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Investment Property » For Sale » Hungary » Budapest » Pest » District 6 » 1 Bed Apartment Apartment    

1 Bed Apartment Apartment investment in Budapest


Location

Hungary
Budapest
Pest
District 6

Price

€173,600

Max rental return: 8%
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Property ID: 322856






     
 

 Description

Key selling points

  • central location
  • outstanding capital growth
  • high rental income
  • buy-to-let

Newly-built 46.3 sq.m flat on the 3rd floor with view to the courtyard of the 6th district, within walking distance of the Opera house and Liszt Ferenc Square. Flat has a living room, 1 bedroom, kitchen, bathroom, hall, storage and wardrobe. The development consists of 2 separate buildings joined by a magnificent ultra modern glass lift with interlinking glass corridors. The price is 173625 EU. Parking space is for sale (18000 EU). Handing over: Sept., 2006. The famous Andrássy Avenue in the middle, with the Hero’s Square, Liszt Ferenc Square (Full of with restaurants, cafés) the Oktogon, the Diplomats Quarter can be mentioned as the cultural, historical, residential and diplomatic district of Budapest. Theatres, the Opera House further entertainment facilities are also situated in this area. This part of the City is very desirable among expatriates, foreign tenants, who love the pace of the City or nice walks on Andrássy Avenue, that is part of the World Heritage. Outstanding investment location, primary area of interest for a property investor, who expects high capital growth and guaranteed rental income. 10% deposit, rental yields: min. 8%, expected capital growth: 5-7% annum. Total price is: 173 600 EUR.

 
     
     
 

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