Store in the center of Budapest, Hungary

Additional information is provided after the signing of an NDA

Store in the center of Budapest, Hungary

1,200,000 €
3,007 € /m²
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  • Total area
    399 m²
  • Yield
    8.2 %
Details
Financial performance
  • Annual income: 99,000 €
Tenants
  • Fully let
  • End of lease: 2029
Features
  • Street retail

Retail space with a long-term lease agreement in the city center.

Description

The store occupies 399 m² and has a front window of 43 m.

Can be also used as an office space.

Financial performance

The cost of the property is 400,000,000 HUF/ 1,200,000 €.

The absolute annual income is 99,000 €.

The current yield is 8,2%.

Tenants

The lease agreement is concluded for a period of 5 + 5 years.

Location

The property is located in the central 6th district of Budapest, 200 m from the central square оf the city Deak Ferenc ter.

Budapest is the capital of Hungary, one of the largest and most beautiful cities in Europe, located on both sides of the Danube River. Known for its magnificent architecture, among which stands the neo-Gothic building of the Hungarian Parliament, a large number of architectural monuments, wide and beautiful avenues with shops and restaurants.

Budapest is the only capital in Europe that has the status of a resort — due to the numerous thermal springs the city is an excellent place to relax and regain health.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other retail space for sale in Hungary.

You can see more retail space for sale in District VI (Terézváros) elsewhere on our website.

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