Budapest VI. kerület, Teréz körút 23. For sale brick apartment

Oktogon – 59 m² Apartment/Office for Sale with a 5-Year Leaseback
We are offering for sale a 59 m² property located on the top floor of a well-maintained building with an elevator, at the corner of Teréz Boulevard and Aradi Street, just a short walk from Oktogon.
The layout is particularly well suited for office use, or as a comfortable city apartment for one or two people. The spaces are well separated and practical, while the nearly 30 m² living room is the largest and most versatile area of the property.
Upon entering, you are greeted by a spacious entrance hall, which can work very well as a reception area for an office or as a comfortable hallway in a residential setting. A small storage room also opens from here.
On the right-hand side of the entrance hall is the kitchen with dining area, as well as the bathroom with a shower, toilet and washbasin. A separate smaller room opens to the left from the hall and can be used as an independent office, private workspace or bedroom.
Thanks to its nearly 30 m² floor area, the large living room is also particularly suitable for office use and, with its current layout, can accommodate approximately 6–8 workstations.
For Investors
The property comes with a pre-arranged, predictable rental structure.
Following the purchase, the current owner will lease the property back for a fixed term of 5 years, at a monthly rent of HUF 250,000.
This represents an annual rental income of HUF 3,000,000, or a total gross rental income of HUF 15,000,000 over the full 5-year period, provided the terms of the lease remain unchanged.
At a purchase price of HUF 86 million, this corresponds to a 3.49% gross annual rental yield.
One of the key advantages of this arrangement is that the buyer does not need to find a tenant after the purchase, there is no initial vacancy period, and there is no need to deal with the day-to-day tasks associated with renting out the property.
For anyone looking for a centrally located property as a long-term investment, this can offer a straightforward and easily predictable passive investment opportunity.
The Location
The property is located at the intersection of Teréz Boulevard and Aradi Street, in the immediate vicinity of Oktogon. Andrássy Avenue, the M1 metro line, the No. 4 and 6 trams, as well as numerous bus and trolleybus services are all within a short walking distance.
Thanks to its central location, the property is easily accessible both as an office and as a residence, whether for employees, clients or someone looking to enjoy life in the city centre.
The property may be an excellent choice for those looking for a centrally located, practical-sized property and who value its dual potential for use as either an apartment or an office.
For further information or to arrange a viewing, please feel free to contact me.
We can also assist our clients with legal services and mortgage/financing advice.