£114,078

4 bed apartment for sale

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Guide price

£114,078

Ft54,500,000 (Ft61,003/sq. ft)

4 bed apartment for sale

Teleki László Square, Budapest

4 beds
1 bath
893 sq. ft

Features and description

  • Balcony
  • Double glazing
  • Turn key investment opportunity providing 7-8% yield per annum
  • Premium designs, high quality finishes, spacious living spaces
  • 2 bathrooms, 2 toilet
HCCA Homes is proud to present this unique investment opportunity. Situated in the up and coming and fast changing 8th district, Teleki László Square, in between 2 metro stations. Excellent investment opportunity, with a yield of 7-8% per annum by long term rental.
Ideal for someone looking to invest and make a great return.

The apartment:
The apartment is 83 sq m, consists of 4 bedrooms, 2 bathrooms and 2 toilets, a kitchen and dining room, newly renovated, completely furnished. Comfortable, spacious living areas. Premium designs and high quality finishes.
The flat has undergone complete renovation including both technical and aesthetical updates.
The building is classical style, well maintained with a newly renovated facade. 3 rooms are facing Teleki Laszlo Square and one room facing the quiet inner courtyard.
The flat has undergone complete renovation including both technical and aesthetical updates, including soundproofing the walls, new electricity, water and heating system. Heating is provided by modern, nobo heating panels that can be controlled by a smart thermostat, hot water is provided by two high capacity electric boilers.
New windows with shutters and new doors, the entire interior was designed by an interior designer, giving the flat a modern and trendy feel.
When designing the floor plan, the goal was to use and maximise all available space while at the same time making sure its livable and spacious. One of the rooms has a separate entrance and another room has a lovely, private balcony. Residents have two bathrooms with showers and two toilets
available, and the lovely kitchen-dining room serves as a cozy communal space.
This style and quality allows you to rent the property to local or foreign students looking for an exceptional quality home.
With this strategy, your “mini hostel” will be a real gem and gap-filling alternative on the market.

We estimate that the monthly sales generated by the 4 rooms can easily reach 400,000 huf. It represents an annual return of 7-8%.
Residents of the property have a modern kitchen in the common room
with oven, hob, microwave and dishwasher, washing machine in the bathroom.
It is important to emphasize that the apartment is fully furnished. It's new owner will have cash-generating asset that they can immediately put into operation.
The property is expected to be completed on July 31,2020. The attached pictures are visual designs.
Furniture and appliances are not included in the asking price, they are an additional 2 million huf.

Location:
Situated in the up and coming and fast changing 8th district, Teleki László Square, in between 2 metro stations, Blaha Lujza Square and II.Janos Pal papa square.
Close to all amenities such as shops, cafes, restaurants and more.

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

Tours

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