Budapest VIII. kerület, Corvin sétány 5. For sale brick apartment

FOR SALE BY OWNER.
A studio apartment is for sale on the sixth floor of the PARK RESIDENCE complex on Corvin Promenade (Corvin-sétány) in Budapest's 8th District.
A bright, sunny, and quiet apartment with a balcony.
Area: 30 m² + 8 m² balcony.
Low utility and maintenance costs.
The apartment is fully furnished; all furniture is included in the price.
It is a two-minute walk to the M3 metro station, tram lines 4 and 6, the local square, Corvin Plaza shopping mall, supermarkets, restaurants, and cafes.
Several universities are located on nearby streets:
National University of Public Service.
Semmelweis University (Hungary's oldest and most prestigious university).
Faculty of Information Technology and Bionics at the Catholic University.
Wekerle Business School.
The district was designed as a business hub, so the office complexes on the adjacent street house global corporations:
Nokia (one of the largest IT offices in Budapest).
EPAM Systems (a major international IT company).
And other large international companies whose employees are constantly in need of rental housing.
The apartment is being sold as a turnkey rental investment. It is fully equipped with everything necessary for renting out: a microwave, washing machine, iron, vacuum cleaner, kitchenware, and bed linen. No additional investment is required.
You can start generating income the day after the transaction closes. Apartments in this area rent for 270,000–290,000 HUF per month (plus utilities) on a long-term basis. The net annual yield is 5,0–6,0% (excluding capital appreciation).
The apartment holds a new Class A energy efficiency certificate, ensuring low monthly utility costs.
An excellent option for students or young families, as well as for short- or long-term rentals.
Viewings are available by appointment. If you are looking for a lucrative property ready for immediate purchase, do not miss this opportunity!