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Exclusively in the Turbo 360 portfolio!
For sale: A 116 sqm (approx. 1,250 sq. ft.) basement/garden-level property in the heart of Zugló (Budapest, 14th District), located in the immediate vicinity of universities. The property is just 5 minutes from the Pillangó Street Metro station and various new-build residential projects.
CENTRAL LOCATION, EXCELLENT INFRASTRUCTURE AND TRANSPORTATION!
It is situated between the Árkád/Sugár and Aréna shopping malls. Furthermore, a Tesco supermarket, post office, bank, and pharmacy are all within 200 meters.
A HUGE ADDITIONAL ADVANTAGE: The official rezoning of the basement into an office space is currently in progress, and the electrical network has already been fully renovated. This represents an excellent starting point, especially for investors, for the reimagining or execution of a new project.
A WIDE RANGE OF POSSIBILITIES awaits the new owner!
Including, but not limited to: office, apartment, service provider hub, warehouse, staff hostel, etc.
Even within Zugló, this specific neighborhood commands the highest prices per square meter! The EXCELLENT TRANSPORTATION AND PROXIMITY TO NEW-BUILD PROJECTS hold countless opportunities.
Currently, an application for one parking space is in progress, but there is an option to purchase/redeem up to four parking spaces.
PROPERTY DETAILS:
Regarding the entire building (a courtyard-style residential building with a pitched roof and firewall): the property is fully connected to all public utilities (gas, water, and sewage) with private meters. The building is a brick structure with approx. 80 cm (31.5 in) load-bearing main walls, a full basement, and both street-front and rear-courtyard facades. It has been under private management since 2005; the current principal has held 1/1 sole ownership since 2019.
The property is LOCATED ON THE BASEMENT LEVEL of the condominium, featuring windows overlooking the inner courtyard. Consequently, it is EXTREMELY QUIET. The ENTRANCE opens from the inner courtyard of the building. The floor level of the property is approximately 1.60 meters below ground level. The OFFICE SPACE is located on the street side, complete with a service bathroom and kitchenette. In the rear section of the unit, an archive/storage room, an additional kitchen, and bathroom facilities open from a longitudinal main corridor. The original entrance to the property opened from the rear staircase, which is currently not in use.
Basement STRUCTURE: 80 cm solid brick walls. The CEILING is the concrete slab of the building. The FLOORING consists of ceramic tiles or PVC flooring laid on a concrete base, depending on the function of the room. WINDOWS HAVE BEEN REPLACED with heat-insulated PVC basement windows. ENTRANCE: Multi-point locking security door. PARTITION WALLS: 10-15 cm aerated concrete and drywall structures. CEILING HEIGHT: 2.60 m. The property is FULLY EQUIPPED WITH UTILITIES (electricity, gas, water, and sewage) and private meters. The ELECTRICAL CONNECTION IS NEWLY INSTALLED, featuring 3 x 16A phases. HEATING: Operated by electric heating panels. The kitchen, washbasin, shower, and toilet are all functional.
The property’s characteristics are SUITABLE FOR THE MODIFIED OFFICE FUNCTION. The planned office space receives NATURAL LIGHT through the kitchenette. VENTILATION for the toilets is provided via fan-assisted exhaust to the inner courtyard. The property IS NOT DAMP, and no mold is visible.
Current Income-Generating Activity: Registered office services (virtual office) for companies, which can be continued by the new owner upon request. All documentation titled "Change of Function of Existing Property (Professional Consultation)" and records verifying the completion of the rezoning are available.
INFRASTRUCTURE:
The 14th District is one of Budapest’s MOST DYNAMICALLY DEVELOPING areas. Parallel to these developments, the district's infrastructure is constantly improving: new roads, renovated kindergartens and schools, utility upgrades, and modernized sports facilities—all of which are crucial factors when purchasing real estate. Within a few hundred meters, EVERYTHING is accessible: Árkád and Aréna malls, doctors, pharmacies, post offices, banks, and entertainment options such as cinemas, cafes, and restaurants. Additionally, several sports fields and fitness gyms provide recreation. Not to mention the nearby CITY PARK (Városliget), a treasure trove for high-quality leisure time. From the House of Hungarian Music and its outstanding artistic productions to outdoor family events, the choices are limitless. Furthermore, the City Park Ice Rink/Boating Lake, the Széchenyi Thermal Bath, the Zoo, and the museums at Heroes' Square await those looking to relax.
IF THIS HAS PIQUED YOUR INTEREST, I AWAIT YOUR CALL OR MESSAGE!
Feel free to contact me even on weekends!

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