Budapest Property Sales
Bedrooms:3 and Bathrooms:2
Size of apartment: 125 m2
A large (125 sqm), classic, 3 bedroom period apartment with panoramic views up and down river taking in 6 bridges over the Danube.
This fully renovated and furnished apartment is wonderfully situated on the banks of the Danube in the most prestigious and sought-after District 1 on the Buda side of the river.
The building, though unassuming from the outside, is a classic (Polgari) residence dating back to the turn of the last century and has had many famous residents over the years ... including a second world war UXB...no longer there we must add!
There is a large entrance hall to the building which leads up a few steps into a courtyard from where one may take either another grand and gentle staircase or a lift (elevator) to the third floor landing and apartment entrance. The apartment has recently been repainted. In addition the streets and buildings in the locality have had a lot of renovations in the last 2 years restoring the area to former glory.
Accommodation (see floor plan opposite) includes 3 large, wooden floored, high ceiling (4 metres) rooms all facing the river with superb views, the central room being used as the living room and the 2 either side as bedrooms. The current arrangement has the main bedroom with a balcony.
The modern kitchen-diner, with double doors leading to the living room, has a table large enough to seat 8 for dinner and is fully equipped with high quality, stainless steel appliances and a granite worktop. Towards the rear of the apartment are 2 bathrooms and a third bedroom (both the smaller bedrooms have tasteful galleries and can take a queen sized bed either at floor level or gallery level).
Cost price: € 481,818
Realistic rental expectation: € 2500 / month
Management fees: € 208 / month
Yield (excluding any taxes): 5.7 %