A rare opportunity in one of the most popular parts of Zugló – a bright, garden-view, fully furnished apartment next to the Diplomat Quarter.

Price: 49,900,000 HUF

In one of the most popular parts of Budapest’s 14th district, on Columbus Street, in the immediate vicinity of the Diplomat Quarter, we offer for sale this 28 m², excellent condition, fully furnished apartment for sale.

The property is located in a three-story condominium with only 6 apartments, surrounded by a well-kept, green garden on all sides. All windows of the apartment face the garden, so there is no street noise or direct street-front view, instead the owner is greeted by a calm, park-like environment. There is also a shared sitting and relaxation area in the garden.

Thanks to the full-size windows and doors and the favorable orientation, the apartment is bright all day long. The practical floor plan offers a separate kitchen with dining area, a spacious living room and a bathroom with a window.

The apartment is for sale with all the furnishings shown in the pictures, so it can be moved into immediately as your own home or used immediately as an investment.

Main features:

• 28 m²
• 1 spacious room
• Separate kitchen with dining area
• Bright bathroom with window
• New Ariston condensing combi gas boiler
• Full-size windows overlooking the garden
• Excellent natural sunlight
• Quiet, park-like environment
• Condominium with only 6 apartments
• Shared garden with seating
• Free of encumbrances
• Can be occupied immediately
• All furnishings are included in the purchase price

Technical advantages:

Heating and domestic hot water are provided by a modern Ariston condensing combi gas boiler.

The apartment is located in the semi-basement, but its design differs significantly from traditional basement-style apartments. Thanks to the large, full-size windows overlooking the garden, it provides a pleasant living space rich in natural light.

The wall structure, which is partly in contact with the ground, contributes to a comfortable indoor climate all year round: it heats up more slowly in summer, and in winter the natural thermal insulation effect of the ground helps to retain heat.

The condominium:

Thanks to the small number of apartments, the condominium has a calm, cultured residential community. The well-kept garden and common seating area provide a pleasant environment for everyday life.

Location:

It is located in the popular part of Columbus Street Zugló, near the Diplomat Quarter. Nearby are the City Park, Stefánia Street, shops, excellent public transport, restaurants, sports facilities and all important services.

An excellent choice for investment:

Due to the location, size and condition of the property, it is also an excellent choice for long-term rental.

• Expected net rental fee: approx. 250,000 HUF/month (utilities are paid by the tenant)
• Annual net rental income: approx. 3,000,000 HUF
• At the current purchase price, this represents an annual rental yield of approximately 6%.

The above yield refers exclusively to the rental income and does not include the return from the increase in the market value of the property. Zugló is one of the most sought-after districts of Budapest, which has shown significant value growth in the past decade, so in addition to the rental yield, long-term value retention and value growth potential can also be an important consideration.

I do not ask for real estate agents to contact me.

If you are interested, please send me a message with short introduction.