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Nagy Fuvaros utca 7 bedroom apartment

District VIII., Magdolnanegyed
€ 283 500€ 2 465 / sqm
115Size (sqm)

Listing description

We are offering a great investment property for those looking for high rental yield in Budapest. This 7 bedroom, 2 bathroom apartment is ideal for long rentals. It can be immediately rented to the current management company for 1,950 euros/month, or taken over completely by the new owner with a 60 day notice period. No Airbnb is allowed in the building.

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Property Details

Apartment Condition:Excellent
Building Condition:Good
Property Type:Apartment
Common Cost:€ 40000
Investment Type:Buy to let
Expected Yield:8%


Circo Heating


Leo HuntsNagy Fuvaros utca 7 bedroom apartment

District VIII.

While District VIII has some less appealing areas, the Palace District stands out from the rest.
This lower area of District VIII has much to offer in terms of cultural interest and beauty.

With its wide, tree-lined streets, this part of the city feels distinctly different from the surrounding areas. Many university buildings can be found here, bringing a young, vibrant energy along with beautiful architecture. As the name Palace District would suggest, palaces built in the 19th century, generally of neo-baroque style, line the streets. Today, these grand structures have been converted into hotels, libraries, and residences, offering a luxurious charm to the area.

The Hungarian National Museum stands on the edge of the district, with its newly-restored grounds, perfect for a stroll or sitting on a bench with a book.

Mikszáth Square is the heart of the Palace District together, with its exciting shops, yummy food options, and outdoor bars. In the summer, the young artists of the city flock to this square to sit at the outside tables and enjoy the weather.

While the restaurant options may not be as varied as in other parts of the city, the establishments that are here are well-loved and very good. The cafes and teahouses in this district are truly special, from the eclectic Sirius to the modern Lumen.

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What to expect

The Palace District has beautiful and clean streets flanked by elegant buildings. The area is, for the most part, pretty quiet, and most of the places close early in the evening.

What not to expect

While there are trees and lovely small parks, it does not have the large green spaces as in other districts. In terms of historical and cultural sites, this district does not have much to offer.

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Leo Hunts

Leo Hunts Realty

1068 Budapest Benczúr utca 11

+36 30 828 2232

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