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Pope Laurence Square Studio

HUF 42,500,00   8th District

Bedrooms:1 and Bathrooms:1  

Size of apartment: 50 m2

50sqm luxury studio. A beautiful classic period apartment in a beautiful house facing to the serene and recently renovated and upgraded Lorinc Papp Ter in the heart of the palace district, the location is one of the best in the city for both long term rentals and shorter tourism stays. The apartment is fully renovated with between 40,000 to 50,000 euro of works / fixtures / fittings and furnishings (if you buy with all included)

It is a turnkey opportunity that for tourist use will net the owner circa 900 to 1000 euro per month asking price 42.5mft (140,000 euro including all furnishings)

2nd floor no elevator

Yield for this property

Cost price: € 116,991

Realistic rental expectation: € 950 / month

Management fees: € 79 / month

Yield (excluding any taxes): 8.9 %