Description:

An exceptionally impressive, uniquely featured duplex apartment is for sale in the heart of the VI district, on the first floor of a lift-equipped condominium located at the corner of Király Street and Teréz Boulevard. The apartment covers 135 m² and includes two balconies: one facing Király Street and the other facing Teréz Boulevard.

Currently, the property is divided into two separate units with individual entrances. The larger unit is 115 m² and features a spacious living room, two bedrooms, and three bathrooms. The smaller unit is a 20 m² studio apartment with a bathroom. The property can easily be converted back into a single residence with a living room, three bedrooms, and four bathrooms, a modification that the owner is willing to carry out upon the new buyer's request.
At present, the apartments operate as short-term rentals, being established Airbnb properties, which ensures a steady rental income. Currently, the two units together can accommodate up to 6 guests.

The property boasts premium quality finishes, underfloor heating, and an impressive ceiling height of 4.2 meters. The apartment is sold furnished and equipped, making it ready for immediate use or continued rental.
The common cost is 30,000 HUF, while the monthly utility costs, with the current double-rate electricity pricing, range between 80,000 and 100,000 HUF.

Thanks to its prime location, the apartment offers a wide range of public transportation options. The 4 and 6 tram stops, as well as several bus lines, are conveniently nearby, providing easy connections to other parts of Budapest. The proximity to transport hubs ensures that the property is easily accessible throughout the city.

The location is also ideal for shopping, with the WestEnd City Center and Aréna Plaza shopping malls close by, offering a wide selection of stores, restaurants, and entertainment options. Additionally, Király Street and Teréz Boulevard feature numerous cafés and restaurants. In terms of attractions, the apartment's central location provides easy access to the famous Andrássy Avenue, a UNESCO World Heritage site, as well as Heroes’ Square and Vajdahunyad Castle. The nearby Széchenyi Thermal Bath and City Park (Városliget) offer excellent opportunities for relaxation and recreation.

The price of the property is 320 million HUF, providing approximately a 9.5% gross yield. This apartment is an ideal choice for investors seeking a premium-quality, centrally located property that generates immediate income.