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The Rippl

Apt. 24

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The Rippl
Apt. 24

VI Budapest

Rippl Ronai utca 2, Budapest 1061, Hungary

€ 855.000

Potentional rent: € 4000/ pcm+costs

Potentional yield: 5%

186 m2

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The iconic Rippl is located in the historical, UNESCO World Heritage area off Budapest’s world famous Andrassy Avenue. The 19th century palace was completely rebuilt under Italian designer Roberto Forlani and completed in 2015.
In honour of the great Hungarian painter József Rippl-Rónai, whose 150th birthday will be celebrated during 2011, and considering the estate is located at Rippl Rónai street 2, the developers decided to name the project the Rippl – Estate of art.
In choosing this name they wanted to combine tradition, old Hungarian grandeur and project this emotion into modern day life, redefining the old with tomorrow’s demands of how our clients wish to experience a unique way of living.
The Rippl consists of 25 apartments on 4 floors. Apartment 24 is the second largest apartment in the entire building and located on the 3rd floor of the property, together with 5 more apartments.
Constructed using Italian design and German technology, the Rippl is heated and cooled using geo-thermal heating and fitted to a high-spec from home technology to interior finishes.
The 188m2 apartment, consists of 3 double bedrooms with their ensuite bathrooms, an entrance area, a large living room with 6 metre high ceilings, and a small balcony. A fully fitted kitchen, guest toilet, a large mezzanine with private bathroom facilities and much needed storage space are also included in this property.
With a 24/7 doorman service, a private gym for all Rippl residents located in the basement, with sauna and steam room. The apartment comes with a private parking space in the underground garage and a separate storage area in the basement. Close to the M1 metro station located on the same street, it has easy access to down-town Budapest within minutes.
The rental history of this property is also available on request.
If you are interested in viewing or more information on this apartment, please feel free to contact me.

Apartment Info

Constructed in 2015.
Apartment 24. III Floor.
186m2.
3 double bedrooms.
4 bathrooms.
Mezzanine/Gallery.
Fully equipped kitchen.
2 balconies - 6m2.
Parking space #5
Storage space #6

Apartment Spec

Geo Thermal Heating.
Floor heating/cooling system.
De-humidification system.
Sound insulation.
High grade wooden floors.
Italian design. German technology.
HVAC (Intelligent electricity distribution)
24/7 Porter.
Communal fully equipped gym/sauna

Estimated Monthly Running Costs

Condo. Fee. 900ft/m2
Electricity 20,000ft / €62
Water 10,000ft / €32
Heating/cooling 20,000ft / €62