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Krudy Gyula Palace View

HUF 55M   8th District

Bedrooms:4 and Bathrooms:2  

Size of apartment: 110 m2

The 110sqm apartment has three bedrooms, 2 bathrooms and kitchen with all mod cons.

Located in the heart of the 8th district on Krudy Gyula, beside the National Museum, Raday utca and a comfortable walk to all major city centre attractions.

Check out the recently opened New York Coffee House just beside Blaha ujza ter (only 2 tramstops away. Trams at the end of Krudy utca). So good that when opened the owner threw the key in the Danube declaring it should never be closed! A major place for all Hungarian novelists, poets and artists in 19-20th century Hungary who would write their works or wait for inspiration there.

Check out the Chinese market (5 stops by bus 9 from Baross utca) for souvenirs. If you want a late dinner pay a visit to Stex (end of Krudy u. turn right, on the corner of Baross u.) where you can enjoy a meal until 3am, play pool or have a quiet drink. They also do very nice breakfasts from 7am.

Great views over the square, a thriving, young bohemian area you will not be disappointed.

For families, there are 3 enclosed, dog-free playgrounds in the vicinity, which are places to relax even for those without children, thanks to the pretty gardens and fountains. Playgrounds close at sunset. The National Museum runs a program for children on Saturdays where they can learn about different historical eras, for further information check www.mnm.hu.

For those travelling by car, bear in mind that parking tickets must be purchased (up to 2 hours at a time) on weekdays between 8am and 6pm. Parking is free in Budapest on the weekends. There is a parking house situated above the petrol station at Kalvin ter, only a 2 minute walking distance away.

The apartments can be reached by tram, underground, and bus. The nightbus services run nearby as well, so even if you stay out till the morning, it will never be a problem getting back by public transport.

Yield for this property

Cost price: € 175,159

Realistic rental expectation: € 1000 / month

Management fees: € 83 / month

Yield (excluding any taxes): 6.3 %