4 Room Apartment For Sale in Budapest VII. District

Rákóczi, Budapest, VII. District
Price 79.900.000 Ft
Ref: REMAX-0843
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Property Details
Price: 79.900.000 Ft
Price/sqm: 1.051.316 Ft
Official Size: 76m2
Actual Size: 76m2
Inner Height: 5.0m
Property Type: Apartment
City: Budapest
District: VII.
Bathrooms: 2
Rooms: 4
Toilettes: 2
Property Description
Double income property on Rákóczi út. Exceptional opportunity for investors!
Offering for sale in Budapest, on Rákóczi road, in the neighbourhood of the Uránia Film Theatre, a 146 sqm duplex apartment. The property has 2 separate entrances, 2 separate bathrooms, so it can easily be converted into 2 separate apartments. The aparment is excellent for long term rental (return on investment 5-6% /year) and short term rental (return on investment 10-15% /year) as well.
The ground floor apartment overlooks a charming green garden, with stone paving, and has excellent location and transport connections. Exceptional opportunity for those looking for a valuable property in a prime location for rental or business opening.
The apartment has easy access from all directions, being located between Blaha Lujza Square and Astoria. At the end of the Blaha Lujza Square renovation, which will be completed by the end of this year, a greener, more leisure-oriented and modern public space will be delivered, which will also support pedestrian and public transport.
Thanks to its central location, the Palotannegyed (Palace District) offers a wide range of opportunities for cultural and entertainment activities. A wide range of theatres, restaurants and bars can be found in the immediate vicinity of the property. A nearby grocery store and pharmacy are within a few minutes' walk, making everyday life convenient.
The building is in a good condition and enjoys a quiet residential community thanks to its continuous maintenance.
Thanks to the characteristics of the property, 2 separate apartments or commercial premises of the same size with separate entrances can be created, opening up a wide range of business opportunities for enterprising investors.
The apartment is free of encumbrances and can be occupied at short notice.
The property is recommended for those looking for a value-proof investment with ongoing potential for capital appreciation.
Come and see for yourself the potential of this property. It is also worth getting a personal impression of this exceptional property.
I look forward to your call, of course I am available seven days a week.

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