A47 Penthouse Budapest
Budapest, Hungary
3 rooms | 1 bedrooms | 1 bathrooms
€ 253,000 | 1/8 share
142 m2
About real estate
The stylish penthouse in the highest standard of TUSECA offers comfort and beauty in every detail, combined with an unprecedented genius loci of the building and its surroundings. The penthouse has a total area of 139.67 m2, of which 55 m2 is occupied by a fantastic terrace that boasts a jacuzzi. It is tailor-made for business trips to Budapest, providing all the comforts for a quiet relaxation while simultaneously being a great venue for hosting a party for a closed company. The apartment is divided into 3 floors, with the third occupying the roof terrace. This naturally divides it into sections for social and working life, a private area with a bedroom and an exclusive semi-open roof terrace. The first floor is dominated by the living room connected to the kitchen with a masterful visual division of the different zones, which also offers a quiet working area. The second floor has a private character, most of the area is occupied by a cozy bedroom, storage rooms, bathroom with bathtub and separate toilet. The pearl of the penthouse is for sure its spacious terrace with a dining and refreshment area, jacuzzi and sun loungers.
The house is located on Andrássy Boulevard, which is similar to Prague s Parisian street and breathes the atmosphere and charm of the Austro-Hungarian era. It is Budapest s top address with walking distance to key cultural, government, administrative and business buildings.
Equipment
Highlights
Top location
Charming building
Fantastic terrace
Genius loci
Indoor
Turnkey ready
Top materials
Smart segmentation
Outdoor
Living in the center or Austro-Hungarian fame of Budapest
Technical
WiFi
Alarm
Smart Home
Location
Budapest, Hungary
Availability
Andrássy Avenue directly tempts you to get around on foot - the penthouse is in the centre of the action and the boulevard offers dozens, maybe hundreds of picturesque nooks, cafes and shops tempting you to stop. But there's also an Oktogon metro and tram station literally a minute walk from the apartment. The centre of Budapest also offers you to travel in the style of the time the A47 house was built - by a fiacre!
Weather
Spring 11° Summer 21° Autumn 5° Winter -1°
Culture
The State Opera House is right at the doorstep of the A47 house. The neighborhood boasts The New Theatre or Nagymező utca, known as Budapest's Broadway, and many houses where prominent Hungarian personalities such as Ferenz Liszt and Zoltán Kodály lived or worked. At one end of the boulevard you'll find the city's most important religious buildings and across the river the old castle district with its landmark Buda Castle, while at the other end you'll find the aforementioned opera house and a number of museums.
Experiences
What shall we choose to do today? That will be the question of the day every morning! Sports, history, culinary experiences, discovering the city's hidden treasures or western-style entertainment, Budapest offers it all and you will live in the heart of it. Nearby the penthouse are casinos, cultural centers of various forms including floating ones, a picturesque lake surrounding Vajdahunyad Castle, and, of course, the world-famous baths. The famous Széchenyi thermal baths are within walking distance, respectively 5 tram stops from the penthouse.
We care. You are enjoying yourself
Planning your stay from start to finish
If you want, our “Stay designers” coordinate your arrival, departure and everything in between.
Continuously inspection and verification in dozens points
If you want, our “Stay designers” coordinate your arrival, departure and everything in between.
Support during stays
Premium support and assistance with any questions on request from our concierge service.
Planning your stay from start to finish
If you want, our “Stay designers” coordinate your arrival, departure and everything in between.
Continuously inspection and verification in dozens points
If you want, our “Stay designers” coordinate your arrival, departure and everything in between.
Support during stays
Premium support and assistance with any questions on request from our concierge service.
Let yourself be pampered
Before you arrive at your house, the designer of the stay or concierge can provide any of these additional services.
House maintenance
Facility management
Concierge
Transport from and to the airport
Car rental
Chef service
Barman
Fresh food
Activities
Babysitting
The ideal form of ownership
We have created a safe and functional model with clear rules, in which you can get a 1/8 share (maximum 1/2) of selected real estate at an affordable price, which you can then use as a co-owner according to your needs at least 6 weeks a year. You can easily sell your share at any time. You don't have to own the whole house to spend a few weeks a year in it.
The purchase price includes everything
Co-ownership€ 253,000
€ 506,000
€ 1,012,000
44 days of stay per year
Including
the price of the property
above-standard house equipment
technical and legal due diligence
legal and notary costs
company costs
taxes
commission
Favorable shared costs
The costs of maintenance and property management, as well as energy, are a very crucial aspect in owning a recreational property. In the Tuseca model, these costs are fairly distributed among the 8 co-owners, and therefore the cost of owning such a property is much lower than usual for each owner. Consumption and energy during the stay is, according to online measurements, accurately charged to each of the co-owners who are currently using the property.
Monthly operating costs
Stand-by energy, regular cleaning and maintenance, basic services (internet, streaming services, alarm, etc.)
€ 113
Other monthly costs
Insurance, ownership management, facility management by Tuseca
€ 99
€ 0 *
Total monthly costs
For 1/8 ownership
€ 113
44-day stay per year
＊First 12 months promotion.
Financial returns
+ 12.8%
Expected annual growth in the share value
The estimated annualized growth of the share value over time. The estimate is based on historical data and forecasts.
5,494 €
Expected rental income and savings compared to renting a similar property
The estimated per share rental income generated by this property and/or savings compared to renting a similar property.
10.0%
Expected annual return
The estimated annual return generated on your investment, including share value growth and rental income/savings.
Sources: National statistics agencies, Central banks and other credible statistical sources.