Budapest VIII. kerület, Lujza utca For sale brick apartment

AN UNMISSABLE OPPORTUNITY IN MAGDOLNA QUARTER A HOME OR INVESTMENT FOR JUST HUF 35 MILLION!

IMPORTANT! The property is not eligible for bank financing; therefore, enquiries from cash buyers are preferred.

We are offering for sale a unique property in Lujza Street, in the dynamically developing Magdolna Quarter of Budapests 8th District. Originally a 18 m² commercial premises, it has been stylishly converted into an internally arranged, two-level property with a total usable floor area of 34.5 m².

MODERN, PRACTICAL TWO-LEVEL INTERIOR LAYOUT
The property originally functioned as an 18 m² commercial premises, which has been thoughtfully converted into a two-level property with a usable floor area of 34.5 m².
The 18 m² open-plan living room with an American-style kitchen and dining area on the lower level provides a practical and well-utilised living space. In addition to the fully equipped kitchen, a dining table with chairs and a comfortable pull-out sofa are also provided.
A sturdy wooden staircase leads to the upper level, which features a 12.8 m² room, a wardrobe, and a 3.7 m² fully equipped bathroom with a toilet.

Comfort is ensured by several practical features:
Ariston electric water heater
Indesit washer-dryer
Daikin inverter air conditioning, providing cooling in summer and heating in winter
A large, double-leaf arched wooden window that fills the upper level with natural light

INVESTMENT OPPORTUNITY
The property is currently vacant, allowing the new owner to take possession immediately for personal use or utilise it according to their own needs.
The property was previously rented out for HUF 180,000 per month, making it an attractive option to consider for investment purposes.
Common charges: HUF 23,226/month, including the water fee, as the property does not have a separate water meter.
Estimated monthly utilities: approximately HUF 15,00020,000, depending on the season.

EXCELLENT PUBLIC TRANSPORT, SHOPPING, SERVICES, RESTAURANTS, CAFÉS AND ENTERTAINMENT
Lujza Street has undergone significant development and regeneration in recent years. One of the locations greatest advantages is that it combines proximity to the city centre with good public transport connections.
Several tram, bus and trolleybus services are easily accessible from the area, providing convenient connections to Blaha Lujza Square, Rákóczi Road, Keleti Railway Station, Corvin Quarter and Kálvin Square, among other destinations. The nearby M2 and M4 metro lines provide quick access to many parts of Budapest.
Shops and services essential for everyday living can be found nearby. Teleki Square Market, grocery stores, pharmacies, smaller shops and various other services are all conveniently accessible.
Nearby Blaha Lujza Square, Europeum Shopping Centre and Corvin Quarter offer a wide range of additional shopping, services and entertainment options. The neighbourhood provides a continually evolving urban environment with an increasingly youthful atmosphere.
Numerous restaurants, cafés, shops and entertainment venues can be found around József Boulevard, Rákóczi Road and Blaha Lujza Square, while Corvin Quarter and the city centre are also easily accessible.

Reference number: LK023375