Investment property for sale in the Palace District – József Boulevard
We offer for sale a property of 274 m² on József Boulevard in the center of Budapest, which has been completely converted into an interior two-storey. The apartment on the 1st floor is currently divided into 4 independent units, each with a separate entrance, kitchen, bathroom and bedrooms with galleries.
Design:
Apartment 1–3: 2 rooms + kitchen + bathroom + living room
Apartment 4: 3 rooms + kitchen + 2 bathrooms + separate toilet + living room
Lower floor: 139 m² | Interior height: 2.25 m
Upper floor: 135 m² | Interior height: 2.20 m
Technical condition:
Complete renovation: carried out in two phases during 2018 and 2021
Heating and hot water: condensing gas circulator with central system
Furnished, well-maintained, immediately usable
Investment opportunity:
AIRBNB is allowed in the condominium, the operating license can be transferred to the buyer
Annual income from long-term rentals: approx. HUF 18 million
The right to rent a parking space belongs to the property
Excellent location, exceptional investment potential for short-term or long-term utilization. Due to the central location of the area, tenant demand is always high.
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(This Neighborhood Guide was done by Mindspace)
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