci Fashion Street is easily accessible by foot, blue (M3), red (M2) and green (M4) subway lines are just steps away from the building and there is no shortage of transportation options in the area with lots of tram lines close to the building as well. The neighborhood is surrounded by great local restaurants, retail stores, Kálvin Square and museums on Ráday Street. 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 trough the Budapest real estate market! The EUR prices are indicative only, calculated on the rate of 1 EUR = 310 HUF
Amenities
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.
