MAIN FEATURES:
FOR SALE: A 153 m2 APARTMENT IN THE HEART OF THE CITY CENTER, LOCATED ON THE FIRST FLOOR OF A 3-STOREY ROMANTIC-STYLE APARTMENT BUILDING.

This property is recommended for investors, those seeking a property with tasteful design potential, lovers of downtown atmosphere or social life, suitable for a law office, medical practice, or as a great option for long-term rental.

BUILDING:
Located in Budapest’s 5th district, on Október 6 Street, this property sits on the first floor of a romantic-style apartment building. There is a unencumbered units available, which can be purchased.

Just steps from Hild Square, the Kappel-Földváry three-storey rental building was originally constructed as a passageway between Sas Street and Október 6 Street. The original upper floors were built by Mihály Pollack in 1820, then extended to three floors by József Hild in 1845. At the building’s third courtyard staircase, there is a classicist-style fountain adorned with a male mask gargoyle, once famous for its high-quality water.

The entire building complex is under general heritage protection!

The building is continuously maintained and renovated with care. Shared gas and electrical wiring, including individual meters for the apartments, have already been replaced, and the costly roof renovation has also been completed. The common drainage pipes are in good condition. The next planned maintenance involves painting the interior stairwell and hallways, with a contractor already selected.

From the shared first-floor corridor, where the two apartments are located, a 16 m² shared romantic balcony opens onto the quiet, well-kept inner courtyard.

APARTMENT:
With a floor area of 153 m2 (165 m2 according to the property register), this apartment offers a unique floor plan full of fantastic potential. Time has stood still here, preserving the impressive, still-functioning traditional tiled stove, protecting it from demolition and decay, while awaiting a new owner with the creativity to give this home a fresh new look, visible only to the discerning eye.

The property was continuously occupied by the previous owner, representing an older era, since 1952, but has unfortunately been vacant for several years. Included is a storage room accessible directly from the kitchen.

The ceiling height is 4.30 m. The living room features a 3.8 m high loggia window facing Október 6 Street, creating a cozy reading or relaxation nook embraced by the windows.

Rooms awaiting full renovation include: a large entrance hall, a separate toilet, 2 bathrooms, a windowed kitchen, a spacious living room, a hall, 2 bedrooms, and a pantry.

The dignified, still-operational tiled stove in the living room corner is protected.

Electricity, gas, and water are billed based on individual meters. The apartment has one daytime and one nighttime electric meter. Currently, heating is provided by gas convectors, and hot water by a water heater boiler.

Price: 189 million HUF

Common costs: 57,750 HUF/month

PUBLIC TRANSPORT:
Excellent public transport options: buses 16, 105, 178 at Hild Square, and metro lines 1, 2, and 3 are a 5-minute walk away at Deák Square.

INFRASTRUCTURE:
Thanks to its central location, all downtown attractions are within walking distance, including the Danube promenade, St. Stephen’s Basilica, Elisabeth Park, Madame Tussauds Budapest, Vigadó Square, Gerbeaud Café, Budapest Retro Experience Center, Kempinski Hotel Corvinus Budapest, Ötkert Club, Andrássy Avenue, Hungarian State Opera House, Dohány Street Synagogue, restaurants, cafés, patisseries, charming shops, hotels, and theaters.

HOW TO VIEW THE PROPERTY?
- Contact me by message or phone if you have questions about the property,
- We will arrange a viewing appointment,
- Please note that immediate or same-day viewings are generally not possible,
- The appointment must be confirmed by SMS or phone within 24 hours before the viewing.
- The appointment will be cancelled if not confirmed at least 1 hour before, or if I cannot be reached by phone.

VIEWING INFORMATION:
- You can thoroughly inspect the property and its surroundings during the viewing,
- I will provide the property data sheet, including all important details and the floor plan,
- Your questions will be answered; for special inquiries, I will gather information and follow up by email if needed.
- Viewing time is generally 30 minutes but may vary depending on the property type and size.
- Please be punctual, as delays may shorten the viewing time,
- If delayed without notice, I will wait 15 minutes; if informed, we will find a solution for a repeat viewing.
- You will be asked to complete and sign a viewing form containing personal data,
- For some properties, wearing shoe covers is mandatory and will be provided.
- If more people are attending the viewing, please inform me in advance.
- Note that not all properties allow viewings with small children or pets; please notify me in advance if needed. Thank you.

Data is based solely on information provided by our clients. Price changes, data modifications, and prior sales are reserved.

I gladly cooperate with real estate agencies – colleagues are welcome to contact me!

If this property has caught your interest, feel free to reach out to me with confidence. I have thoroughly reviewed the property before listing and am prepared to answer your questions. I am available weekdays from 9 am to 6 pm and weekends from 10 am to 4 pm.

If I do not answer your call, I will return it within an hour. I am flexible and ready to assist with any questions or requests regarding the property.

Gábor Yvette
Ethical Realtor / Real Estate Specialist / Verified Partner
EI-85/2019

Read more