Budapest VIII. kerület, Rigó utca For sale brick apartment

Attention Investors! Exceptional Opportunity in District VIII Immediate Returns of up to 7%!

For sale in Rigó Street, one of the most popular and central parts of Budapest's District VIII (Józsefváros), is a fully renovated, street-facing, ground-floor apartment featuring 5 separate bedrooms + a spacious living room with loft-style design and galleries.

The property is currently rented by 5 reliable tenants, all of whom are happy to stay under the new ownership ensuring immediate rental income with a potential annual return of up to 7%.

During the 2024 renovation, the owner implemented a modern, loft-inspired layout, with 6.5-meter-high ceilings and a generous open-plan kitchen and living area. The apartment offers four fully separate bedrooms and three built-in galleries, one of which can function as an independent level. There are two full bathrooms one with a bathtub, the other with a shower which is ideal for multiple tenants. Heating is provided by energy-efficient Nobo electric panels and air conditioning. The furnishings are included in the sale price, making the property move-in or rent-ready with no additional investment needed.

Thanks to its ideal layout, the apartment is especially popular among students and young professionals. The separate rooms provide maximum privacy, while the spacious common area is perfect for socializing. The unit has been continuously rented, ensuring stable, predictable income for the owner.

The location is excellent: just steps from József Boulevard, with the 4-6 tram stop on the corner, and multiple universities, shops, restaurants, and cafés within walking distance. The neighborhood is rapidly developing, offering strong potential for long-term value growth.

This property is not only aesthetically appealing, but also a smart financial investment: it generates instant income, is well-positioned in the rental market, and offers further value-adding potential with minimal upgrades. Whether you're looking for steady passive income or a high-performing addition to your real estate portfolio, this apartment is a solid foundation for a successful investment.

Don't miss this rare opportunity contact us today for more information or to schedule a viewing!