Excellent investment opportunity in the VIII. district, next to II. János Pál pápa square (M4 metro)!

In Budapest's VIII. district, on Népszínház street, a partially renovated, 3rd-floor, 176 sqm, 7-room apartment is for sale. Within the renovation, the apartment underwent complete interior plastering, painting, kitchen parquet floor sanding and varnishing, kitchen cabinet painting, replacement of ceiling lights in some rooms, damaged window panes, and induction hob in the kitchen.
Current layout: entrance hall, corridor, 7 separate rooms, four of them with additional gallery space, open-plan kitchen with living room and dining area, 1 shower, 1 shower + toilet, 1 toilet.
The apartment is heated and provided with hot water by a gas boiler, and utility consumption is individually metered and payable.
The common cost is 53,520 HUF, covering waste disposal, maintenance of common areas, and a renovation fund.
The financial situation of the building is stable, with a comprehensive renovation starting soon, including technical and aesthetic improvements based on a resolution. A company will renovate the entire water, sewage, and electrical systems, both the external and internal facade, and install an elevator in exchange for the possibility of an additional floor extension, significantly increasing the market value of the apartments in the building.
The apartment offers various utilization options. It has been suitable for long-term rental, ideal for a large family or multi-generational living, can be converted into a medical or dental office, massage or beauty salon, or even divided into smaller units due to the two entrances, making it an excellent investment opportunity.
The neighborhood has excellent infrastructure, with II. János Pál pápa square recently renovated to include a family leisure park, running track, fitness trail, and a modern playground. Teleki Square market, Arena Plaza, numerous schools, kindergartens, banks, shopping options, and healthcare facilities are within easy reach.
With M2, M4 metro lines, tram 4-6, trams 28, 37, 62, and several bus lines (5, 7, 99, 110, 112), you can quickly and comfortably reach any part of the city.
The property is free of legal burdens, can be reserved with a 5% deposit. The purchase agreement can be signed after November 4, 2025, and the property can be occupied immediately afterward. All furniture and equipment are included in the sale!
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