Unique investment opportunity for sale in Budapest, in the 8th district, in the heart of the Palotanegyed, just a few steps from Kálvin Square, on Baross Street.
Unique investment opportunity for sale in Budapest, in the 8th district, in the heart of the Palotanegyed, just a few steps from Kálvin Square, on Baross Street.
This 61 m property is registered under a single parcel number, yet it has been smartly divided into two completely separate, independently functioning apartments, making it an excellent high-yield investment.
The smaller 21 m apartment includes a compact kitchen and a bedroom, along with a tasteful, windowed bathroom with WC. Both units are heated by electric panels, and hot water is provided by electric boilers.
The monthly common cost is 19,800 HUF, which includes unlimited water consumption. Gas service is currently disconnected (the gas meter is still in place and can be reactivated), and electricity consumption is measured separately by sub-meter.
The layout is practical and cleverly designed, both apartments are bright, stylish, and currently rented, providing immediate rental income. A further advantage is that the property is located at the end of the open corridor, ensuring privacy and allowing the corridor space to function as a private balcony.
Within walking distance are ELTE, Corvinus University, BME, and Semmelweis University, making this property ideal for students or investors. Nearby are the Szabó Ervin Library, the National Museum, the Great Market Hall, the Danube Promenade, and the elegant shops, cultural institutions, and vibrant nightlife of District V.
Unique investment opportunity for sale in Budapest, in the 8th district, in the heart of the Palotanegyed, just a few steps from Kálvin Square, on Baross Street.
This 61 m property is registered under a single parcel number, yet it has been smartly divided into two completely separate, independently functioning apartments, making it an excellent high-yield investment.
The larger apartment is approximately 39 m, featuring a spacious eat-in kitchen, a separate bedroom, a windowed bathroom with shower, and a separate, ventilated WC. The smaller 21 m apartment includes a compact kitchen and a bedroom, along with a tasteful, windowed bathroom with WC. Both units are heated by electric panels, and hot water is provided by electric boilers.
The monthly common cost is 19,800 HUF, which includes unlimited water consumption. Gas service is currently disconnected (the gas meter is still in place and can be reactivated), and electricity consumption is measured separately by sub-meter.
The layout is practical and cleverly designed, both apartments are bright, stylish, and currently rented, providing immediate rental income. A further advantage is that the property is located at the end of the open corridor, ensuring privacy and allowing the corridor space to function as a private balcony.
The apartment is situated on the 2nd floor of a well-maintained, tidy, non-elevator building. The Palotanegyeds charm and the excellent infrastructure of the city center provide unparalleled convenience: just a few steps from Kálvin Square, one of Budapests best-connected transport hubs (M3, M4 metro lines, trams, buses, trolleybuses).
Within walking distance are ELTE, Corvinus University, BME, and Semmelweis University, making this property ideal for students or investors. Nearby are the Szabó Ervin Library, the National Museum, the Great Market Hall, the Danube Promenade, and the elegant shops, cultural institutions, and vibrant nightlife of District V.
Asking price: 94.9 million HUF Contact: +36 70 384 5302