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

TURNKEY INVESTMENT – Two-Level Studio with Home Office near the Vígszínház! – District V, Szent István Boulevard 15

MAIN FEATURES OF THE PROPERTY AND THE BUILDING

Historical Background & Architectural Heritage

• Year built: 1898 – an iconic creation of Budapest’s golden era at the turn of the millennium.

• Developer: Henrik Haggenmacher Jr., a prominent brewer and one of the wealthiest and most influential industrial magnates in Pest at the time.

• Architect: Bertalan Gaál.

• Character: Eclectic-style prestigious rental palace, a twin to the adjacent building at number 13.

• Interior elegance: Impressive entrance adorned with finely carved floral patterns, staircase decorated with beautiful wrought iron railings.

• Culture & community: Featured in the popular Budapest100 program, with a close-knit resident community.

Technical Condition and Continuous Value Enhancement

The condominium is proud of its history and consciously preparing for the future. Thanks to ongoing maintenance and modernization, it is in excellent technical and aesthetic condition:

• Facade: Both exterior and interior facades have been renovated.

• Roof & Elevator: New roof structure and a completely modern elevator serve residents’ comfort.

• Balconies: The 5th and 6th floor balconies were recently fully refurbished.

• Building size: 7 residential floors, 118 units.

• Secure financial foundation: The condominium benefits from regular income and stable management.

• Upcoming plans (already scheduled):

This year: Upgrade of basement lighting.

Next year: Complete renovation of the electrical system.

Exclusive Elegance and Functional Luxury

• Ground floor usable area: 31.83 m²
• Mezzanine usable area: 20.65 m²
• Total actual area: 52.48 m²
• Ceiling height: 5.33 meters

Layout: Living room + built-in kitchen-dining area + shower bathroom + sleeping zone + home office nook + wardrobe section.
Heating & Utilities: Fully electric system (gas disconnected, separate meter).
Home Office section: Dedicated desk area on the mezzanine for peaceful remote work at home.

CONDOMINIUM MAINTENANCE FEES AND RENOVATION FUND

• Renovation fund: 5,000 HUF/month/unit (provides capital for technical upgrades and upkeep).
• Common cost (for units with water meters): 215 HUF/m²/month.
• Loan repayment contribution: 51 HUF/m²/month (related to building modernization projects).
• Water flat rate (only for units without water meters): +125 HUF/m²/month surcharge.
Monthly total payable: 13,467 HUF/month (5,000 HUF renovation fund + 6,843 HUF common cost + 1,623 HUF loan repayment).

Unmatched Location – In the Heart of District V

The building is situated between Honvéd and Szemere Streets, right next to the Vígszínház theatre.

• Culture and gastronomy: Theatres, cafés, galleries, and renowned restaurants are just a stone’s throw away.

• Transport and infrastructure: Excellent connections (tram lines 4 and 6, M3 metro, Nyugati railway station a few minutes away), green spaces (Margaret Island, Danube promenade) easily accessible.

Who Is This For?

• Those seeking a premium home: Appreciating downtown elegance, high ceilings, and the unique atmosphere of historic buildings.

• Investors: Apartments in District V with excellent technical condition and stable background provide long-term value retention and consistently high rental yields.

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

CapybaraHomes – Professional Real Estate Financing and Legal Support for Everyone! Buying property with a loan? We have you covered!
In cooperation with our strategic banking partners, CapybaraHomes clients enjoy free full-service loan administration. We guarantee the best terms and a fast, smooth process for a successful transaction.

Exclusive Legal Support

International sale? We are committed to seamless administration! We provide discounted, comprehensive legal services for you.

Our experts are prepared for:

• Multilingual Contracts: Our specialized 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 transaction smoothness and 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.