360,000,000 Ft
924,000 €
- 144m²
- 3 Rooms
- 1st floor
Andrássy Avenue – a stable point in the portfolio
The property is located on Andrássy Avenue, the most famous street in Budapest. This area is one of the most sought-after urban locations in Budapest, making it an ideal environment for premium real estate portfolios—offering high prestige for both residential and commercial purposes. **Property Features – Classic Urban Elegance** This 144 m² apartment with a balcony and 5 rooms is situated in a classic, beautifully maintained historic bourgeois building. The property has excellent attributes: - Spacious interiors, high ceilings (4m +), large windows - Can be easily adapted according to needs: can be transformed into 2 apartments, a luxury rental, an office, or a showroom - Street panorama, stunning city views from the balcony **Why is it Ideal for Investors?** - Top location in the heart of the capital, with continuous demand from tenants and buyers. - A large, representative apartment that can be converted for various yield-generating functions. It is rare to find living areas over 140 m² in the existing downtown portfolio. **Utilization Options** 1. Luxury rental: There is constant demand for high-end rentals in the area. 2. Premium office or gallery, highly rentable to businesspeople, diplomats, and artists. It features a representative entrance and address, making it ideal for a law office, design studio, or downtown consulting center. 3. Long-term value growth strategy: The prices of properties on Andrássy Avenue show a consistently rising trend. **Location – The Heart of the City** Andrássy Avenue is not only one of the most renowned and prestigious boulevards in Budapest but also in Central Europe, and it is part of the UNESCO World Heritage. The property is just a few steps away from the Opera House, Oktogon, and the Basilica—this district serves as the cultural, business, and tourism axis of the city. The area is a continuously growing elite commercial and diplomatic center, home to exclusive apartments, offices, hotels, and boutique shops. The infrastructure of the immediate surroundings is excellent, with the metro and various public transport options just a few minutes' walk away.
Registration Number
H501917
Property Details
Sales
for sale
Legal Status
used
Character
apartment
Construction Method
brick
Net Size
144 m²
Gross Size
148 m²
Size of Terrace / Balcony
3.5 m²
Heating
central heating
Ceiling Height
420 cm
Orientation
South-West
Staircase Type
circular corridor
Condition
To be renovated
Condition of Facade
Good
Condition of Staircase
Good
Neighborhood
good transport, central
Year of Construction
1951
Number of Bathrooms
2
Position
street-facing
Water
Available
Gas
Available
Electricity
Available
Sewer
Available
Elevator
available
Rooms
bedroom
23.33 m²
bedroom
20 m²
bedroom
20 m²
bedroom
15 m²
bedroom
15 m²
balcony
3.51 m²
entryway
10.38 m²
kitchen
8.34 m²
dining room
13.37 m²
bathroom
8.04 m²
pantry
4.2 m²
hall
6 m²
Berkes-Jakus Kinga
Credit Expert