Retail space with a long-term lease agreement in the city center.
The store occupies 399 m² and has a front window of 43 m.
Can be also used as an office space.
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%.
The lease agreement is concluded for a period of 5 + 5 years.
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.