Great investment at bargain price, prime location - fully refurbished, large apartment at 5th district, principal street of Budapest, Hungary

Great investment- fully refurbished, large apartment at 5th district, principal street of Budapest, Hungary

Ref: HUBUDCSM
342.500€ 140 4 2
Investment
Sale - Apartment - Budapest

Features

  • Energy rating: In process
  • Elevator
  • Central heating
  • Nice views
  • Electrical Appliances
  • Lounge
  • Fully Equipped
  • Stunning Kitchen

Description

Once in lifetime opportunity to purchase a large, bright and airy, fully refurbished apartment at bargain price in one of the most famous streets of Budapest in the 5th district.

The property is situated on the second floor within a historical building with an elevator, on the famous Vaci street in the very heart of Budapest with many fist class restaurants, shops, Financial district and the Danube river only a few steps away.

The entire apartment has been recently modernized to highest standards, however it still contains many character features. There are new water pipes, electric wiring, lighting and parquet flooring installed with high quality fittings throughout. There is a new heating/cooling system, under floor heating in the apartment.

The property is 139 sqm internally, currently it has 5 rooms, a large fitted kitchen with a ceramic cooker and 2 large fully fitted bathrooms, it is suitable for residential purposes but also could be suitable as an office space. The internal walls are easily removable to adjust the layout of the property to one's needs. The apartment is vacant, ready for the new buyer to move in immediately or rent it out.

There is also an opportunity to buy the adjacent apartment of 50 sq meter, connect the two apartments and occupy the entire 2nd floor of the building at the principal street of Budapest, an undoubtedly most convenient location of the city one could wish for. All amenities, attractions, points of ingterst and entertainment are on the doorstep, moreover the public transport connections are exceptionally good at this location.

This is a unique investment opportunity in one of the most sought after streets of Budapest, where one could get great over 8% net rental returns from both commercial or residential use.

If you would like to find out more about this property or arrange a viewing, do not hesitate to contact our team on ec@ecsmproperty.uk.com. We have a large selection of Hungarian properties and our multiliungual staff will be glad to assist with information about the local Real Estate market, provide legal advice, guidance about buying a property in Hungary, help with translation and interpretation, assist with the rental and management of your property, manage a refurbishment project, etc.


Location

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Currency Exchange

  • Pounds: 306.144 GBP
  • Swiss Franc: 400.588 CHF
  • Chinese Yuan: 2.679.686 CNY
  • Dollar: 403.979 USD
  • Russian Ruble: 23.990.789 RUB

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