Budapest XIX. kerület, Vas Gereben utca For sale family house

OPPORTUNITY TO CREATE TWO SEPARATE APARTMENTS IN KISPEST – 516 SQM PLOT, LIVING SPACE EXPANDABLE TO 152 SQM!

This unencumbered house in Kispest, requiring a complete renovation, offers an exceptional opportunity for investors, developers, and families looking to move together. The features of the plot and the building provide rare flexibility to realize your future plans.

Key Parameters:

Plot size: 516 sqm (1/1, clear ownership).

Current floor area: approx. 120 sqm.

Expansion potential: By building a new roof, the total useful floor area of the house can be increased to 152 sqm.

Buildability: 30% (up to 154.8 sqm of built-in area can be achieved).

Outbuildings: A total of 45 sqm of courtyard storage.

Condition: Requires full renovation – interior spaces can be 100% freely shaped!

One Property, Two Future Homes
One of the most outstanding features of the property is that it can officially be divided into two separate apartments. This is a perfect solution for two generations to live close to each other, yet in completely separate homes. It is also unparalleled from an investment perspective: you can use one apartment for yourself while renting out the other, or both units can be rented out separately to maximize your yield.

152 sqm Useful Floor Area with Roof Replacement
Another huge value of this development lies in the attic. By replacing the roof structure and rethinking the spaces, the total useful floor area of the house can be expanded to 152 sqm. This spacious, increased living area provides an opportunity to bring the boldest ideas of the future residents to life on the upper floor.

Customizable Spaces for Everyday Life
According to the current layout, the ground floor features a huge living room/bedroom, a separate dining room, kitchen, pantry, bathroom, and hallways. The upper floor houses a contiguous living space, a separate bathroom, and a hallway. The advantage of a complete renovation is that you don't have to compromise: by moving the walls, the arrangement for shared meals, relaxation, and private rooms can be tailored exactly to your (or your future tenants') needs.

Plot and Outbuildings
The 516 sqm plot currently includes 45 sqm of courtyard storage rooms. Keeping, rebuilding, or completely demolishing them depends entirely on your chosen concept. The 30% maximum buildability (nearly 155 sqm footprint) also provides an official framework for further extensions and additions.

Excellent Environment for Everyday Life
The location speaks for itself: the nearby CBA Remíz is perfect for daily grocery shopping, while excellent schools, kindergartens, and the Baptist church of Kispest are within walking distance. For larger shopping trips, the Stop Shop in Kispest, the Auchan in Soroksár, Tesco, and IKEA are all just minutes away. Tram lines provide a direct and fast connection to the Határ út M3 metro station and the KÖKI Terminal.

Awaiting Renovation and New Plans
This house is the perfect choice for those who want to maximize the potential of two separate apartments and the expandable floor area through a well-thought-out plan. (Please inquire by phone about the purchase price and financing options!)

Feel free to call and schedule a personal viewing! See for yourself on-site how this house can fit into your family or investment plans!

Reference number: HZ051489

Disclaimer: The data in this advertisement (floor areas, buildability, apartment division options) are provided based on the owner's information and are for informational purposes only; exact parameters must be verified based on the technical documentation. The photos are digitally (AI-assisted) optimized and enhanced to present a more realistic sense of space.