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For sale apartment,
H508026
Budapest VII. kerület, Külső Erzsébetváros, Péterfy Sándor utca
99,500,000 Ft
254,000 €
- 75m²
- 2 Rooms
- 2nd floor
Excellent Investment in the Revitalized 7th District – 2 Apartments in One, Close to Universities
Located in the heart of Budapest, at the corner of Hernád and Péterfy Sándor Streets, directly opposite the Garay Center, we offer for sale a 75 m² (gross 89 m²), fully renovated property divided into two separate apartments. Situated on the 2nd floor of a well-maintained, turn-of-the-century building, the apartment combines the vibrant lifestyle of the city with a rare sense of tranquility.
Why this property is special:
• Two apartments – one investment
The property has been converted into two fully independent units, each with its own entrance and individual utility meters. Both apartments feature fully equipped kitchens, bathrooms, wardrobes, and loft spaces, providing two stable sources of rental income.
• Immediate rental income
One of the apartments is currently rented, allowing the new owner to start earning income immediately. The expected combined monthly rental income is 450,000–500,000 HUF, an exceptional return for this location.
• Comprehensive technical and aesthetic renovation
The property has been fully updated structurally and technically: new plumbing and electrical systems, a modern condensing boiler, programmable underfloor heating in each room, insulated flooring, and modern windows ensure energy efficiency and low utility costs.
• Stylish, contemporary interiors
Both apartments are sold fully furnished and equipped, with premium materials, private wardrobe spaces, kitchens, appliances, TVs, and household devices included. The apartments are ready to move in or rent out immediately.
• Flexible usage
Perfect for investors, home & income setups (own home + rental unit), or long-term rental.
• Energy-efficient operation
All utility consumption fits within favorable energy cost limits, making the property economically sustainable.
Apartment 1 – 46 m²
- Spacious, sunlit living area with an 8 m² loft
- Lockable wardrobe with custom built-in furniture
- Luxury bathroom
- Fully equipped kitchen
Apartment 2 – 43 m²
- Bright living area with a 5.5 m² loft
- Separate wardrobe and laundry room
- Stylish, well-designed bathroom
- Fully equipped kitchen
BUILDING
The turn-of-the-century eclectic-style building is in excellent condition, financially stable, and has a quiet, conscientious community. The interior courtyard is bright and well-kept. The ground floor hosts a craft café and studio, creating a friendly and peaceful atmosphere. Airbnb rentals are not permitted, ensuring a stable, residential environment.
LOCATION
- 7th District, Erzsébetváros, on the popular Péterfy Sándor Street, directly opposite the renewed Garay Center, just a short walk from City Park (Városliget) – blending classic urban charm with modern city comfort.
- Excellent transport connections – metro lines 2 and 4, multiple bus and tram lines are within a few minutes’ walk. The Keleti Railway Station is nearby, providing easy national and international travel.
- Shopping and amenities – besides the shops, cafés, and market at Garay Center, the area offers convenience stores, pharmacies, post offices, and banks.
- Cultural and recreational proximity – City Park, Heroes’ Square, Széchenyi Thermal Bath, and the Kunsthalle are all within walking distance.
- Greening initiative – Hernád Street is a one-way, low-traffic street lined with trees and greenery, part of the district’s urban greening program, providing a more pleasant and livable environment.
- Close to universities – the University of Veterinary Medicine, ELTE Faculty of Humanities, and Metropolitan University are just a few stops away, making the location highly attractive for students and young professionals.
This property is a rare find: it combines the vibrancy of central city living with outstanding rental potential. Ideal for those seeking a secure, long-term, value-growing investment in one of Budapest’s most sought-after areas.
Why this property is special:
• Two apartments – one investment
The property has been converted into two fully independent units, each with its own entrance and individual utility meters. Both apartments feature fully equipped kitchens, bathrooms, wardrobes, and loft spaces, providing two stable sources of rental income.
• Immediate rental income
One of the apartments is currently rented, allowing the new owner to start earning income immediately. The expected combined monthly rental income is 450,000–500,000 HUF, an exceptional return for this location.
• Comprehensive technical and aesthetic renovation
The property has been fully updated structurally and technically: new plumbing and electrical systems, a modern condensing boiler, programmable underfloor heating in each room, insulated flooring, and modern windows ensure energy efficiency and low utility costs.
• Stylish, contemporary interiors
Both apartments are sold fully furnished and equipped, with premium materials, private wardrobe spaces, kitchens, appliances, TVs, and household devices included. The apartments are ready to move in or rent out immediately.
• Flexible usage
Perfect for investors, home & income setups (own home + rental unit), or long-term rental.
• Energy-efficient operation
All utility consumption fits within favorable energy cost limits, making the property economically sustainable.
Apartment 1 – 46 m²
- Spacious, sunlit living area with an 8 m² loft
- Lockable wardrobe with custom built-in furniture
- Luxury bathroom
- Fully equipped kitchen
Apartment 2 – 43 m²
- Bright living area with a 5.5 m² loft
- Separate wardrobe and laundry room
- Stylish, well-designed bathroom
- Fully equipped kitchen
BUILDING
The turn-of-the-century eclectic-style building is in excellent condition, financially stable, and has a quiet, conscientious community. The interior courtyard is bright and well-kept. The ground floor hosts a craft café and studio, creating a friendly and peaceful atmosphere. Airbnb rentals are not permitted, ensuring a stable, residential environment.
LOCATION
- 7th District, Erzsébetváros, on the popular Péterfy Sándor Street, directly opposite the renewed Garay Center, just a short walk from City Park (Városliget) – blending classic urban charm with modern city comfort.
- Excellent transport connections – metro lines 2 and 4, multiple bus and tram lines are within a few minutes’ walk. The Keleti Railway Station is nearby, providing easy national and international travel.
- Shopping and amenities – besides the shops, cafés, and market at Garay Center, the area offers convenience stores, pharmacies, post offices, and banks.
- Cultural and recreational proximity – City Park, Heroes’ Square, Széchenyi Thermal Bath, and the Kunsthalle are all within walking distance.
- Greening initiative – Hernád Street is a one-way, low-traffic street lined with trees and greenery, part of the district’s urban greening program, providing a more pleasant and livable environment.
- Close to universities – the University of Veterinary Medicine, ELTE Faculty of Humanities, and Metropolitan University are just a few stops away, making the location highly attractive for students and young professionals.
This property is a rare find: it combines the vibrancy of central city living with outstanding rental potential. Ideal for those seeking a secure, long-term, value-growing investment in one of Budapest’s most sought-after areas.
Registration Number
H508026
Property Details
Sales
for sale
Legal Status
used
Character
apartment
Construction Method
brick
Net Size
75 m²
Gross Size
89 m²
Heating
Gas circulator
Ceiling Height
380 cm
Number of Levels Within the Property
2
Orientation
South-West
Staircase Type
suspended corridor
Condition
Good
Condition of Facade
Good
Condition of Staircase
Average
Basement
Shared
Neighborhood
good transport, central
Year of Construction
1945
Number of Bathrooms
2
Position
street-facing
Common Costs
15000
Water
Available
Gas
Available
Electricity
Available
Sewer
Available
Storage
Shared
Rooms
living room
21.6 m²
gallery
8 m²
wardrobe
4.5 m²
bathroom-toilet
5 m²
corridor
3 m²
open-plan kitchen and dining room
8.7 m²
living room
14.7 m²
gallery
5.5 m²
wardrobe
2.6 m²
bathroom-toilet
3.3 m²
open-plan kitchen and dining room
8.2 m²
corridor
5 m²
Ruczek János
Credit Expert
December hónap budapesti otthonszakértője
III. helyezett
Polereczki Szilvia
Gyémánt fokozatú Otthonszakértő
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