Office in Budapest

€ 1,300,000

Description

We offer you an office in the historical center of Budapest, Hungary.
The area is 470 m2. The second floor of a five-story brick building. Near the Basilica of St. Istvan.
Premises on lease until 12.2019.
The profitability of the object is 112000 EUR / year. High profitability - 9.23%.
This object has a profitability above the market average for office premises in Hungary (7%), its annual increase in value reaches 2%.
The possibility of lending in a foreign bank on the security of its own facility with low interest rates (from 2%), and the use of received funds both abroad and in the territory of their country.
We have more than 1,000 partners in 53 countries, including major real estate agencies, developers, banks, leasing companies, state regulatory bodies, and investment funds.
We offer real estate that provides passive income (various office buildings, street retail, production facilities, etc. with tenants with long-term lease agreements). Reliability, transaction support.

Property details

Floor
2
Close to
River
Type of location
City center
Mortgage
1
Number of premises
1
Currently functioning
1
Type of parking
Open
Rental income
120000
Ownership type
Proprietary
Payback period
7
Year of construction
1870

Location

Budapest

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