Description

My property is up for sale in Budapest, District 8 – Józsefváros. I offer a fully furnished 57 sqm apartment in Népszínház street. It is located in close proximity to Blaha Lujza square with a confortable 3 minutes walk. There is a large, 22 sqm livingroom, a sunny kitchen, a specious, 16 sqm bedroom, one bathroom, one toilet and a pantry which opens directly from the kitchen. The apartment is located on the 5th floor, with a view to the Courtyard. The flat is very quiet and is on the top floor which allows the apartment to have sunshine throughout the day.
The renovation of the building’s street-facing roof structure and entire exterior facade has reached its final stage and will be fully completed over the summer. The renovation will continue in the coming years with the building’s interior facades, stairwells, and other areas (suspended corridors), funded through additional grant applications.
It is in a classical building with two staircases, with one elevator each for easy access to flats. My apartment is situated in the inner staircase which is located further down from main street therefore is is very quiet. I bought the flat back in 2007 and ever since when I the opoortunity I have refurbished it in various phases. It is equipped with a Bosch-Junkers gas boiler which provides the central heating and hot water too, a corner-bath, air condition, shutters and railings for safety and security purposes. All individual utility meters have been changed to new ones over the last two years.

The apartment is free of encumbrances (no morgage) and can be taken into possession immediately.
Airbnb rentals and guests are welcome for licenced flats in the building as a result I would also recommend the apartment to investors. It also can easily be rented within a week for university students and young couples for 220.000 HUF/months.
Fees: its monthly common costs are 31.000 HUF which includes cleaning of the building, basic lift maintenance and rubbish take away. Total monthly costs are at around 55.000 HUF.

District 8 - Józsefváros, Palotanegyed, Corvin-negyed
The district gives home to many universities and has excellent public transport links. At the Eastern Railway Station, the metro lines M2 and M4 intersect, while at Kalvin Square the lines M3 and M4 meet. The József Boulevard section of the Grand Boulevard (Nagykörút) and the tram line 4-6 passes through it as well. One of the largest libraries in Budapest is the Szabó Ervin Library Central Library of Budapest.
Students may prefer the neighbourhood due to the proximity of the Faculty of Humanities at ELTE, the Semmelweis University (SOTE), the Pázmány Péter Catholic University, the Károli Gáspár University of the Reformed Church, the University Of Theatre And Film Arts.
The closest shopping malls are the Arena Plaza next to the Eastern Railway Station and Europeum next to Blaha Lujza Square. The Corvin Plaza (with the Corvin Cinema) is a little bit further down the Arena Mall, are open to the public, but culture lovers can also enjoy the plays of Erkel Theatre.
Those looking for green space in the National Museum's garden, the Orczy Garden and II. János Pál pápa Square can enjoy the proximity to nature. The dynamically developing part of the district is Corvin Square, which is popular with neighbourhood workers for its newly built condominiums and office buildings.
Sales price: 67.900.000 HUF (190.000 EUR)

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