For sale apartment, H508617
Budapest VIII. kerület, Palotanegyed

97,900,000 Ft

251,000 €

  • 54m²
  • 2 Rooms
  • 5th floor
Exclusive Contract

Historical atmosphere, modern comfort – home in the heart of Palotanegyed.

BUILDING & APARTMENT -
Built in 2005, this iconic passage building — recipient of the Budapest Architectural Award of Excellence — is one of the defining landmarks of the Palace District. The condominium is well-maintained, regularly cared for, and home to a discerning community of residents. A unique feature of the building is the shared rooftop terrace, available exclusively to residents. The bright, welcoming apartment is located on the top floor and underwent a full aesthetic and technical renovation in 2022, offering its new owner a move-in-ready, modern home. Thanks to its southeast orientation and large windows, the interior is filled with pleasant natural light. Maintenance costs are favorable, as all utilities are individually metered. The common charge is HUF 18,000 per month, and heating is provided by a central system with radiators. The apartment is equipped with air conditioning — the newly installed heating/cooling unit further enhances comfort. The purchase price includes a private, lockable 3 m² storage room, while an underground garage parking space is optionally available for purchase.

LOCATION -
Located in the most sought-after part of District VIII, the Palace District combines a unique atmosphere and historical elegance, making it one of Budapest’s most distinguished neighborhoods. Once home to the grand palaces of the Hungarian aristocracy, today it seamlessly blends classical architectural beauty with a vibrant, modern urban lifestyle. One of the area’s most famous landmarks is the Hungarian National Museum, which houses the nation’s most important historical and cultural treasures. The Museum Garden is a true green oasis in the heart of the city — perfect for a peaceful walk or relaxation, just 7 minutes away on foot. The Metropolitan Ervin Szabó Library, one of the capital’s most beautiful public libraries, is also nearby.

Everyday amenities are easily accessible on foot: cafés, restaurants, shops, parks, and pharmacies are just a few meters away — Penny, Spar, and the 0–24 Manna convenience store within 3–5 minutes, ALDI and LIDL within 10 minutes’ walk. Thanks to its central location, the apartment is not only an ideal home but also an excellent investment opportunity, as several universities are nearby — including Semmelweis University, Pázmány Péter Catholic University, Andrássy University, and Károli Gáspár University — ensuring high rental demand and steady returns in this continuously developing neighborhood.

Public transportation is outstanding:
- Rákóczi Square – 3 minutes on foot (Tram lines 4–6, Metro line M4)
- Kálvin Square – 8 minutes on foot (Metro lines M3 and M4, Tram lines 47 and 49, Airport bus 100E)
- Bus lines: 7E, 108E, 110, 5
- Corvin Quarter and Corvin Plaza – 10 minutes on foot

Palota negyed offers exceptional infrastructure, a rich historical setting, and a lively, evolving urban environment — an ideal choice for those who wish to enjoy the full value of downtown living without compromise.

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We provide our buyer clients with complimentary, bank-independent loan advisory services to help them make the most advantageous financing decisions. Additionally, our optional supplementary services — such as legal assistance, energy certification, or electrical safety inspection — ensure comprehensive professional support throughout every step of the property transaction process.

Registration Number

H508617

Property Details

Sales
for sale
Legal Status
used
Character
apartment
Construction Method
brick
Net Size
54 m²
Gross Size
54 m²
Heating
central heating
Ceiling Height
280 cm
Orientation
South-East
View
city view
Staircase Type
suspended corridor
Condition
Excellent
Condition of Facade
Excellent
Condition of Staircase
Excellent
Neighborhood
quiet, good transport, central
Year of Construction
2005
Number of Bathrooms
1
Position
street-facing
Common Costs
17600
Garage
Separately purchasable
Water
Available
Electricity
Available
Sewer
Available
Elevator
available
Storage
Independent
Distance to Waterfront
more than 500 meters

Rooms

corridor
6.5 m²
open-plan kitchen and living room
27.1 m²
bedroom
17.3 m²
bathroom-toilet
3.4 m²
Ruczek János
Ruczek János

Credit Expert

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