89,000,000 Ft
245,000 €
- 82m²
- 5 Rooms
- ground floor
Investment Opportunity in Budapest’s District VI – Two Apartments in One Property with a 6.75% Annual Gross Yield!
We are offering for sale a two-level property divided into two separate residential units, located on Szinyei Merse Pál Street in Budapest’s District VI. This property is an ideal choice for investors seeking long-term rental income.
Two rentable apartments, one property, and a potential monthly rental income of HUF 500,000!
Brochure:
https://kocka.homes/brochure/BK202609210372
The property is situated on the ground floor of a well-maintained residential building. Its unique feature is that both residential units have two full-height levels with standard ceiling heights. The upper floors are not simply mezzanines but comfortable, fully usable living spaces.
The property is divided into two independently usable residential units (40 sqm on title deed, 83 m2 in reality with two floors 220 cm internal height):
Apartment 1 – Living Room + 2 Bedrooms
The ground floor features a living room, complemented by two separate bedrooms on the upper floor. Heating is provided by a gas central heating system.
Apartment 2 – Living Room + 1 Bedroom
The second apartment also features a two-level layout, with a living room on the ground floor and a bedroom upstairs. Heating is provided by electric infrared heating panels.
Registered floor area: 40 m² | Actual usable floor area: 80 m²
The layout allows the two residential units to be used and rented independently, enabling the investor to generate rental income from two separate tenants.
Please note that the utility meters are not separately metered for the two units. Therefore, utility consumption and cost allocation must be arranged through a separate agreement with the tenants.
Low Maintenance Costs and Favorable Technical Features
The property's technical condition and low operating costs make it particularly attractive for long-term rental purposes.
New, modern windows and doors equipped with ventilation features.
Walls treated with a chemical injection damp-proofing system to protect against rising moisture.
Low utility costs, with a monthly common maintenance fee of just HUF 10,000, which also includes water consumption.
A well-maintained residential building in good condition, with financial reserves.
The favorable maintenance costs make the apartments more attractive to potential tenants while providing the owner with more predictable operating expenses.
Prime Central Location – Budapest, District VI
Szinyei Merse Pál Street is located in a central part of Budapest’s District VI, offering excellent infrastructure and convenient access to the city.
Nyugati Railway Station, Andrássy Avenue, Oktogon Square, and the Westend Shopping Centre are all within easy reach.
Metro lines M1 and M3, tram lines 4 and 6, and numerous bus routes provide convenient connections to different parts of Budapest.
The surrounding area offers a wide selection of shops, restaurants, cafés, healthcare facilities, universities, and employment opportunities.
The central location, excellent transport connections, and two separate residential units make this property suitable for providing long-term accommodation for young professionals, couples, or university students.
Investment Potential and Rental Income
Investment Highlights:
Estimated Monthly Rental Income
HUF 500,000
Estimated Annual Rental Income
HUF 6,000,000
Annual Gross Rental Yield
6.75%
Independently Rentable Units
The gross rental yield is calculated based on the estimated rental income from full occupancy throughout the year. It does not account for taxes, vacancy periods, or operating expenses.
One of the key advantages of having two separately rentable residential units is the possibility of generating rental income from multiple sources.
If one apartment becomes temporarily vacant, the other can continue generating rental income.
Thanks to its practical layout, central location, and low maintenance costs, this property may be particularly attractive to investors looking beyond short-term speculation and seeking a long-term investment capable of generating regular rental income.
Don't just buy a property – build a portfolio that generates predictable rental income!
Contact me today to arrange a personal viewing and discover the investment potential of this two-apartment property!
Upon request, our mortgage specialist will provide a complimentary comparison of offers from all banks and help you find the most favorable financing solution for your needs.
Two rentable apartments, one property, and a potential monthly rental income of HUF 500,000!
Brochure:
https://kocka.homes/brochure/BK202609210372
The property is situated on the ground floor of a well-maintained residential building. Its unique feature is that both residential units have two full-height levels with standard ceiling heights. The upper floors are not simply mezzanines but comfortable, fully usable living spaces.
The property is divided into two independently usable residential units (40 sqm on title deed, 83 m2 in reality with two floors 220 cm internal height):
Apartment 1 – Living Room + 2 Bedrooms
The ground floor features a living room, complemented by two separate bedrooms on the upper floor. Heating is provided by a gas central heating system.
Apartment 2 – Living Room + 1 Bedroom
The second apartment also features a two-level layout, with a living room on the ground floor and a bedroom upstairs. Heating is provided by electric infrared heating panels.
Registered floor area: 40 m² | Actual usable floor area: 80 m²
The layout allows the two residential units to be used and rented independently, enabling the investor to generate rental income from two separate tenants.
Please note that the utility meters are not separately metered for the two units. Therefore, utility consumption and cost allocation must be arranged through a separate agreement with the tenants.
Low Maintenance Costs and Favorable Technical Features
The property's technical condition and low operating costs make it particularly attractive for long-term rental purposes.
New, modern windows and doors equipped with ventilation features.
Walls treated with a chemical injection damp-proofing system to protect against rising moisture.
Low utility costs, with a monthly common maintenance fee of just HUF 10,000, which also includes water consumption.
A well-maintained residential building in good condition, with financial reserves.
The favorable maintenance costs make the apartments more attractive to potential tenants while providing the owner with more predictable operating expenses.
Prime Central Location – Budapest, District VI
Szinyei Merse Pál Street is located in a central part of Budapest’s District VI, offering excellent infrastructure and convenient access to the city.
Nyugati Railway Station, Andrássy Avenue, Oktogon Square, and the Westend Shopping Centre are all within easy reach.
Metro lines M1 and M3, tram lines 4 and 6, and numerous bus routes provide convenient connections to different parts of Budapest.
The surrounding area offers a wide selection of shops, restaurants, cafés, healthcare facilities, universities, and employment opportunities.
The central location, excellent transport connections, and two separate residential units make this property suitable for providing long-term accommodation for young professionals, couples, or university students.
Investment Potential and Rental Income
Investment Highlights:
Estimated Monthly Rental Income
HUF 500,000
Estimated Annual Rental Income
HUF 6,000,000
Annual Gross Rental Yield
6.75%
Independently Rentable Units
The gross rental yield is calculated based on the estimated rental income from full occupancy throughout the year. It does not account for taxes, vacancy periods, or operating expenses.
One of the key advantages of having two separately rentable residential units is the possibility of generating rental income from multiple sources.
If one apartment becomes temporarily vacant, the other can continue generating rental income.
Thanks to its practical layout, central location, and low maintenance costs, this property may be particularly attractive to investors looking beyond short-term speculation and seeking a long-term investment capable of generating regular rental income.
Don't just buy a property – build a portfolio that generates predictable rental income!
Contact me today to arrange a personal viewing and discover the investment potential of this two-apartment property!
Upon request, our mortgage specialist will provide a complimentary comparison of offers from all banks and help you find the most favorable financing solution for your needs.
Registration Number
H524453
Property Details
Sales
for sale
Legal Status
used
Character
apartment
Construction Method
brick
Net Size
82 m²
Gross Size
82 m²
Heating
Gas circulator
Ceiling Height
220 cm
Number of Levels Within the Property
1
Orientation
South-East
Staircase Type
suspended corridor
Condition
Good
Condition of Facade
Good
Condition of Staircase
Good
Basement
Shared
Neighborhood
good transport, central
Year of Construction
1890
Number of Bathrooms
2
Position
courtyard-facing
Common Costs
10000
Water
Available
Gas
Available
Electricity
Available
Sewer
Available
Rooms
open-plan living and dining room
13.9 m²
room
15.9 m²
bathroom-toilet
2.9 m²
entryway
2.6 m²
open-plan living and dining room
20.6 m²
room
10.2 m²
room
9.7 m²
bathroom-toilet
2.8 m²