The perfect AirBnB apartment near New York Cafe

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The perfect AirBnB apartment near New York Cafe

VII. Budapest, Wesselényi utca

68 m²

-

3 Bedroom

-

2 Bathroom

119,000,000 HUF

1,750,000 HUF / m²

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Presentation of the property

68 sqm apartment for sale with excellent yield in the heart of inner Erzsébetváros

In inner Erzsébetváros, one of the most sought-after parts of Budapest, I am offering for sale a 68 sqm, first floor, fully furnished apartment, currently available for short-term rental.

The current layout of the apartment:
- 3 full bedrooms + 1 half-room
- 2 bathrooms and 2 toilets
- practical, small kitchen

The underfloor heating is provided by an electric boiler, and the hot water is provided by 2 large boilers. The apartment does not have a water meter, but the water meter can be quickly converted to a water meter if required, if necessary. Common cost 28,000 HUF (including water)

Thanks to the layout, the property can easily be converted into a comfortable, two-bedroom family home, while for investment purposes the current, multi-bedroom layout provides an outstanding yield. The property has an excellent rating and stable yield on the largest short-term rental platform, the average annual revenue in the last 3 years was over 15 million HUF, which we can support with official statements. If required, the license can be transferred, the activity can be continued during the moratorium period!

The condominium is tidy, quiet, there is an elevator in the building.

Due to the downtown location, the most important public transport routes, shops, schools, restaurants and bars are all within a few steps.

The apartment can also be purchased fully furnished and with all the equipment necessary for operation!

Data sheet

Listing type: For sale

Type: Apartment

Bedrooms: 3

Bathrooms: 2

Floor area: 68 m²

Floor: 2.

Asking price: 119,000,000 HUF

Price per square meter: 1,750,000 HUF

Features

condition:Renovated

view:Street view

parking:Parking possibility in close distance

elevator: Yes

heating:Electric

Contact

Location

Explore the area

DISTRICT VII.

VII. District is the historic Jewish quarter and today it’s Budapest’s nightlife district. It’s the loudest and most lively of them all, with some very popular ruin bars, beer gardens, street food vendors, design shops, specialty cafes, delicious diners and restaurants.

It is always very busy with a lot of tourists and there are plenty of backpacker hostels in the area. It’s mostly younger travelers who choose to stay here, but all night parties attract local people as well as tourists. You can easily get around the Jewish Quarter by walking with the area being pretty close to all the main sights in the city.

Some of the landmarks of Jewish district: