Budapest VIII. kerület, Kálvária tér For sale brick apartment

QUIET, COURTYARD-FACING STUDIO APARTMENT AT KÁLVÁRIA SQUARE, DISTRICT VIII!

The apartment:
The windows of this ground-floor, 44-square-meter, currently one-room apartment face a quiet inner courtyard, meaning no street noise filters in. The floor plan is highly adaptable: two rooms can be created if desired, which is a major advantage for couples, smaller families, or for renting it out. A separate wardrobe room opens from the kitchen, which features a loft level. This provides extra storage space in the apartment. The full furnishing and appliances are included in the purchase price, so the apartment can be taken possession of immediately without any additional expenses. It is heated by a gas convector, and hot water is provided by an electric boiler.

Technical condition:
Copper wiring runs through the electrical network, an RCD (safety relay) is installed, and the electrical safety inspection has been completed. The power capacity is 25 amperes. Water, electricity, and gas are all billed based on individual meters.

Legal status:
The apartment has 1/1 (sole) ownership, with no registered usufruct (life estate) rights.

The building:
Built in 1890, the condominium has undergone several major renovations in recent years. The waterproofing of the inner facade was completed in October 2023, and last year the roof was renewed, the ceiling structure was repaired, and the renovation of the circular corridors (gangways) also began. The renovation of the exterior facade will be the next major project, although there is no concrete information on this yet. The inner facade is in beautiful condition, and the inner courtyard is paved with interlocking stones, where bicycle storage has also recently been set up. The common cost is 15,561 HUF per month.

The neighborhood:
Kálvária Square is one of the most beautifully renewed public spaces in Józsefváros. The square was renovated by the municipality in 2014 under the Magdolna Quarter Program, and the project won the Hungarian Urban Planning Society's Award for Excellence in Public Space Renewal: an info point, new street furniture, a drinking fountain, a restored fountain, and two dog runs were established on the square. In a later phase, the playground was expanded with new equipment, a fitness park was created, and chess tables were installed — the tradition of outdoor chess was preserved after the renovation, and the fitness park was built on a rubberized surface under the shade of trees.
Transportation is exceptionally good. Bus 9, as well as trolleybuses 72M and 83M, stop right in front of the building at the square. The Nagyvárad tér station of the M3 metro, and the Rákóczi tér and II. János Pál pápa tér stations of the M4 metro are a short walk away. The tram and bus lines of the Grand Boulevard (Nagykörút) and Baross Street can also be reached in a few minutes.
There is no shortage of green areas and sporting opportunities, either. Orczy Park is about a ten-minute walk away, featuring a lake, playgrounds, running tracks, tennis courts, and an adventure park. The Ludovika Arena and the 25-meter swimming pool of the National University of Public Service (NKE), complete with a sauna, are located on Diószegi Sámuel Street, where district residents can swim at a discounted rate, while Life1 Fitness in the Corvin Quarter awaits those looking to work out. For everyday exercise, the fitness park and playground at Kálvária Square are literally right outside the front door.

Shopping is easy: there is a Lidl at Teleki László Square, a SPAR on József Boulevard, a Prima supermarket and the Corvin Plaza shopping mall on Futó Street, and the Market Hall at Rákóczi Square.
The location is highly favorable for families and investors alike: several kindergartens are a few minutes' walk away, the Fazekas Mihály High School operates at Horváth Mihály Square, and the Semmelweis University's Nagyvárad Square Theoretical Block and clinics, as well as the Ludovika Campus of the National University of Public Service, are all within walking distance — making the apartment perfectly suited for renting out to university students.

Who do we recommend it to?
Primarily to singles, couples, and university students looking for a fully furnished, move-in-ready home, as well as to investors who wish to purchase a highly rentable property in a well-maintained condominium that is continuously being upgraded.