Budapest VII. kerület, Kertész utca For sale brick apartment

TWO SEPARATE ENTRANCES, 35 SQM APARTMENT + 18 SQM LONG-TERM RENTAL, PRIVATE TERRACE – UNIQUE INVESTMENT OPPORTUNITY IN INNER ERZSÉBETVÁROS!

In one of the most sought-after downtown areas of Budapest’s 7th district, Inner Erzsébetváros, inside the Grand Boulevard, at Kertész Street 4, we offer for sale a first-floor, quiet courtyard-facing property with unique features.

The title deed lists a 35 sqm apartment that offers numerous possibilities for remodeling and utilization. One of the property’s special features is that it has two separate entrances, which with proper planning could allow for the creation of two independent studio or one-room apartments.

The property also includes an additional 18 sqm space, which the current owner rents directly from the condominium by official agreement, located right next to the apartment. This space currently functions as a separate room and comes with a private terrace. The lease agreement is official, valid for 99 years, with a current monthly rent of only HUF 2,000. It is important to note that this 18 sqm area is not part of the apartment’s registered floor area but is a separately rented space.

According to the current layout, the 35 sqm apartment includes two rooms, an entry hall, a kitchen, and a bathroom equipped with a shower cabin, toilet, and washbasin. The property requires a full renovation, allowing the new owner to design the floor plan and interior according to their own vision and current market demands.

The two separate entrances and the additional 18 sqm rented space next to the apartment offer a rare opportunity that, with the right technical and legal arrangements, could be especially attractive for investment purposes. The layout could even be developed into two smaller living units, although actual division and design depend on technical, condominium, and official regulations.

The apartment faces a quiet courtyard, providing a peaceful environment despite the central location. The private terrace adds a pleasant extra, especially with a modern, reimagined interior design.

Heating and domestic hot water are provided by a gas boiler.

The location is excellent: Kertész Street lies in the heart of Inner Erzsébetváros, inside the Grand Boulevard. The area is one of Budapest’s liveliest downtown districts, with restaurants, cafes, shops, cultural programs, and everyday services all within easy reach. The nearby Blaha Lujza Square and the Grand Boulevard offer excellent public transport connections, including Metro Line 2 and tram lines 4 and 6.

What makes this property truly special:

- 35 sqm apartment listed on the title deed + 18 sqm separately leased space
- two separate entrances
- first floor
- quiet courtyard-facing location
- private terrace
- requires full renovation
- 99-year official lease agreement for the 18 sqm space
- current rent only HUF 2,000/month
- excellent downtown location in Inner Erzsébetváros

This property is primarily interesting for those seeking a more unique, creatively reimaginable investment opportunity than a traditional downtown apartment. The two entrances, the 18 sqm leased space next to the apartment, the private terrace, and the superb central location together offer features that, with thoughtful renovation and proper planning, could hold significant potential for value increase. Flexible key handover, viewing by appointment.