For sale commercial property, UZ019886
Budapest VI. kerület, Belső VI.

504,000,000 Ft

1,423,000 €

  • 190.9m²
  • 6th floor

INVESTMENT OPPORTUNITY IN THE AVENUE GARDENS ON ANDRÁSSY AVENUE – PROJECT COMPANY FOR SALE

We are offering for sale an operating project company comprising several properties that are already leased, located in Avenue Gardens, one of Budapest’s best-known and most sought-after premium residential developments on Andrássy Avenue. Avenue Gardens is an iconic residential complex on the World Heritage-listed Andrássy Avenue, featuring a 24-hour reception, security service, an interior garden, and high-quality management.

The transaction is primarily envisioned as a company acquisition, allowing the investor to acquire an operational structure, existing rental income, and immediate cash flow.

Assets owned by the project company:

3 leased apartments
3 parking spaces in the garage
2 storage units

Apartments:

Ground-floor, two-story apartment with a loft overlooking the inner courtyard and featuring a private terrace – 87.51 m²
Upper-floor, 2-bedroom apartment with a 9.8 m² terrace – 56.71 m²
Upper-floor, 2-bedroom apartment with a 3.68 m² terrace – 46.72 m²

The portfolio is currently leased, so the new owner can immediately benefit from the rental income. Under the current structure, an annual yield of approximately 3% can be achieved, which is complemented in the long term by the outstanding value retention of Andrássy út and Avenue Gardens, as well as the potential for value appreciation stemming from the premium location. Andrássy út is one of Budapest’s most prestigious locations and a World Heritage Site.

Project company purchase price: 504 million HUF

The properties and related assets may only be viewed at a pre-arranged time.

This is an ideal opportunity for investors seeking a premium residential property portfolio in Budapest that offers stable rental income and long-term appreciation potential.

Registration Number

UZ019886

Property Details

Sales
for sale
Legal Status
used
Character
commercial
Type of Business Property
part of building
Construction Method
brick
Net Size
190.9 m²
Size of Terrace / Balcony
13.4 m²
Above-Ground Net Size
190 m²
Ceiling Height
270 cm
Condition
Excellent
Condition of Facade
Excellent
Condition of Staircase
Excellent
Water
Available
Electricity
Available
Sewer
Available

 

Visibility
Easily visible from busy main road
Accessibility
Entrance from high foot traffic street
Utilization
rented out
Monthly Rental Fee
4000

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