Budapest VIII. kerület, Rákóczi út 69. For sale brick apartment

Sunny, Quiet Downtown Studio for Sale – Convertible into a Two-Room Apartment, Ideal Investment!

Are you looking for your first home or an immediately rentable, value-retaining investment?

This bright, 4th-floor apartment with elevator on Rákóczi út is the perfect choice – and with a minor conversion, both its yield and market value can be significantly increased.

The biggest opportunity in the apartment:
Although it is currently a spacious, 1-room apartment (38 m²), it can be converted into a two-room layout (American-style kitchen-living room + separate sleeping nook) with minimal investment. The 20 m² room comfortably accommodates the living room and kitchen, while a separate sleeping area can be created in the place of the current kitchen (ventilated onto the light well).

What is it like to live in?

Peace and light: Although we are in the heart of the downtown area, the inner courtyard and corridor layout keeps the city noise outside. Thanks to the southwest orientation, pleasant afternoon sunlight floods the spaces.

The complete, individually designed furniture and appliances (oven, cooktop, refrigerator, etc.) are included in the purchase price – so you don't have to worry about buying furniture.

Maximum security: A multi-point locking security door, metal shutters and security grilles on the modern (2020) plastic windows, as well as an installed carbon monoxide detector protect the residents.

Predictable maintenance:
Although its energy rating is "H", due to the small floor area and modern windows, maintenance is very favorable.

Common cost: 20,000 HUF.

Total monthly utilities (for 1–2 people, based on individual meters): approx. 40,000–45,000 HUF (this already includes electricity, water, and heating).

Heating and cooling: Gas convector and electric heating, complemented by a cooling-heating air conditioner. Hot water is provided by a gas boiler.

The building and the area:

A specifically clean, well-kept residential community in a regularly maintained condominium. The stairwell is freshly painted, and the elevator has been renovated.
Public transport is unbeatable day and night: buses 5, 7, and 8 stop right in front of the building, and Keleti Railway Station (M2, M4) and II. János Pál pápa tér are only a 5-minute walk away.

Perfect for university students too:
The University of Veterinary Medicine is a few minutes' walk away, while ELTE, BME, and Corvinus can be reached in 15 minutes by public transport. For students moving up from the countryside, it is the safest and most practical downtown base.

Legal background and financing:

1/1 ownership, free of encumbrances and claims, with a clean legal background.
Based on the apartment's parameters, it is also eligible for the Otthon Start Loan (OSP), which requires a 10% down payment.