Budapest IX. kerület, Közraktár utca For sale brick apartment

PREMIUM DANUBE-SIDE PROPERTY NEAR THE BÁLNA

Located in one of the most popular areas of Budapest’s District IX, on Közraktár Street, right next to the Danube promenade and the Bálna, this 106 m², ground-floor, four-room property is offered for sale following a high-quality renovation and offers a wide range of potential uses.

The property is currently operated as a professionally designed accommodation facility, but its excellent location and flexible layout make it suitable for a variety of purposes. It can be used as an artist’s studio apartment, office, medical practice, professional service space or representative business premises.

The property originally had two separate entrances, and the original layout can be restored if required, providing additional flexibility for future use.

PREMIUM TECHNICAL SPECIFICATION
The property has been renovated to a high technical and aesthetic standard, allowing the new owner to take possession and put it to use immediately.

Key features:
- 106 m² floor area
- 4 spacious and versatile rooms
- Ground-floor location with easy access
- SMART HOME: air conditioning and heating that can also be controlled remotely, from your phone
- Gas-fired central heating
- Complete replacement of the building’s utility risers
- Chimney lining
- Built-in wardrobes
- Concealed, zoned Daikin air-conditioning in every room
- Ventilation system
- Custom-designed kitchen
- Built-in Electrolux appliances, including oven, hob, extractor hood, microwave and refrigerator
- Individual water and electricity meters
- Low running costs
- Unencumbered property
- 100% ownership
- Available for immediate possession

The building is well-maintained with a resident caretaker on site.

PRIME LOCATION & MULTIPLE INVESTMENT OPTIONS
Közraktár Street and the surrounding Danube waterfront are among Budapest’s desirable areas, particularly popular with an international audience. Thanks to its exceptional location and flexible layout, the property offers several potential business and investment opportunities.

Potential uses include:
- Short-term accommodation – permitted within the condominium
- Long-term rental – particularly attractive to international students and young professionals
- Office or business use
- Medical practice or professional services
- Representative business premises
- Artist’s studio / creative workspace

EVERYTHING IS WITHIN EASY REACH
The property enjoys an exceptional location, with Corvinus University, the Great Market Hall, the Bálna, the Danube promenade, as well as numerous restaurants, cafés and shops all within a short walk.

Public transport connections are also excellent, with tram, bus and metro services nearby, providing quick and convenient access to central Budapest and major transport hubs.

IMPORTANT FINANCING INFORMATION
The property is classified as an office, and therefore cannot be financed with a standard residential mortgage.
It is consequently particularly suitable for cash buyers, companies and purchasers using business or corporate financing.

If you are looking for a premium, centrally located Budapest property that has been fully renovated and offers a wide range of potential uses, I would be pleased to provide further information or arrange a private viewing.
I look forward to hearing from you and am available for enquiries seven days a week.