Come and check out this property located on Papnovelde street it is a great opportunity for investors and entrepreneurs! We are offering a unrenovated 341 sqm property on the high ground floor of a well-maintained building that includes an elevator.
The property is spread over the whole higher ground floor of the building. You can convert this into an office, hostel or even several apartments. The coverings and walls of this property have been dismantled. A separate mechanical room can be created in the house.
The infrastructure and public transport in the area are excellent. You can find the city center's University square just a couple min of a walk, Vaci Fashion street, restaurants and many cafes nearby. The M3 metro is just a 5 min walk away.
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.
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.
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.