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Margit Krt Danube View

HUF 75M   2nd District

Bedrooms:3 and Bathrooms:1  

Size of apartment: 154 m2

Beautifully-restored large Art Nouveau apartment on Frankel Leo út facing Margit Island

The apartment:

154 square meters + 8 square meter loft

4 large rooms plus one small one, excellent layout with no wasted space, equally ideal for couples, families, multiple roommates or also for an office

3.8 meter internal height, huge windows

Original hardwood floors

Original architectural details on ceilings, original doors and windows

Corner apartment with huge windows, very bright and sunny

Gorgeous eastern views to Margit Island, Pest and the Danube

Open kitchen with original terrazzo floor, Bosch appliances, solid ash counters and cherry cabinets

Central heating system

Completely renovated in 2008 including floors, walls, windows, doors, plumbing, electrical and gas, as well as construction of kitchen

Extremely energy-efficient (monthly gas bill less than 13,000 HUF), comfortable in summer months due to good cross-ventilation and thick walls

Generous storage room and closet, plus lots of built-in shelving

Walkway area not used by neighbors (because of flat’s corner location) doubles as balcony

Some of the furniture can be included by agreement

The building:

Built in 1908, gorgeous Art Nouveau details.

Since 2008 complete renovations done on: external façade, courtyard facades, garden, gas lines, sewage lines, roof, elevator and stairwell.

Excellent building management, nice neighbors, pet-friendly

Beautiful green garden in the courtyard, secure bicycle and scooter parking

Safe off-street parking available for an extra fee

The neighborhood:

Frequent, quick and comfortable tram access to the entire city

Connection to cycle lanes

5 minute walk to Margit Island, swimming pools, thermal spas

Ideal central location: easy walks to Buda hills as well as downtown Pest

Lots of cafes and bakeries in area

Nearby farmers’ markets, shopping malls

Excellent local kindergartens and schools

Yield for this property

Cost price: € 238,853

Realistic rental expectation: € 1500 / month

Management fees: € 125 / month

Yield (excluding any taxes): 6.9 %