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For sale apartment,
H521353
Budapest XII. kerület, Németvölgy
62,900,000 Ft
175,000 €
- 67m²
- 3 Rooms
- 1st floor
A 3-room renovatable apartment on the upper floor near MOM Park, with an ownership share of 8/12, is for sale.
For sale in Budapest's XII district, in Németvölgy, on Alkotás Street, is a 67 m² apartment with a living room + 2 smaller bedrooms, dining hall, and balcony, located on the first floor of a well-maintained, lift-free brick building. The advertised purchase price refers not to the entire property but to an 8/12 ownership share of the apartment. The apartment is livable but requires complete renovation. The living room is oriented to the east with a street view of Alkotás Street, while the two smaller bedrooms overlook the inner garden. In addition to the three rooms, the apartment also includes a separate kitchen, bathroom, separate toilet, pantry, hall, and a 3 m² balcony. The advertisement includes post-renovation AI-rendered plans starting from January 20, showcasing several possible variations of how the property could look according to the new owner's vision. This apartment is an excellent opportunity for those looking to establish a home within 250 meters of MOM Park or seeking a value-enhancing investment in one of Buda's most sought-after locations, which remains stable in value over the long term. Since the property is located opposite the University of Physical Education, it is highly rentable. Nearby are the Southern Railway Station and numerous bus and tram lines, all accessible within a 3-minute walk. The condition of the building and the staircase is good. The building has a closed staircase and a shared basement, and the apartment also comes with a separate 2 m² and a 1 m² storage unit. The condominium has decided to renovate the roof, with costs projected at around 2 million HUF for this ownership share. The condominium will take out a loan for the renovation, which the owners will repay in monthly installments. The advertised purchase price refers not to the entire property but to an 8/12 ownership share of the apartment. If the buyer can also purchase the other co-owner's 4/12 ownership share, a traditional market-based mortgage can be applied for the entire apartment. The property is key-ready and can be viewed flexibly. The property is being sold under the Otthon Centrum Loyalty agency agreement; for more details, please inquire by phone.
Registration Number
H521353
Property Details
Sales
for sale
Legal Status
used
Character
apartment
Construction Method
brick
Net Size
67 m²
Gross Size
70 m²
Size of Terrace / Balcony
3 m²
Heating
gas convector
Ceiling Height
275 cm
Orientation
South-East
Staircase Type
enclosed staircase
Condition
To be renovated
Condition of Facade
Average
Condition of Staircase
Average
Year of Construction
1956
Number of Bathrooms
1
Position
courtyard-facing
Common Costs
26800
Water
Available
Gas
Available
Electricity
Available
Sewer
Available
Rooms
living room
19.4 m²
entryway
6.7 m²
room
10.9 m²
room
6.2 m²
hall
10.6 m²
bathroom
2.8 m²
toilet
0.92 m²
pantry
0.92 m²
kitchen
6.6 m²
balcony
3 m²
Gerber Dorottya
Credit Expert