For sale brick apartment
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Condition of the real estate
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not provided |
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Year of construction
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before 1950 |
|
Conveniences
|
not provided |
|
Floor
|
1 |
|
Building levels
|
3 |
|
Lift
|
yes |
|
Interior height
|
not provided |
|
Air conditioner
|
not provided |
|
Accessibility
|
not provided |
|
Bathroom and toilet
|
not provided |
|
Orientation
|
not provided |
|
View
|
not provided |
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Balcony size
|
4 m2 |
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Garden connection
|
not provided |
|
Attic
|
not attic |
|
Parking
|
not provided |
|
Condition of the real estate
|
not provided |
|
Year of construction
|
before 1950 |
|
Conveniences
|
not provided |
|
Floor
|
1 |
|
Building levels
|
3 |
|
Lift
|
yes |
|
Interior height
|
not provided |
|
Air conditioner
|
not provided |
|
Accessibility
|
not provided |
|
Bathroom and toilet
|
not provided |
|
Orientation
|
not provided |
|
View
|
not provided |
|
Balcony size
|
4 m2 |
|
Garden connection
|
not provided |
|
Attic
|
not attic |
|
Parking
|
not provided |
Sustainability
|
Average gas consumption
|
not provided |
|
Average electric consumption
|
not provided |
|
Overhead
|
not provided |
|
Common charges
|
not provided |
|
Heating
|
not provided |
|
Insulation
|
not provided |
|
Energy performance certificate
|
not provided |
|
Average gas consumption
|
not provided |
|
Average electric consumption
|
not provided |
|
Overhead
|
not provided |
|
Common charges
|
not provided |
|
Heating
|
not provided |
|
Insulation
|
not provided |
|
Energy performance certificate
|
not provided |
Description
We are offering for sale a 103 m² first-floor apartment with a street-facing balcony overlooking Ferenciek tere, located in the recently fully renovated Art Nouveau palace, the Király Bazaar. The property is in need of renovation and is encumbered with usufructuary rights, which makes it available at a significantly reduced price compared to the market value. This apartment is an excellent opportunity for buyers seeking a long-term investment and wishing to acquire a classic-layout, panoramic downtown grand apartment at a favorable price in one of the city's most beautiful buildings.
ABOUT THE BUILDING
The apartment is located in an Art Nouveau-style palace that has recently undergone a comprehensive renovation. The façade has been restored, and the gas pipelines have been completely replaced, providing the building with modern technical foundations. The ground floor houses the Kamra Theatre and the iconic Ibolya Café, both integral parts of the city's cultural life.
TRANSPORTATION AND PARKING
The apartment boasts an outstanding location in terms of transportation:
Metro lines: M3, M2
Trams: 2, 2B, 23, 47, 49
Buses: 5, 7, 8E, 15, 107, 108E, 110, 112, 133E, 907, 908A, 956, 973
Residents of District V are entitled to free street parking. Additionally, several underground parking garages are within walking distance.
INVESTMENT POTENTIAL
Favorable price: Due to the usufructuary rights, the property is priced significantly below market value – starting price: 130 M HUF.
Renovation opportunity: The apartment’s original layout and high ceilings allow for the creation of galleries or modern interior designs.
Prime location: Situated in one of the most exclusive areas of downtown Budapest, close to everything – shops, restaurants, transport hubs, the Danube promenade, and Március 15. tér are all within a few minutes' walk.
Average prices for similar listings in the area
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