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Ferenciek tere 1 bedroom apartment

District V., Belváros
160 000 0002 318 841 / sqm
1Beds
1Baths
69Size (sqm)

Listing description

You will have a breathtaking view in this beautiful 1 bedroom flat located on the 4th floor of the very unique, the so-called Royal Tenement Palace that was built for Emperor Franz Josef I and his company at the turn of the 19th Century. It's a gigantic, 6-storey building designed by Flóris Korb and Kálmán Giergl in 1899 in eclectic style with secession/art nouveau elements, with glass details from the artist Miksa Roth ("Hungarian Tiffany").

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Property Details

Floor:4
Elevator:Yes
View:Panorama
Orientation:Northwest
Balcony:No
Furnished:Yes
Apartment Condition:Excellent
Building Condition:Good
Property Type:Apartment
Common Cost:€ 22000
Investment Type:Buy to let
Expected Yield:4%

Amenities

Air Conditioning
Circo Heating

Location

Leo HuntsFerenciek tere 1 bedroom apartment

District V.

Perhaps the most stunning of the districts, the best of Budapest can be found in District V.

With the grandiose Parliament and St. Stephen’s Basilica, some of Budapest’s most famous structures lie in this district. The architecture is magnificent and unparalleled, even in the residential buildings.

The beautiful tree-lined Danube promenade runs the length of District V, with riverbank views of Buda and its hills. Here Pest and Buda are linked by many bridges, most notably the Chain Bridge with its sentry lions. The charming Tram 2 also offers a quicker way to explore the promenade, while still providing the spectacular views.

The restaurants of District V are wide-ranging and excellent. The majority of the city’s Michelin-star restaurants are clustered in this part of the city, where options range from the world-famous Nobu to the local-star Mák. Top-notch bars can also be found here, offering excellent cocktails with a view of the rooftops.

The popular Vaci and Fashion streets meet all the shopping needs, from basic clothing chains to high-end Hungarian brands like Nanuska. Perhaps most charming of all, starting in November each year, the Christmas markets pop up around the district, with cozy stalls and hot wine.

Culturally, District V was and continues to be a cornerstone of the city. Many important monuments and historical sites lie here, making the past tangible and relevant. In the present day, this district hosts many of the fairs and fests that occur every year.

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What to expect

This district has the ultimate luxuries - the gorgeous buildings, the restaurants, and the shopping. With charming streets, a riverfront walk, and convenient public transportation, it’s pleasurable to live in and explore this part of the city. At night, the area is relatively empty and quiet, with the big partying occurring in other districts.

What not to expect

District V is a popular area for tourists, with many visitors wandering the streets throughout the day and making it fairly crowded. The community here is far more transitory as well due to its constant influx of tourists.


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