Budapest XI. kerület, Garda utca 8. For sale brick apartment

TWO SEPARATE BUDAPART APARTMENTS OFFERED FOR SALE TOGETHER – 43 SQ M + 50 SQ M, WITH ATTRACTIVE 3% FINANCING

A distinctive investment opportunity in BudaPart, one of Budapest’s most sought-after modern riverside neighbourhoods: two separate one-bedroom apartments are being offered for sale together as a single transaction.

Both properties are held by the same Hungarian limited company and are therefore being marketed jointly, with the preferred structure being the acquisition of 100% of the shares in the company.

A PARTICULARLY ATTRACTIVE PROPOSITION FOR INVESTORS

A key feature of the transaction is the existing 3% KAVOSZ financing, offering an unusually attractive financing structure in the present market.

The combined asking price for the two properties is HUF 209 million. The outstanding principal on the KAVOSZ financing is approximately HUF 82 million, leaving approximately HUF 127 million payable on completion under the proposed structure.

The finance was originally arranged over a ten-year term and is due to mature in May 2032.

The 43 sq m apartment is situated on the third floor and provides two rooms together with a particularly generous 13.88 sq m balcony.

The 50 sq m apartment occupies the fifth floor and also provides two rooms, complemented by a 14 sq m terrace/loggia. This apartment enjoys a Danube-facing aspect.

Both properties are situated within the modern, lift-served residential development at 8 Garda Street, BudaPart, completed in 2023.

BudaPart combines contemporary city living with an exceptional riverside setting. The Danube and Kopaszi Dam are moments away, with landscaped green spaces, restaurants, cafés and everyday amenities all within easy walking distance, whilst central Budapest remains readily accessible.

Further information, financing documentation and full details of the proposed transaction are available upon request.