Budapest V. kerület, Szent István körút 15. For sale brick apartment

Exclusive lifestyle and outstanding investment opportunity in Budapest’s most prestigious area – 5th District, Szent István Boulevard 15.

PROPERTY AND BUILDING HIGHLIGHTS

Historical Background & Architectural Heritage

- Year built: 1898 – an iconic creation from Budapest’s golden millennium era.
- Developer: Henrik Haggenmacher Jr., a prominent brewer and one of Pest’s wealthiest and most influential industrial magnates of the time.
- Architect: Bertalan Gaál.
- Character: Eclectic style, prestigious rental palace, twin to the neighboring building at number 13.
- Interior elegance: Impressive entrance adorned with intricate floral carvings and a stunning staircase decorated with wrought iron railings.
- Culture & Community: Featured in the popular Budapest100 program, this condominium boasts a close-knit resident community.

Technical Condition and Continuous Value Enhancement

The condominium is proud of its past and consciously preparing for the future. Thanks to ongoing maintenance and upgrades, it is in excellent technical and aesthetic condition:
- Facade: Both the exterior and interior facades have been renovated.
- Roof & Elevator: New roof structure and a completely new, modern elevator ensure residents’ comfort.
- Balconies: The 5th and 6th-floor balconies were fully renovated recently.
- Building size: 7 residential floors, 118 units.
- Solid financial foundation: The condominium enjoys steady income and stable management.
- Upcoming plans (already scheduled):
o This year: Basement lighting modernization.
o Next year: Complete electrical network renovation.

Exclusive Elegance and Functional Luxury

Thoughtful space utilization, the possibilities offered by high ceilings, and premium interior design form the perfect symbiosis.
The apartment boasts an excellent functional layout with a gallery design providing a spacious two-level living area:
- Ground floor usable area: 36.24 m²
- Gallery level usable area: 25.47 m²
- Actual total area: 61.71 m²
- Ceiling height: 5.33 meters (comfortable 2.59 meters both below and above the gallery)

Layout:
- Ground floor: Living room, fully equipped island kitchen with dining area (featuring an exclusive green wall), entrance zone, bathroom (with bathtub and toilet).
- Gallery: Bedroom, separate walk-in closet, and bathroom (with shower and toilet).

CONDOMINIUM FEES AND RENOVATION FUND
- Renovation fund: 5,000 HUF/month/unit (providing capital for technical upgrades and maintenance).
- Common cost (for apartments with water meters): 215 HUF/m²/month.
- Loan repayment contribution: 51 HUF/m²/month (related to building modernization projects).
- Water fee flat rate (only for apartments without water meters): +125 HUF/m²/month surcharge.

Monthly payment example: 14,640 HUF/month (5,000 HUF renovation fund + 7,792 HUF common cost + 1,848 HUF loan repayment)

Unrivaled Location – Heart of the 5th District

The building is situated between Honvéd Street and Szemere Street, directly next to the Vígszínház Theatre.

- Culture and gastronomy: Theaters, cafés, galleries, and renowned restaurants are just steps away.
- Transportation and infrastructure: Excellent connections (tram lines 4 and 6, M3 metro, Nyugati railway station just minutes away), with green spaces like Margaret Island and the Danube promenade within easy reach.

Who is this ideal for?

- Premium home seekers: Those who appreciate downtown elegance, high ceilings, and the unique atmosphere of historic buildings.
- Investors: Apartments in well-maintained, financially stable condominiums in the 5th District offer long-term value retention and consistently high rental yields.

SUMMARY

This apartment is a turnkey interior design masterpiece. Premium velvet upholstery, gold sanitary fixtures and accessories, natural oak slats, an eye-catching green wall, and high-quality finishes create a unique, prestigious interior that offers an instantly lovable home for those seeking downtown elegance.

Experience firsthand the elegance of one of Budapest’s most beautiful rental palaces!

CapybaraHomes – Professional Real Estate Financing and Legal Support for Everyone! Buying property with a loan? We make it easy!
In cooperation with our strategic banking partners, CapybaraHomes clients enjoy free comprehensive loan management services. We guarantee the most favorable terms and a smooth, fast process to successfully close your transaction.

Exclusive Legal Support

International sales? We are committed to seamless administration! We provide discounted, full legal services tailored to your needs.

Our experts are prepared for:
- Multilingual Contracts: Our special service for foreign clients ensures precise documentation compliant with international legal standards.
- Interpretation: Upon request, we provide interpreters to ensure language barriers do not affect the smoothness of the transaction or legal clarity.

Choose CapybaraHomes’ professional partner network: we guarantee both financial and legal security! Don’t leave your questions unanswered!

Start selling or buying your property today! Contact us for details and request your free consultation.