Full Description

To be renovated investment property in a quiet side street of Nyugati Square and Westend City Center, District 6, Budapest! High capital appreciation and good rental potential In a quiet side street close to Nyugati Square, 78 sqm unrenovated, investment property on the 1st floor with 2 room, hall and view to the street. The building is in good condition, has 3 floors. There is no elevator. Cultural, commercial centres are located in this neighbourhood, the Hungarian Broadway with the Operetta Theatre and Moulin Rouge. The so-called triangle in District 6 is bordered by the Bajcsy Zs. Street, Teréz Boulevard and the famous Andrássy Avenue. Foreign tenants are glad to live here either in a new built or in a renovated classical property due to the further reasons: This is a cosy, lively but peaceful area only a few minutes walk from the Basilica, Opera House, Western Railway Station, good public transport access, surrounded by entertainment facilities, shops, restaurants, bars. The new Government Quarter is going to be developed in District 6, next to Western Railway Station, so a grate increase in real estate prices is expected in the area.