Damjanich 36

HUF 90M   7th District

Bedrooms:3 and Bathrooms:1  

Size of apartment: 115 m2

City Centre located large, beautiful 3 bedroom apartment with A/C, 3rd floor with an elevator (lift). Suggested renovation:

1. restoration as a beautiful 3 bed apartment cost estimate 25mft,The first images show proposed restoration, and the second section shows the current apartment.

2. conversion to 2 or 3 apartments, see separate floorplans showing this, cost estimate 40mft

This is a very quiet and secluded large 3 bed apartment. Located on the top floor at 36 Damjanich Utca in the 7th district close to the City Park. The apartment is at the back of the building and looks back over the gardens of the villas on the prestigous Ligeti Fasor Utca to the Buda Hills

There is a private balcony with room for a table and chairs, there is also A/C fitted for the hotter summer months. The flat compromises 2 or 3 bedrooms depending on how it is used.

The kitchen / dining area is located on entering the apartment, with a separate WC and a large bathroom with WC and Bath / Shower, the large hallway can be used for dining / social space and there are 4 other rooms. Currently set up as 2 bed, one large living room and one storage, but these can be reconfigured easily as 3 bedrooms.

Damjanich Utca is one of three broad, classic tree lined avenues leading from the City Park to the city center. It has great bus connections to the city center 5 minutes on the 70 or 78 buses to the trams 4/6 on the Korut. It also has a large quality Spar supermarket as well numerous smaller mom and pop stores, florist, Italian Deli, cafes and restaurants

Yield for this property

Cost price: € 250,696

Realistic rental expectation: € 1400 / month

Management fees: € 116 / month

Yield (excluding any taxes): 6.1 %