Student residence in Budapest for sale

Property information

Compact student residence in Budapest with a view to the Gellertberg

We are pleased to offer you a compact residential complex in the green in an excellent location in Budapest for purchase. With a fantastic view to the Gellertberg, this apartment house, built in 2004, with an appealing 40m² terrace, on a total floor area of approx. 1,000 m². Built-up area / usable area are about 480 m² on 2 levels with 14 furnished rooms (18 - 22 m²), all with private bathrooms with about 3 m². Then you will find 2 fully equipped kitchens, the dining room, a lounge, an office and a small cellar of about 20 m². Sufficient parking spaces are available in front of the property and also on the property. The property is in a very good condition, it was regularly maintained and if necessary renovated. Heating: gas heating, security surveillance system. Especially central, good public connections. Conclusion: Central - but still in the green! Current use of the property: rental of housing units to students. New leases from September 2017 to June 2018 were concluded. Current rental income per month approx. 3.300.- € x 10 (current leases Sept 2017 - June 2018) = 33.000.- € with possibility of increase! We would like to present this property to you.

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