Investment Opportunity in the Immediate Vicinity of Nyugati Square: Two Separate Units, Available for Immediate Possession
Offered for sale in Budapest's District V, in the immediate vicinity of Nyugati Square (near Markó Street), is a 93 m² ground-floor property currently divided into two separate units with individual entrances.
The property is available for immediate possession, allowing for a swift start to the development or leasing process. With its 4.3-meter ceiling height and two-unit layout, it serves as an excellent foundation for premium long-term leasing (whether for residential or office use). The location is prime: Nyugati Railway Station, the Westend Shopping Center, and the M3 metro line are all within a 1-2 minute walk.
BUILDING HISTORY AND PRESTIGE:
The property is located on the ground floor of a 19th-century, historicist-style grand bourgeois building. The property is situated within a UNESCO World Heritage site area, which serves as the highest guarantee for long-term value retention and the preservation of the exclusive, historic character of the neighborhood. The building is mixed-use, housing both residential apartments and modern office spaces.
LAYOUT AND DEVELOPMENT POTENTIAL:
The 4.3-meter ceiling height offers significant potential for architectural optimization:
•Current State: Two separate, independent units (approx. 40 m² and 53 m²) featuring existing, limited-area mezzanine galleries.
•Development Potential: By extending the existing galleries across the entire floor area, the units can be converted into spacious internal duplexes. This development strategy drastically increases the usable living space, providing a unique market advantage and higher rental yields.
TECHNICAL CONDITION AND INVESTMENT HIGHLIGHTS:
The property currently requires full technical and aesthetic modernization.
•Systems: Heating and hot water are currently supplied by a common gas boiler; the installation of individual sub-meters (electricity, water, gas) for both units is the responsibility of the new owner.
•Structural Work: Certain sections of the walls (specifically near the entrance and windows) require damp-proofing and remediation works.
•Pricing Strategy: The asking price has been determined with consideration for the necessary renovation works mentioned above. This is a genuine "project property," ideal for value creation.
WHY INVEST?
•Value Retention: Located in a World Heritage site area, the prime location ensures long-term capital appreciation.
•Yield Maximization: The potential for a full-area internal duplex layout makes the property highly attractive to the premium rental market.
•Privacy: The courtyard-facing orientation provides the necessary quiet and tranquility in the heart of the city center.

The property is unencumbered (free of liens) and has a single owner; it is available for quick possession. It can be viewed by prior appointment.