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Property For Sale in Budapest, Hungary

MPFS Code - Individual Property Identification7517

150 sqm flat in the new city centre in Budapest

home for Sale in Budapest,
Location: Budapest, Hungary
Condition: Modernised building
 
Type: Apartment
No. of Bedrooms: 4
No. of Reception rooms: 1
No. of Bathrooms/WC's: 1
 
Price: €185,000
MPFS code: 7517

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150 sqm flat in the new city centre for sale in

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150 sqm flat in the new city centre for sale in

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150 sqm flat in the new city centre for sale in

From the house 30 M
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150 sqm flat in the new city centre for sale in

New bathromm
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150 sqm flat in the new city centre for sale in

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150 sqm flat in the new city centre for sale in

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150 sqm flat in the new city centre for sale in

The house and the new centre
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150 sqm flat in the new city centre for sale in

Next house: Finished Sep 2008
Property details

Double glazing
Central heating

A 2rd floor 4 bedroom mansion style apartment including fantastic high ceilings ( 13 ft – 4 m) briefly comprising 1777 sq feet (150 sqm) on one level with separath kitchen and dining room in Budapest centre, in the immidiate vicinity the new city centre, 8.district. (see: www.corvinsetany.hu) The apartman in very good condition.

DESCRIPTION
The large apartmant house – Nagytemplom Str 36 - has 32 apartmant in 5 floor. It was build 1898. The house is in good condition. It is found on main road Ulloi and Nagytemplom corner. (direct to airport , 20 minuits) but the apartment faced Nagytemplom Str. This street is small one way street. It is quiet - and bright but sunny only between 2-5 pm.
From the street in ground floor is a sweet-shop since 1920 and a chinese clothing-shop since 4 years.
In wiev of central aspect in the house work 2 agency. (1 computer, 1 consulting )
Half part of peaceful occupants are senior. In the house live a painter artist, a graphic artist, a concert pianiste (senior) bookkeeper, teatcher of university (senior) piano master and 5 cats and 3 dogs.
One owner from Germany one owner from China. All owner pay the costs of the maintenance.
( This is rare in Budapest and the house has savings)
Parking garage in 50 Meter. 75 €/Month.
COMMUNAL ENTRANCE: elevator and stairs to floors

THE APARTMENT
Last door on the 2nd .floor. (nobady walk before windows, door )

ENTRANCE 7' x 21' (2,2 x 6,3 M) about
Parquett, radiator , big wardrobe, doors all rooms, double doors into the luange. Electrical measuring, power.

KITCHEN 6,8' x 17' (2,2 x 5,1 M) about
Tiled floor, built in wall monted and floor standing wooden units, work surfaces with tiled splash backs, stainless steel double sink, hot water: Junkers gasboiler, AEG dischwasher, Bosch gascooker, electric oven, Zanussi electric fridge/freezer.
Power. Telephone point. Radiator. Double glazed window faced courtyard.

DINNER 7,5' x 11' (2,25 x 3,3 M) about
Parquet, open plan to kitchen. Stained glass window faced air-shaft. Tv, power point. Radiator.

PANTRY 4,8' x 4,3' (1,45 x1,3 M) about
Tiled floor, window faced air-shaft. Power.

WC 2,66' x 4,3 ' (0,8 x 1,3 M) about
New. Tiled 7' underfloor heating + radiator, wash hand basin, mixer tap, double glased stainedglass window – faced air-chaft – Geberit Doufix system (behind the wall), extractor fan, power.

BATHROOM 7,3' x 11,5' (2,2 x 3,45 M) about
New. Tiled 7' underfloor heating + radiator, built in and floor standing units, duble wash basin in granit Cashmir White, mixer taps, glazed shower stall, bath, stained glass window faced air-shaft.
Power of heating 24 KW Wolf with condensing boiler for hot water. AEG washing machine.

BEDROOM 1 19,3' x 18' ( 5,4 x 5,8 M) about
Parquet, double glazed window, double doors, power. Radiator. Internet point.

BEDROOM 2 SITTING-ROOM 19,3' x 15,3' (4,8 x 5,8 M) about
Parquet, double doors, telephone, tv point, duoble glazed window and bay window to front, power,

BEDROOM 3 19,3' x 14' (4,2 x 5,8 M) about
Parquet, double doors, telephone, double glazed window, power, radiator.

BEDROOM 4 9.6' x 16,6 ' (2,9 x 5 M) about
Parquet, big builtin wardrobe. Radiator, power. Window faced courtyard.


Location
- The best value for money apartments in the 8th District of Budapest, kezdődik e régi ház mellett. ( The 150 sqm flat in Nagytemplom str 36, the first new building Nagytemplom str. 34.)
- the most developing area of the capital where sqm prices are still low
- the area is becoming popular with young families and students due to its central location and competitive prices
- huge redevelopment is taking place: the classical buildings of District 8 are being refurbished, those in bad condition are removed and new projects are being built in their place
- the highest capital appreciation is achievable here because the sqm prices are low and the redevelopment is taking place at an incredible pace
Investment
This project is a secure location investment in the most developing part of Budapest, District 8. District 8 benefits from the biggest redevelopment in Europe, its classical buildings are being refurbished one after another, the ones in bad condition are demolished and new constructions appear in their place. Squaremetre prices are still very low in District 8 so this is the time to buy here. With the development plans scheduled for the next 5-10 years it will become a highly attractive and popular neighbourhood just like other parts of Budapest where this redevelopment is underway, so the highest capital growth is achievable here.

For more details of this property, view the sellers web site at
www.flickr.com/photos/steinway

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