Mercury Group
Furnished 2-bedroom apartment right next to the Parliament and Danube River in Budapest downtown
- Hungary, Budapest
- Balassi Bálint street
- Hungary, Budapest
- Balassi Bálint street
Property description
An 83 sqm 2-bedroom apartment that was completely renovated and rebuilt at a luxury level a few years ago is for sale by owner, right next to the Parliament and the Danube bank, on the corner of Kossuth Lajos tér, in one of Pest’s most iconic buildings, in the Biarritz house, district V. The property has a dining hall with an American kitchen that can be connected to the living room, and 2 bedrooms. Both bedrooms have their own bathrooms. From the balcony opening from the living room, you can see the Parliament and Balassi Bálint Street.
The apartment is located on the 1st floor, which actually corresponds to the 2nd floor.
The property can be used as both an apartment and an office, and it currently functions as an office.
The area is really popular because of the central historical location: Parliament is at the next corner, Danube is also next to the building. Great investment for rental purposes in Budapest: foreigners like renting apartments here and can be rented out for office as well.
Public transport is excellent: metro2 stop (Kossuth Lajos tér) is 5 minutes walk, tram2 and 24 stop is next to the building. The tram 4/6 stop (Jászai Mari tér) is also only some minutes walk.
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Finance and management:
- Hungary, Budapest
- Balassi Bálint street
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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