special offer

Great location! Located by This is a large 89 m2, two bedroom flat with living room and a separate toilet with a big kitchen in the 6th district. The apartment is a 2 min walk in one direction to the main 4/6 tramline, and a short stroll over the bridge leads to Margit Island which is the largest green park space in the entire city, and another 2 min from the blue metro line located at West End City Center (one of the biggest shopping centers in Europe). The flat was completely renovated in January 2006.The bedrooms and living room faces a small street and the kitchen faces the courtyard.

Price HUF 39.900.000

Price EUR 134.000circa

Area 89 m²

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Budapest Property Market News

Latest Market News

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Foreign investors buy net HUF 126 bln forint government securities in January February 4th, 2010 Non-resident or foreign investors were net buyers of Hungarian forint-denominated government securities in January, increasing their holdings by HUF 126 billion, or around €540 million, to HUF 2,218 billion at the end of the month, Staff of 700 to work for Hungarian EU presidency February 4th, 2010 Hungary will employ a staff of 700 to work under the Hungarian EU presidency in the first half of 2011, mainly civil servants already dealing with EU affairs, the Foreign Ministry told MTI. Hungary To Overshoot Deficit Goal In 2010 - GKI February 4th, 2010 "Hungary’s economy will be around stagnation status in 2010, with the general government deficit likely to come in around 4-5% of GDP, depending on the next government economic policy, according to the latest forecast of think tank GKI prepared in co-operation with Erste Bank. The current technocrat government projects a budget deficit of 3.8% of GDP in 2010.   Magyar Telekom wins international investor relations award July 10th, 2009 he international Investor Relations Magazine (IR Magazine) has given Magyar Telekom the award for Best Investor Relations by a Hungarian Company and Krisztina Förhécz, head of Magyar Telekom's Investor Relations Department, the 2009 award for Best Investor Relations Officer in a Hungarian Company. Magyar Telekom wins international investor relations award July 10th, 2009 he international Investor Relations Magazine (IR Magazine) has given Magyar Telekom the award for Best Investor Relations by a Hungarian Company and Krisztina Förhécz, head of Magyar Telekom's Investor Relations Department, the 2009 award for Best Investor Relations Officer in a Hungarian Company. Second wave of tax reforms passed July 8th, 2009 The second package of tax reforms, due to come into effect on 1 January, was passed by Parliament last Monday, which the government hopes will stimulate the economy and increase participation in the labour market . Indotek plans residential-commercial complex in Budapest July 9th, 2009 Indotek, a property developer established by the US-based Bohemian Group of Companies and other private capital and venture capital investors, plans to build a HUF 49.5 billion residential and commercial complex in Budapest's District XV over the next ten years, Indotek told MTI. Cash-strapped council may unload building to get hard cash July 6th, 2009 According to the left-leaning daily Népszava, the council of Budapest’s District’s V is planning to sell the Párizsi courtyard and other valuable properties to offset the HUF 500 million (EUR 1.84 million) debt of the district. Népszava says that building most likely will be renovated and open as a luxury hotel. Several hotel projects in Budapest are on hold due to the financial crisis. EC sees Hungary economy contracting 1.6p% in 2009 January 19th, 2009 Hungary’s economy is likely to contract 1.6% in 2009 and expand about 1% in 2010, the European Commission forecast on Monday. Hungary Needs To Learn Lesson From 2008 Forint Story January 6, 2009 "If we were to write a brief summary of what happened to the Hungarian currency in 2008, the job would be relatively easy: Early in the year, abandoning the trading band seemed to open the path for the exchange rate to become a powerful tool in fighting inflation. Inflation Eases To 5.1% In Oct From 5.7% in Sept November 11, 2008 "Hungary's consumer prices rose 0.2% month on month and 5.1% year on year in October 2008, undershooting the 5.2-5.3% yr/yr consensus in a Portfolio.hu poll. Daimler AG, Hungary ink deal to stop speculations October 29,2008 Germany-based premium car manufacturer Daimler AG. signed an agreement with Hungary's government on Monday (Oct 27), to invest approximately EUR800 million ($1bn) in a new plant near Hungarian Kecskemét town (60 km south of Budapest), that will manufacture more than 100,000 compact cars annually from 2012, and create up to 2,500 direct jobs, indirectly employing up to 10,000 people.

Record activity on the industrial property market August 13, 2008 As the industrial market of Budapest, and surrounding areas, has been rapidly evolving in recent years, property consultant CB Richard Ellis divided Budapest and its surrounding industrial locations graphically into three separated submarkets, the quarterly market view report of the company, published last Friday (August 8) states. Regional bank growth slows but still strong June 23,2008 The banking market in the Central Eastern European region remains dominated by foreign international players, who continue to profit from their investments in the region, says CEE Banking Study 2008, a report prepared by UniCredit Group economists. DTZ reports 'best year' in Hungary July 23, 2008 Preliminary results for DTZ Holdings Plc for the year ended Apr 30 2008 showed increased revenue through ongoing diversification and globalization, with the Hungarian division reporting a record year, the company said. Despite Forecasts, Hungarian Currency Buoyant Again July 30, 2008 Coupled with very low trading volume, the Hungarian forint is making a slow advance in the forex market this morning. Hungary says Economy Near Turning Point after Austerity Package June 2,2008 With the budget deficit likely to come in above target this year,  Finance Minister Janos Veres said on May 29 that the Hungarian economy is approaching a turning point. Magyar Suzuki claims 'great' year May 28, 2008 Despite the "severe market situation in the Hungarian car industry," Magyar Suzuki Corporation (MSC) closed the 2007 financial year with a "great" performance, the company said Friday, May 23. MPs Pass Anti-Segregation Schools Bill , 2008 Parliament yesterday passed a bill designed to reduce segregation in schools. It requires all local authorities that operate schools to draw up an equal opportunity plan against segregation. Those schools that do not draft such a plan will be barred from bidding for EU funds. Power plant investment kicks off in NE Hungary 2008 The cornerstone of the 233.2 megawatt capacity, gas-fueled, combined cycle power plant to be built in Vásárosnamény (northeast Hungary) was set on Sunday Former Rynart depot rebranded April 8, 2008 Much of the Hungarian logistics market was shocked by the demise of Rynart, one of its largest operators, in October last year. Orbán wants early elections April 8, 2008 According to opposition leader Viktor Orbán, "the only solution left [for Hungary] is to hold early elections," the opposition leader told Fidesz's 20th anniversary party on Sunday (Mar 30). Property investors need to know where to look March 21, 2008 It seems to be impossible to switch on the television or open a newspaper without reading gloomy stories about the knock-on effect of the US sub-prime mortgage crisis and the resulting global credit crunch. But its not all bad news for the Budapest market.

 

 

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Bajcsy-Zsilinszky út 5.

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