Brick Apartment For sale, Budapest, VIII. kerület

#215800171

Brick Apartment For sale

100 million Ft

Budapest, VIII. kerület Józsefváros – Magdolnanegyed
Floor area:
104 m2
Number of rooms:
6
Condition:
Good
Type:
Brick
It can be moved immediately
CSOK igényelhető
With good transport

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2. Floor
Available
Average
Convector
Street view
Furnished
South
5
Full Comfort
Optical
Accessible for disabled people
230-400V
Available with own metering
Mains gas
Utilities connected

Exclusively Mandated by Our Agency!

A 104 sqm, fully renovated (both technically and aesthetically in 2020), 5-room + hall apartment with an American-style kitchen is for sale. It has a southern orientation and offers both street and courtyard views.

The building, constructed in the early 1900s, is well-maintained and comprises 35 apartments. The inner facade has already been renovated. The apartment is located on the 2nd floor. An elevator is available.

Layout:

Hall + Kitchen: 24.3 sqm

Room: 8 sqm

Room: 16.3 sqm

Room: 12 sqm

Room: 12 sqm

Room: 17.1 sqm

Hallway: 6.2 sqm

Bathroom + WC: 5.9 sqm

Bathroom + WC: 3.5 sqm

WC: 1 sqm

Utility Room: 1.5 sqm

Additionally, four rooms have loft beds, each 6 sqm (this area is not included in the total floor space).

Features:

The kitchen furniture, appliances, and full furnishing are included in the price.

Flooring: laminate in rooms, ceramic tiles in wet areas.

Heating: gas convector with supplementary electric panels.

Hot water supply: 2 boilers.

Ceiling height: 3.6 meters.

Includes a private basement storage unit (6 sqm).

Common cost: 35,000 HUF/month (separately metered water usage).

Investment Opportunity:

Currently, 8 female university students are renting the apartment under a fixed-term lease agreement until August 31, 2025. The contract cannot be terminated before September 1, 2025.

Rental income: 758,000 HUF/month

Net profit after all costs and taxes: 500,000 HUF/month

A dedicated company handles maintenance and cleaning, included in the above calculation.

A well-functioning tenant community with respectful and responsible tenants.

6 out of 8 tenants intend to stay long-term as they have just started their studies.

Why is this an excellent investment?

The above-average return is secured with long-term lease contracts (not Airbnb), making it an ideal choice for investors seeking stable and predictable income.

Viewings are available by appointment. For more details, please call one of the 20x mobile numbers listed in the advertisement.

Financing assistance is available free of charge through our office.

Premises (m2)
Living room 18.9
Room 17.1
Room 12
Room 12
Room 16.26
Room 7.8
Hallway 6.16
Bathroom with toilet 3.45
Bathroom with toilet 5.88
Toilet 0.84
Household Room 1.5
Kitchen 4.41

Beck Krisztián
 

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