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For sale apartment,
H523179
Budapest XII. kerület, Németvölgy
89,000,000 Ft
245,000 €
- 67m²
- 3 Rooms
- 1st floor
A 3-room renovatable apartment on the upper floor near MOM Park is for sale. The 2 bedrooms overlook the rear inner courtyard.
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 area, hall, and balcony, located on the 1st floor of a well-maintained, lift-free brick building. The apartment is habitable but requires complete renovation. The living room faces east with a view of Alkotás Street, while the two smaller bedrooms overlook the inner garden. In addition to the three rooms, there is a separate kitchen, bathroom, separate toilet, pantry, hall, and a 3 m² balcony. The advertisement also includes post-renovation AI visualizations 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 create a home within 250 meters of MOM Park or for those seeking a value-increasing 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 also highly rentable. Nearby is the Southern Railway Station, as well as several bus and tram lines, all accessible within a 3-minute walk. The condition of the apartment building and the staircase is good. The building has a closed staircase and a shared cellar, and the apartment also comes with a separate 2 m² and 1 m² storage space. The condominium has decided to renovate the roof, with costs projected at approximately 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 the apartment's 8/12 ownership share. If the buyer can also purchase the other owner's 4/12 ownership share, a traditional, market-based home loan can be applied for the entire apartment. The property is empty, key-ready, and can be viewed flexibly. The property is being sold under the Otthon Centrum Loyalty mandate agreement; please inquire by phone for details.
Registration Number
H523179
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
View
city view
Staircase Type
enclosed staircase
Condition
To be renovated
Condition of Facade
Average
Condition of Staircase
Average
Neighborhood
good transport, central
Year of Construction
1956
Number of Bathrooms
1
Position
courtyard-facing
Common Costs
26000
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
pantry
0.92 m²
bathroom
2.8 m²
toilet
0.92 m²
kitchen
6.6 m²
balcony
3 m²