In the heart of Budapest, in a frequented street in District V, a property with a floor area of 66 m² is for sale, which is currently operating as two separate residential units. Both apartments can be taken over together with a tenant, thus providing immediate income for the new owner.
The property is located on the third floor of a historically significant condominium built at the end of the 19th century. A well-known confectionery operates on the ground floor, and the interior of the building welcomes visitors with an elegant, Renaissance-style courtyard, which gives the house a special atmosphere.
The apartment has independent heating, its maintenance costs are favorable, and its condition is renovated and of good technical standard. The modernization of the house is taking place step by step, and the comprehensive renewal of the area is currently under preparation.
Outstanding location, secure rental income and long-term value retention characterize this property, which is an ideal choice for investors.
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Small streets along the Northern part of the Váci Street (between Ferenciek Square and Vörösmarty Square), the area is bordered by the Danube on the East and the Erzsébet Bridge – Astoria Square – Erzsébet Square – Chain Bridge line.
Vörösmarty Square, at the Northern end of Váci street, is the heart of the are...