Mercury Group
2-studio apartment FOR SALE in Budapest Corvin Promenade city center
- Hungary, Budapest
- Corvin sétány
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Property description
- Hungary, Budapest
- Corvin sétány
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Price: 115 000 000 HUF - 300 000 EUR
Size: 67 sqm + 8 sqm balcony
2 separated studio inside the apartment
Floor: 3rd
In the downtown, very popular area
Airbnb is allowed
Freshly renovated, 67 sqm 2-bedroom apartment converted to 2 studio flat with big balcony (8 sqm) is FOR SALE in the popular Corvin Park Residence Building in the famous Corvin promenade, district VIII. There are 2 studio (with separated entrance) with American style kitchen, living room and bathroom (separated) in the apartment. The 2 studios have the same lot number so it can be bought only together.
One of the studio has a nice terrace and facing the garden. Short term airbnb is also allowed in the building!
The property presents an exceptional investment opportunity, as Corvin sétány has experienced significant growth in property values over the past decade. The rental fees in this area are also substantially higher compared to surrounding properties, making it a lucrative option for investors. Additionally, the renowned Semmelweis University is just a 5-minute walk away, attracting a steady stream of potential tenants, including Hungarian and foreign university students.
The apartment is currently available for immediate occupancy and for long term both studio can be rented out for long term for minimum 500 EUR/each/month so all together minimum 1000 EUR/month. If it is rented for airbnb then it can be 3 times more. With its excellent insulation, the heating costs are low, and individual consumption meters ensure sustainable and cost-effective living. Short-term rentals are also permitted, further enhancing the income potential of this investment.
Corvin sétány offers excellent connectivity to other parts of Budapest, with the Metro 3 line and Trams 4 and 6 within walking distance. These tram lines operate 24/7, providing convenient transportation options for both residents and tenants. Additionally, the area features a comprehensive service ecosystem, including shops, restaurants, a sports center, swimming pool, theater, and cinema, catering to the diverse needs of its inhabitants.
Don’t delay – seize this opportunity to invest in the thriving Budapest property market. Contact us today for more information or to arrange a viewing of this exceptional apartment in Corvin sétány. Buy this apartment and we always rent it out with the highest rental price!
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- Hungary, Budapest
- Corvin sétány
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What you should know, purchasing a property in hungary
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
