6 Room Apartment For Sale in Budapest VIII. District

Baross, Budapest, VIII. District
Price 99.500.000Ft
Ref: REMAX-354
Property Details
Price: 99.500.000Ft
Price/sqm: 815.574Ft
Official Size: 122m2
Actual Size: 124m2
Inner Height: 4m
Property Type: Apartment
City: Budapest
District: VIII.
Bathrooms: 4
Rooms: 6
Toilettes: 3
Floor: 2
View: Street
Elevator: None
Overall Condition: Refurbished/New
Outdoor Condition: Habitable
Energy Efficiency Rating: C
Building Material: Brick
Number of Floors: 3
Number of Flats: 27
Common Charges: 35.000FT
Orientation: North
Light Conditions: Good
Electricity: Yes
Gas: Yes
Water: Yes
Sewage: Yes
Comfort Level With all modern conveniences ( 2 toilets + 2 bathrooms)
Property Description
On the second floor of a house in medium condition is a 122 sqm property (actually 124.2sqm). There is currently no elevator in the building, but the approach is not burdensome, practically 2 stairs, as there is no mezzanine floor.

In the summer of 2020, it underwent a complete remodeling and renovation, resulting in 3 completely separate apartments. After the roundabout entrance, we find ourselves in a 4.2sqm entrance corridor, from where we can approach the units through the 3 lockable doors.

When designing the flats, the focus was on maximizing functionality and market opportunities, and the contractor brought out the most optimal layout possible from the floor space. It features modern finishes, sophisticated colors and a tasteful layout

The apartments fully meet the needs of a long-term rental business with minimal operating costs. It practically does not require any expense, as the property can be purchased together with full furniture (in one, one hrsz.)

The property consists of 3 units:

Apartment 1:
35.2 sqm studio apartment
Currently issued, Rent: 160,000 HUF / month + utilities.
Tenant: medical student

Apartment 2:
45.8 sqm 2-bedroom apartment (private shower in each bedroom)
Rent: 250,000 HUF / month
Tenant: Medical students

Apartment 3:
38.9 sqm 1 bedroom + 1 living room
Rent: 190,000 HUF / month
Tenant: medical student
Total monthly rents (net): HUF 560,000 (HUF 6,720,000 / year)

Short-term rentals are allowed in the building, which can bring about 12,000,000 forints a year as soon as tourism returns.

The building is about 150 meters from Semmelweis Medical University and 150 meters from Calvin Square.
The price of the apartment includes all furniture and equipment.
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