data_sheet.details.realestate.section.main.otthonstart_flag.label
For sale apartment,
H520518
Budapest VIII. kerület, Magdolna negyed
49,900,000 Ft
137,000 €
- 53m²
- 1 Rooms
- ground floor
One-room, ground-floor apartment with nearly 4-metre-high ceilings, in need of renovation, for sale in the Magdolna Quarter
This FULLY RENOVATION-REQUIRED apartment, offering distinctive features and excellent potential, is looking for a new owner with vision and creativity in the regenerated part of Budapest’s District VIII.
! ! ! THE LISTING ALSO INCLUDES VISUALISATIONS AND PROPOSED RENOVATION PLANS ! ! !
LOCATION AND TRANSPORT:
- The property is located on Szigetvári Street in District VIII.
- Contrary to the area’s former reputation, the neighbourhood is quiet and offers excellent infrastructure.
- Public transport connections are convenient. Bus 9, for example, provides direct access from Kőbánya through several major city-centre transport hubs all the way to Óbuda.
- Several kindergartens, primary and secondary schools—including Fazekas Mihály Secondary School—and the Faculty of Information Technology of Pázmány Péter Catholic University are located within a 15-minute walk.
THE BUILDING:
- The apartment is situated in an average-condition, brick-built condominium constructed in 1885, comprising 32 apartments.
- Several improvements have been completed over the past five years, including repainting the street-facing façade, replastering and repainting the stairwell, and partially renovating the main wastewater pipes.
- The building’s electrical network is expected to be modernised within the next one to two years, and the condominium has already obtained a specific quotation for the work.
- The residential community is well maintained and respectful. Most of the apartments are owned by foreign private individuals.
ABOUT THE APARTMENT:
- The ground-floor apartment has a floor area of 53 m² and comprises one room with a sleeping alcove. It requires complete renovation.
- Its current layout includes a kitchen and dining area, a living room with a sleeping alcove, and a bathroom with a toilet.
- The apartment does not meet modern-day expectations in its present condition; a full renovation is required.
- The ceiling height is 3.8 metres, and the apartment has a north-eastern orientation.
- Heating is provided by a gas convector installed a few years ago, while hot water is supplied by an electric boiler.
- The windows have recently installed plastic frames.
- The common charges amount to HUF 11,900 per month, including the building’s renovation fund contribution.
- The energy performance certificate is currently being prepared. The listing will be updated as soon as it becomes available.
THE PROPERTY CAN BE VIEWED:
- in person;
- via a live online viewing by prior appointment.
WE ALSO ASSIST WITH FINANCING—INCLUDING FULL ONLINE ADMINISTRATION:
- Our independent mortgage centre compares offers from all banks and financial institutions completely free of charge.
- All you need to do is speak with one of our colleagues and select the most suitable long-term solution from the competing offers.
- Our specialists offer 20 years of professional experience, personalised and consumer-friendly mortgage solutions, family support loans, and comprehensive assistance with the CSOK Plus and Otthon Start programmes.
- Appointments outside normal business hours are also available upon request.
If you are looking for a well-located apartment with excellent potential, this property is certainly worth viewing in person.
! ! ! THE LISTING ALSO INCLUDES VISUALISATIONS AND PROPOSED RENOVATION PLANS ! ! !
! ! ! THE LISTING ALSO INCLUDES VISUALISATIONS AND PROPOSED RENOVATION PLANS ! ! !
LOCATION AND TRANSPORT:
- The property is located on Szigetvári Street in District VIII.
- Contrary to the area’s former reputation, the neighbourhood is quiet and offers excellent infrastructure.
- Public transport connections are convenient. Bus 9, for example, provides direct access from Kőbánya through several major city-centre transport hubs all the way to Óbuda.
- Several kindergartens, primary and secondary schools—including Fazekas Mihály Secondary School—and the Faculty of Information Technology of Pázmány Péter Catholic University are located within a 15-minute walk.
THE BUILDING:
- The apartment is situated in an average-condition, brick-built condominium constructed in 1885, comprising 32 apartments.
- Several improvements have been completed over the past five years, including repainting the street-facing façade, replastering and repainting the stairwell, and partially renovating the main wastewater pipes.
- The building’s electrical network is expected to be modernised within the next one to two years, and the condominium has already obtained a specific quotation for the work.
- The residential community is well maintained and respectful. Most of the apartments are owned by foreign private individuals.
ABOUT THE APARTMENT:
- The ground-floor apartment has a floor area of 53 m² and comprises one room with a sleeping alcove. It requires complete renovation.
- Its current layout includes a kitchen and dining area, a living room with a sleeping alcove, and a bathroom with a toilet.
- The apartment does not meet modern-day expectations in its present condition; a full renovation is required.
- The ceiling height is 3.8 metres, and the apartment has a north-eastern orientation.
- Heating is provided by a gas convector installed a few years ago, while hot water is supplied by an electric boiler.
- The windows have recently installed plastic frames.
- The common charges amount to HUF 11,900 per month, including the building’s renovation fund contribution.
- The energy performance certificate is currently being prepared. The listing will be updated as soon as it becomes available.
THE PROPERTY CAN BE VIEWED:
- in person;
- via a live online viewing by prior appointment.
WE ALSO ASSIST WITH FINANCING—INCLUDING FULL ONLINE ADMINISTRATION:
- Our independent mortgage centre compares offers from all banks and financial institutions completely free of charge.
- All you need to do is speak with one of our colleagues and select the most suitable long-term solution from the competing offers.
- Our specialists offer 20 years of professional experience, personalised and consumer-friendly mortgage solutions, family support loans, and comprehensive assistance with the CSOK Plus and Otthon Start programmes.
- Appointments outside normal business hours are also available upon request.
If you are looking for a well-located apartment with excellent potential, this property is certainly worth viewing in person.
! ! ! THE LISTING ALSO INCLUDES VISUALISATIONS AND PROPOSED RENOVATION PLANS ! ! !
Registration Number
H520518
Property Details
Sales
for sale
Legal Status
used
Character
apartment
Construction Method
brick
Net Size
53 m²
Gross Size
55.8 m²
Heating
gas convector
Ceiling Height
380 cm
Number of Levels Within the Property
1
Orientation
North-East
Staircase Type
suspended corridor
Condition
To be renovated
Condition of Facade
Average
Condition of Staircase
Average
Basement
Independent
Neighborhood
quiet, good transport, central
Year of Construction
1885
Number of Bathrooms
1
Position
street-facing
Common Costs
11900
Water
Available
Gas
Available
Electricity
Available
Sewer
Available
Rooms
living room
29.7 m²
bedroom
8.6 m²
open-plan kitchen and living room
13.7 m²
bathroom-toilet
3.9 m²