Budapest XVI. kerület, Rákosi út For sale family house
Floorspace 300 m2
Plot area 1866 m2
Number of rooms 6 + 3 small room
ID: 35319386
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For sale family house
Condition of the real estate
in medium condition
Year of construction
before 1950
Conveniences
double-conveniences
Building levels
2
Air conditioner
no
Accessibility
no
Bathroom and toilet
separately and together
View
garden view
Attic
inbuilt
Cellar
yes
Parking
courtyard parking - included in the price
Condition of the real estate
in medium condition
Year of construction
before 1950
Conveniences
double-conveniences
Building levels
2
Air conditioner
no
Accessibility
no
Bathroom and toilet
separately and together
View
garden view
Attic
inbuilt
Cellar
yes
Parking
courtyard parking - included in the price
Sustainability
Average gas consumption
not provided
Average electric consumption
not provided
Overhead
60 000 HUF/month
Common charges
1 HUF/month
Heating
gas furnace
Solar panel
no
Insulation
no
Energy performance certificate
not provided
Average gas consumption
not provided
Average electric consumption
not provided
Overhead
60 000 HUF/month
Common charges
1 HUF/month
Heating
gas furnace
Solar panel
no
Insulation
no
Energy performance certificate
not provided
Are you interested in consumption costs? Use the money.hu calculator!
Description

A piece of history in the heart of District XVI – a villa filled with real potential.

At the intersection of Batthyányi Road and Rákosi Road, on an impressive plot of nearly 2,000 sqm, stands a Secession-style villa built in 1903, once serving as the summer residence of the Hungarian attaché of the British Royal Family.

This is not just a “property.”
It is character. An era. An opportunity.

The ground floor, offering close to 300 sqm of space, features grand ceiling heights, flowing, interconnected rooms, and classic bourgeois proportions that reflect the elegance of a bygone time.
Upstairs, a partially built attic level with a private terrace offers further expansion potential.
Below, a full-scale basement level with near full ceiling height adds additional versatility.

The building is currently divided into two residential units, but its true value lies not in its current layout, but in what it can become.

This property can truly stand out in three distinct ways:

– As a home
for those who are not looking for a generic new-build, but for atmosphere, character, and space. For someone who can envision restoring this villa to its former glory.

– As an investment
The size, layout, and plot characteristics offer a rare level of flexibility for a well-conceived development, presenting significant potential especially for an experienced investor.
Although currently owned by a single family, the property is already legally divided into three units, allowing for an easy conversion into a multi-apartment residence.

– As a business location
an impressive setting for a medical practice, private clinic, educational center, office, or any client-facing activity where the environment itself becomes part of the experience.

Important: the building is structurally sound, livable (and currently occupied), but requires aesthetic and technical modernization.
And that is precisely what creates the opportunity—not just to own it, but to redefine it.

Opportunities like this rarely come to market.

For further information or to schedule a viewing, please feel free to get in touch.

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Map Budapest XVI. kerület, Rákosi út
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Average prices for similar listings in the area
This real estate 666,63 thousand HUF/m²
Rákosszentmihály 694,17 thousand HUF/m²
Budapest XVI. kerület 730,02 thousand HUF/m²
The average price was calculated based on the prices of 300-250000 between m², renovated, in medium condition, needs renovation, in good condition, incomplete, unknown condition houses.
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