This is a truly beautiful apartment in one of the best locations in Budapest. Location first, you can walk to everything and that which you don't want to walk to can be gotten to by walking across the street to the metro station. Cabs are also plentiful right across the street. The apartment is brand new inside and renovated to a VERY high standard. Marble or wood floors, raised panel walls, wonderful high ceilings with a combination of traditional and contemporary lighting. The beds are top quality, kitchen and bathroom are top quality. This apartment exceeds very high end western standards!! The linens are top quality. Wifi is perfect. I cooked a number of meals in the extremely well fitted kitchen. Judi the housekeeper is amazing. She will do anything for you. She speaks perfect english and knows Budapest well too. So why not five stars, well, the building hallways etc. are not at all renovated. Quite the opposite. The halls, lobby, etc. are decrepit and are not clean. I assume given its location and the level to which the owner renovated the apartment that this is projected to change. The only other downside is the noise when the windows are open. Since the apartment is on the first floor (not ground floor, one up) the noise from the street can be quite loud if you sleep with the windows open. There is a balcony that overlooks an interior courtyard, however the courtyard is not renovated either and is quite unsightly. Overall though, the pros way overshadow the cons. How much time will you spend in the hallway? :) It's hard to imagine a better choice at a reasonable price in Budapest.