For Sale by Owner–31 m² Apartment with Exceptional Investment Potential, Directly Opposite BME.

A 31 m² (334 sq ft), unencumbered apartment in need of renovation is available for sale in one of Budapest's most sought-after neighborhoods. Located at Szent Gellért Square in District XI, the property sits directly across from the main entrance of the Budapest University of Technology and Economics (BME).

This apartment is an excellent opportunity to create a custom home or acquire a high-potential investment property in an unbeatable location. The apartment currently has no installed heating system, allowing the new owner to choose and install the heating solution that best suits their needs.

// Recent Improvements
– Complete replacement of the electrical wiring and plumbing approximately 18 years ago
– Instant (tankless) hot water system
– Premium German windows installed six months ago, providing excellent thermal insulation and soundproofing

The apartment faces the building's interior courtyard, offering a peaceful and quiet living environment despite its central downtown location.

// Well-Maintained Historic Building
The apartment is located in an elegant residential building dating back to 1911. Over the past decade, the building has undergone extensive renovations both inside and out, and is in excellent technical and aesthetic condition, providing a well-maintained and attractive living environment.

// Prime Location
One of this property's greatest assets is its exceptional location:
– Directly next to BME, with several faculties of Eötvös Loránd University (ELTE) and buildings of Semmelweis University also within easy walking distance
– Just minutes from Bartók Boulevard, Móricz Zsigmond Square, Szent Gellért Square, the Great Market Hall, Bálna Budapest, Allee Shopping Center, and the Danube riverfront
– Surrounded by restaurants, cafés, grocery stores, pharmacies, and a wide range of everyday amenities

// Excellent Public Transportation
The area offers some of the best transit connections in Budapest:
– Metro Line M4 (Szent Gellért Square and Móricz Zsigmond Square stations)
– Tram lines 19, 41, 47, and 49
– Multiple bus routes, including 7, 107, and 133E
– Fast access to downtown, Kelenföld, and Budapest's major university campuses

// Monthly Costs
– Condominium/common charges: HUF 9,908/month
– Individually metered water, electricity, and gas
– Average monthly utilities: approximately HUF 17,500 (water, electricity, and gas combined), with seasonal variation—higher in winter, lower in summer

Thanks to its outstanding location, this property is an ideal choice for students, young professionals, first-time buyers, or investors seeking either long-term or short-term rental opportunities.

Asking Price: HUF 54,790,000
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No real estate agent assistance required.