For Sale

Sold
€400,000

Location

Budapest, Vámház Körút 8, 1053, Magyarország

Main details

Size

73 m2

Rooms

3

bathrooms

1

floor

2

Elevator

Yes

Apartment condition

Newly renovated

Building condition

Renovated

Balcony

No

View

Inner Courtyard

Features

Air Conditioned
Elevator
Fully Furnished
Built-in Wardrobes
Street View
High Ceilings

Overview

The apartment building is located in the tree-lined part of Vámház Boulevard, opposite the Great Market Hall, 200 meters from the Liberty Bridge. The second-floor apartment can be reached by stairs, the entrance door opens from the gangway from the staircase. The infrastructure of the area is developed: bus, metro line 4 and tram stops are within 1.5 minutes' walk, as are grocery stores, playgrounds, restaurants, tobacconist, pharmacy.


The building: A classicist building built in the 1800s, 3 floors. The house and staircase are in good condition, clean, quiet. Due to the construction of the house, the gangway overlooks a quiet inner courtyard. It is interesting that the apartment building has no neighbors at the back, because the old city wall of Budapest is located in the back wall of the house, which has been renovated and a park has been created around it.


The advertised apartment is unencumbered, legally settled, and is for sale from a 1/1 owner.


The apartment has undergone a complete, high-quality renovation in the recent period. The heating system (Immergas condensing boiler) has been renewed, the water network (Grohe fittings) and the electrical network (Schneider fittings) have been new, the kitchen has been renewed with quality appliances, and new coverings have been added to the bathrooms and rooms. Every room is bright because they have huge windows (new windows). The flooring is new, and there is a lot of free wall space that can be further decorated with wallpaper or furnished well. The indoor unit of the air conditioner has been added to the living room, kitchen, and dining room.


The price does not include decoration and furniture.

It can be ideal for own use, for investors, or, thanks to its good layout, for those looking for space for a clinic or office.


Each consumer can be individually metered, the common cost is 58,000 HUF/month.

Location

Budapest, Vámház Körút 8, 1053, Magyarország

About this district

V. District

Budapest's 5th District, also known as Inner City – Leopold Town, is the vibrant heart of Pest and the true downtown of Budapest . As the political, financial, commercial, and touristic center of Hungary, it's home to many of the city's main attractions, including the Hungarian Parliament Building, St. Stephen's Basilica, and the Shoes on the Danube Bank memorial . With its beautiful wide boulevards, gorgeous cafés, and upmarket atmosphere, the 5th District offers a blend of convenience, beauty, and safety, making it one of the best areas to experience Budapest

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Exterior

Revenue Potential

We can manage your property after purchase

10-15%
Annual Property Price Growth
Based on data from the past decade.
1600-2300€
Monthly Rental fee
+ utilities
5-7%
ROI yearly
Return on investment
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