Budapest VII. kerület, István utca For sale brick apartment

Located in the Ligetváros area of District VII—on the popular István Street and within walking distance of City Park (Városliget)—is a property for sale that is officially registered as an apartment but offers a split-level layout and nearly 52 sqm of actual living space (despite a registered area of 26 sqm). Featuring a ceiling height of 5.26 meters and a street-facing position, the property is suitable for various purposes, including business use.

The property—an iconic Art Nouveau apartment building under local heritage protection—is part of the complex known as Hernád-udvar; it was constructed between 1913 and 1916 based on the designs of Géza Ziegler, who was also its one-time owner. Exquisite mosaic decorations in the stairwell and on the façade preserve the craftsmanship of the era's artisans, while the inner courtyard and the entranceway feature rich ornamentation.

APARTMENT:
Currently, the lower level features a 21 sqm living room, a bathroom with a shower, and a windowless room set up as a kitchenette; the upper level comprises a room, a hallway, and a space serving as either a walk-in closet or a sleeping nook. Heating is provided by two electric panels; heating costs are low, with the electricity bill averaging around 14,000 HUF per month. The common charge is 8,880 HUF, including the water fee. The constructed mezzanine level rests on a sturdy, wall-anchored frame; it is durable and was professionally built.

The initial phase of the renovation 25 years ago involved stripping the plaster down to the brickwork and replacing the electrical wiring; however, an aesthetic update may now be necessary due to changing needs—at a minimum, painting (wallpaper is currently present) and the replacement or addition of floor and wall tiles. The property previously featured a central heating system with radiators (which are still visible in the photos and have been retained); although the chimney was lined 20 years ago, current regulations only permit sealed-combustion systems. Consequently, the old gas boiler was removed and the gas supply suspended, though a new gas meter is in place should a future owner wish to reinstate gas heating. However, given the low maintenance costs, doing so is not considered necessary. Hot water is provided by a boiler.

If you are looking for your first home or an investment property to rent out—and want a place with very low maintenance costs that is within walking distance of all amenities—this property is an ideal choice. It is just 6–8 minutes from City Park (Városliget) and major landmarks, and offers excellent access to Keleti Railway Station (along with its associated bus lines), the M2 and M4 metro lines, and numerous trolleybus routes. With a modest investment, you can transform it into a charming, sought-after, loft-style home. The area is home to numerous universities and educational institutions, many of which are easily accessible by metro, making it an attractive option for foreign students looking for accommodation.