1 Room Apartment For Sale in Budapest XI. District

Hegyalja út, Budapest, XI. District
Price 25.000.000 Ft
Ref: RMX-35184
Eladva/Kiadva / Sold/Rented
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Property Details
Price: 25.000.000 Ft
Price/sqm: 1.250.000 Ft
Official Size: 20m2
Actual Size: 20m2
Property Type: Apartment
City: Budapest
District: XI.
Bathrooms: 1
Rooms: 1
Toilettes: 1
View: Garden View
Outdoor Condition: Good
Building Material: Brick
Orientation: West
Light Conditions: Good
Electricity: Yes
Gas: Yes
Water: Yes
Sewage: Yes
Internet: Yes
Property Description
Private parking, green environment, high yield investment

For sale, a 20 sqm investment property on the 3rd floor with closed courtyard parking in the exclusive offer of RE/MAX Central.

The property is located in one of the popular green belt areas of the 11th district, on Sashegy, named after the Eagle Mountain located in it. It is located in close proximity to the 8E bus and the 59 tram, providing fast and predictable transport to the city centre and Széll Kálmán Square, where additional public transport connections are available.

The condominium was originally built as a hotel, but it has never served its original purpose.

The property is located on the top floor of the building, on the 3rd floor, accessible via stairs without a lift. The apartment has a floor area of 20 square metres, of which a small internal area is lost due to the main roof structure, but the space has been practically arranged during the recent renovation. Cupboards, wardrobes and storage units have been installed to make the most of the space.

On entering the property, the bathroom with shower and toilet is on the left, while on the right there are cupboards for easy storage. Entering the main living area, the fitted kitchen is located to the left, with a dining table next to it, while on the opposite side is the part that connects to the bedroom, which can easily be used as a living room during the day.

The property has been rented for 140.000 Ft + utilities for the last 2 years. As an investment it offers an exceptional opportunity, as a long term rental yield of 6.72% can be achieved.

The condominium has an enclosed courtyard parking lot, which is undivided and shared. Our previous tenants never had any problems finding parking.

I recommend this great property:
Investors looking for outstanding returns and singles who value privacy.

Contact me with any further questions and to arrange viewing appointments.

Please contact us for further information, enquiries, enquiries and more.
David Schmidt - Consultant - RE/MAX Central

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