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For sale is a recently refurbished 4th-floor duplex condo boasting high-end finishes in one of the prettiest art-deco buildings of Kecskemeti utca, right between Kalvin and Egyetem squares. The building has an elevator and is impeccably maintained both inside and outside.
The condo is 68 square meters (732 sqft), has 2 entrances, 2 baths, 2 kitchens and can be used as 2 separate studios (25 and 43 square meters) or a single apartment, as such it is also a fantastic investment opportunity. Due to its location and turn-key condition, it can generate passive income straight away, either as a short or long-term rental. The current owner rented the larger side as an Airbnb before moving to the US, thus generating passive income while living in the other side.
The apartment has undergone a meticulous renovation which included replacing the wiring, plumbing, and HVAC equipment as well as the windows, doors, and finishes. The heating is provided by a modern hot water radiator system (cirko), while the cooling is by a central A/C split system. The kitchens have granite countertops, while the bathrooms boast contemporary-style tilework and luxury massage showers.
AREA:
Amazing location, in the heart of the action, close to the river Danube, by Kalvin and Egyetem (University) squares on Kecskemeti street, packed with some of the most exquisite cafes and restaurants Budapest has to offer.
Needless to mention, public transportation options are available closeby:
- Trams (47,48,49)
- Buses (9,15,100E,115)
- Subway (M3, M4)
PARKING:
Free on-street parking for residents as well as off-street parking options closeby
District V. is located in the heart of Budapest. It's a government and business area with many popular office buildings. In this part of the town Deák Ferenc Square can be found, which is the largest public transport hub of the city, where three metro lines meet (M1, M2, M3). Rising above the buildings, the Budapest Eye ferris wheel overlooks the city, including some of the most famous attractions of the area, such as the Parliament and St. Stephen's Basilica.
Students prefer the neighbourhood due to the proximity of ELTE Faculty of Law (ÁJK), ELTE Faculty of Humanities (BTK) and Budapest Business School (BGE). Váci Street and Vörösmarty Square with its crowded restaurants and elegant shops are a popular destination for tourists. As you take tram 2 or walk along the Danube that borders the district, four bridges cross the river: Liberty Bridge, Elizabeth Bridge, Chain Bridge and Margaret Bridge.
For those looking for recreation in the green areas, Liberty Square, Elizabeth Square, Olympia Park, Kossuth Square and Károlyi Garden can provide space for regeneration. The nearest shopping mall is Westend City Center, next to the Western Railway Station, where you can reach the Liszt Ferenc Airport by train or the M3 metro and a transfer.
H-1053 Budapest, Egyetem tér 5.
Tel.: +36 1 808 9777
info@tower-investments.com • www.tower-investments.com
© 2019 Tower Investments | All rights reserved
Prices of apartments are indicative only. Pricing and availability should be confirmed with Tower International.
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