Panoramic Boutique Apartment House for Sale on Széchenyi Hill – 4 Separate Apartments, Stable Yield, Premium Location

In one of the most sought-after areas of Budapest’s 12th district, on Széchenyi Hill, we are offering for sale a fully renovated panoramic building consisting of 4 separate apartments.

The property has a total usable floor area of 296 sqm and features a private front garden, direct garden access, and secure courtyard parking.

The 4-level building contains 1 independent apartment on each floor, all of which can be operated separately, making the property an excellent choice for:

- investment purposes
- corporate housing operations
- short-term accommodation services (currently licensed with active NTAK registration)
- multi-generational family living

Immediate income-generating investment opportunity, as the property is currently operating successfully as an apartment house with stable rental income. The existing tenants intend to stay long-term, allowing the new owner to continue operations seamlessly after acquisition. Following payment of the purchase price, the new owner becomes immediately entitled to collect rental income without the need for renovations, vacancy periods, or tenant acquisition.

Under its current operation, the property generates approximately HUF 1.7 million monthly revenue, providing stable and immediate cash flow for the new owner.

The building underwent a complete renovation in 2021, including all mechanical systems, electrical wiring, energy-efficiency upgrades, and structural refurbishment, therefore requiring no further investment at present. All apartments are fully furnished and equipped; furnishings and appliances may be included in the sale subject to agreement.

Main Features of the Apartments

Top Floor Apartment – 69.41 sqm (gross: 76 sqm)

- breathtaking city panorama
- characterful exposed wooden roof structure
- high ceilings
- 3 bedrooms
- boutique-style atmosphere

Second Floor Apartment – 76.26 sqm

- city panorama
- 3 bedrooms
- premium-quality furnishings
- bright and spacious interiors

First Floor Apartment – 71.64 sqm

- private garden connection
- separate city-view balcony
- 2 bedrooms
- large living and dining area

Ground Floor Apartment – 78.90 sqm

- step-free access
- direct garden connection
- 2 bedrooms
- comfortable layout

Excellent Technical Specifications

- brick construction
- reinforced concrete slab structure
- high-pitched roof
- 15 cm external thermal insulation
- double- and triple-glazed plastic windows
- 2 independent gas boilers
- Ariston hot water storage systems
- modern LED lighting throughout
- WiFi-based security camera system
- electric vehicle gate

The entire building is registered under one cadastral number; however, water, gas, heating, and electricity consumption are individually metered for each apartment. A lawyer-certified usage division agreement is available for the apartments.

The courtyard comfortably accommodates parking for 5–6 vehicles.

Excellent Location. Normafa, the Cogwheel Railway, the Children’s Railway, and the Széchenyi Hill lookout are all within a few minutes’ walk. The area is exceptionally quiet and green, while still offering excellent infrastructure.

The city center is easily accessible via Bus lines 21 / 21A / 212, Cogwheel Railway, Night bus services

The property is company-owned, therefore acquisition of the company holding the property is also possible.

Property exchange or trade-in may also be considered, particularly for downtown Budapest apartments or directly waterfront Balaton properties.

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