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Close to Honved Square - Apartment in Pest

Home » Hungarian Property » For Sale » Hungary » Pest » Apartment

Property ID: 317722

Apartment

Price : €75,218

Key Features

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

1 room property with garden view close to Honvéd Square in District 5, Budapest!

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Full Description

Between the Honvéd Square and Szent István Boulevard, 40 sqm one room property on the 3rd floor with French balcony and front to south and a nice indoor garden. Streets close to the Parliament are one of the most desirable and highlighted parts of the City. The primary areas of interest for the residential property investors are: the central District 5 and District 6. This is the City Part where the city's financial, administrative, cultural, governing, touristic centres, the 5-star hotels (along the Danube) are located. Foreign tenants are seeking for 1, 2, or 3 bedroom properties (in most of the cases furnished) either along the Danube or in any side street in this neighbourhood in District 5. Well - developed area with high capital growth and rental yield. This is one of the the most attractive locations among businessmen, expatriate singles or couples, employees of foreign multinational companies and embassies with high rental budget. 10% deposit, rental yields: min. 8%, expected capital growth: 5-7% annum. Total price is 75 218 EUR.

 

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