of classic elegance and modern convenience. With a total area of 118 m plus a charming 9 m terrace, this property is perfect for those seeking a spacious urban home or a high-yield investment opportunity. Key Features: Layout: The apartment boasts a well-designed interior with five rooms, including three bathrooms and three separate toilets, ensuring comfort and privacy for all residents. Modern Amenities: Equipped with gas circulation heating and three energy-efficient air-conditioning units (cooling and heating). Airbnb-Friendly: The building permits short-term rentals, with approval already secured, making it an ideal choice for investors. Highlights of the Area: Situated in the heart of Budapests vibrant VII District, this property is surrounded by trendy cafes, restaurants, and cultural hotspots. The lively atmosphere of Erzsbet Boulevard combined with excellent public transportation connections ensures unparalleled accessibility and lifestyle convenience. Pricing: The asking price is HUF 195 million / 479, 000, offering exceptional value for its location and features. Whether you're looking for a dream home or a lucrative investment, this Erzsbet Boulevard gem is a rare find. Dont miss the opportunityschedule your viewing today! Additional Costs: Buyer's Commission: 3% (+VAT) Legal Fees: Approx. 0.7% (+VAT) Stamp Duty (Property Transfer Tax): 4% Hungarys New Golden Visa Program: A Game-Changer in EU Residency Launched in 2024, Hungarys Golden Visa program provides a straightforward and efficient route for foreign investors to secure Hungarian residency through property investment. Investment Options: 250, 000: Investment in Real Estate Funds 500, 000: Direct Real Estate Purchase (available starting Q1 2025) This program stands out for its unmatched 10-year residency permit, a first in the EU Golden Visa market. Key Features: No Minimum Stay Requirements: Unlike other EU programs, applicants arent obligated to spend any minimum time in Hungary annually. Affordable Option: Its the most cost-effective Golden Visa program based on property investment in the EU. Fast Processing: Applications can be processed in 6-8 weeks. Highlights of the Program: 1. Exceptional Affordability Secure Hungarian residency starting at just 250, 000 (excluding fees). 2. Schengen Area Access Enjoy visa-free travel for you and your family across the Schengen Zone for up to 90 days within a 180-day period. 3. Safe Haven In a world of uncertainty, wars, and pandemics, an EU residency offers invaluable security. 4. Expedited Application Process Complete your residency application and receive approvals in 6-8 weeks. 5. Residency Pre-Approval Gain residency approval and family ID cards before making any financial commitment. 6. Eligibility for All Nationalities The program welcomes applicants of all nationalities, including citizens of Russia, Belarus, and Iran. 7. No Residency Obligation Unlike Portugals program, Hungary imposes no requirement for in-country stays. 8. Strategic Political Benefits In an evolving geopolitical landscape, Hungary provides a pragmatic base for global citizens. 9. Lifestyle Opportunities Whether you choose to live in Hungary or simply maintain residency, the country offers an appealing blend of old-world charm and sophistication. A Quick and Inclusive Pathway: Complete your application within 3 months, gaining residency for you and your family, with no restrictions on nationality. We assist you throughout the entire visa application process with our multilingual law firm partners.
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