Budapest IX. kerület, Ipar utca 15-21. For sale brick apartment

**INVESTMENT OPPORTUNITY IN BUDAPEST DISTRICT IX – 3 APARTMENTS IN ONE PROJECT**

**Budapest, District IX, Ipar utca 15–21**
**Total: 116 m² | 3 separate apartments | Fully renovated**

**Real estate agents, please do not contact us.**

An excellent investment opportunity in a sought-after area of Budapest’s 9th District, approximately **200 metres from the Danube**.

The 116 m² property is currently undergoing a complete renovation and conversion into **three separate, modern apartments**:

• **34.82 m²** – Apartment 1 (separate electricity meter, water meter and entrance)
• **44.73 m²** – Apartment 2 (separate electricity meter, water meter and entrance)
• **31.61 m²** – Apartment 3 (separate electricity meter, water meter and entrance)

The three apartments can be purchased **together as one investment package or individually**.

### STRONG RENTAL POTENTIAL

There is significant demand for rental properties in the area, particularly among **Erasmus and international students, foreign professionals and young professionals**.

Based on our experience with nearby buildings, a substantial proportion of apartments – in some cases **50–60%** – are used as rental properties, with high occupancy levels.

Three separate apartments can provide **three parallel rental income streams**, while also helping to diversify investment risk.

Depending on rental rates and occupancy, the project may offer an **estimated annual rental yield of approximately 6–8%**.

The apartments are suitable for **long- and medium-term rentals**, including Erasmus students, and – subject to current legislation and condominium regulations – potentially for short-term rental purposes as well.

### EXCELLENT LOCATION

**Ipar utca 15–21, District IX**, close to Mester utca.

Excellent public transport connections and quick access to Budapest city centre, universities and major transport hubs.

The location is particularly attractive for investors looking for property supported by **strong and stable rental demand**.

The wide Ipar utca also offers favourable parking conditions.

### FULL RENOVATION

The apartments are being completed in a **modern, bright and consistent style** and will be delivered turnkey.

Each apartment will include:

• new kitchen;
• built-in hob and oven;
• modern bathroom with all necessary fittings and connections;
• new flooring and interior finishes.

**Full furnishing is available by separate agreement**, allowing the apartments to be delivered completely ready for rental.

The condominium building itself has been renovated and features a **well-maintained inner courtyard and modern elevator**.

### INVESTMENT PRICE

**During the renovation stage:**
**HUF 1,425,000/m² – HUF 165,300,000 total**

**Turnkey condition:**
**HUF 1,500,000/m² – HUF 174,000,000 total**

**Expected completion: approximately 1 month.**

The apartments can also be **purchased individually**.

The property **may be eligible for Hungary’s 3% housing loan programme**, provided that both the buyer and the individual apartment meet the applicable programme requirements.

### 1 INVESTMENT • 3 APARTMENTS • 3 INCOME STREAMS

An ideal opportunity for investors looking for a **newly renovated residential property portfolio close to central Budapest with strong rental potential**.

**Floor plans, individual apartment prices, additional photos, technical specifications and private viewings are available via private message until 8:00 PM.**