Budapest VI. kerület, Király utca For sale brick apartment

For sale directly from the owner: a bright, street-facing 70 m² apartment on the 3rd floor of a classic building on Király Street, in one of the most popular parts of Budapest’s District VI. The apartment features two spacious, full-height mezzanine levels with a combined area of nearly 28 m².

One of the apartment’s most distinctive features is its 3.8-metre ceiling height and the two large, genuinely usable mezzanine levels. The 31 m² main room includes an approx. 18 m² mezzanine, while the 12.5 m² second room has an approx. 10 m² mezzanine. Both have around 185 cm of standing height above and below, and currently function essentially as separate sleeping/living areas. In addition to the official 70 m² floor area, they therefore provide a substantial amount of extra usable living space.

The layout consists of two spacious rooms with their respective mezzanines, a separate kitchen, pantry, large entrance hall, bathroom and separate WC.

The apartment is east-facing and exceptionally bright. Morning sunlight comes directly through the large street-facing windows, while the apartment continues to receive plenty of natural light later in the afternoon. The rooms feel bright and airy throughout the day.

The property has been continuously maintained and upgraded. The entire water pipe system has been replaced, the electrical wiring was renewed a few years ago, and more recently both the bathroom and separate WC were renovated. A new, high-quality air-conditioning system has also been installed. Heating is provided by an individual gas boiler.

The apartment is quiet, well insulated and inexpensive to run. Based on current usage, utility costs are approximately HUF 20,000–25,000/month in summer and HUF 35,000–40,000/month in winter, which can be verified with utility bills. The monthly common cost is HUF 18,579.

The apartment is fully furnished and equipped, and the furniture and appliances shown in the photos are included in the purchase price.

The apartment is currently occupied by reliable tenants. For an investor, the existing tenancy can be continued, meaning the property can start generating rental income immediately after the purchase.

The location is excellent: central Budapest, yet within walking distance of City Park (Városliget). Oktogon, the M1 metro line and the 4–6 tram are all just a few minutes away, and several universities are easily accessible. Everything needed for everyday life is available in the immediate neighbourhood, including supermarkets such as Lidl and Penny, drugstores, restaurants, cafés and services, as well as an excellent local market just two minutes’ walk away.

The apartment is on the 3rd floor and the building currently has no elevator. The attic space of the building has been sold to a developer, and the agreement relating to the planned façade renovation and installation of an elevator is currently being prepared. Once completed, these improvements would provide a particularly significant increase in comfort for a third-floor apartment and could represent a substantial additional increase in the property’s value.

The property is being sold privately by the owner. Kindly no enquiries from real estate agents.