Budapest IX. kerület, Lónyay utca For sale brick apartment

UNIQUE GRAND-BOURGEOIS APARTMENT NEAR BAKÁTS SQUARE – 114 SQM, 5-ROOM LAYOUT, EXCELLENT INVESTMENT OPPORTUNITY

Located in one of the most popular and dynamically developing areas of Budapest's District IX, on Lónyay Street, this unique 114 sqm apartment is offered for sale on the 4th floor of a beautiful historic residential building.

The elegant eclectic building was constructed in 1911 and has been continuously maintained. The building has an elevator, a well-kept common area and a well-organized, cooperative residential community.

The apartment offers an excellent combination of spacious communal areas and well-separated private rooms. The 114 sqm layout includes 2 full-size rooms, 3 half-size rooms, a hall, 2 bathrooms and 2 separate toilets. Several of the rooms feature galleries, making excellent use of the generous ceiling height.

During the renovation approximately 15 years ago, a large open-plan living area was created by combining the kitchen, living room and dining area. This generous space forms the heart of the apartment, while the four bedrooms and separate hall offer excellent flexibility for both private living and rental purposes.

The apartment has both courtyard and street-facing aspects and is oriented to the northeast.

Heating is provided by an individual condensing gas boiler, the complete control system of which was replaced last year.

AN EXCELLENT INVESTMENT OPPORTUNITY

The property is currently fully rented out on a room-by-room basis, generating close to HUF 400,000 in monthly rental income.

All four bedrooms are currently rented, and whenever one becomes available, it is rented out very quickly thanks to the excellent location and the strong demand from university students and young professionals.

This makes the property particularly attractive for investors looking for a large Budapest apartment with an established rental model already in place.

EXCEPTIONAL UNIVERSITY LOCATION

One of the property's greatest advantages is its proximity to several major Budapest universities.

Corvinus University of Budapest is only a few minutes away on foot, with its main building at Fővám Square 8 and its Közraktár Street campus nearby. The university's Közgáz Campus buildings are located next to each other in this area.

Károli Gáspár University of the Reformed Church in Hungary is also extremely close, with its Faculty of Theology located on nearby Ráday Street and its Faculty of Humanities and Social Sciences on Reviczky Street.

Several faculties and clinical facilities of Semmelweis University are also easily accessible, including the Faculties of Medicine, Dentistry and Pharmaceutical Sciences in the Üllői út area.

ELTE's Faculty of Law at Egyetem tér is also within easy reach, while Budapest University of Technology and Economics on the Buda side of the Danube can be conveniently accessed by public transport.

EXCELLENT PUBLIC TRANSPORT

The apartment enjoys outstanding public transport connections.

Zsil Street tram stop is approximately a 2-minute walk away, Kálvin Square is around 3 minutes, Boráros Square around 5 minutes, and Fővám Square approximately 7 minutes on foot.

Nearby transport options include:

• M3 metro – Kálvin Square
• M4 metro – Fővám Square
• Tram lines 2 and 23
• Bus lines 15 and 83
• H7 suburban railway at Boráros Square
• Tram lines 4 and 6 in the nearby Ferenc Boulevard area

This excellent transport network makes the major parts of central Budapest easily accessible.

CITY LIFE AT YOUR DOORSTEP

The location is ideal for those who appreciate having restaurants, cafés, cultural venues and the Danube within walking distance.

The lively Ráday Street, Bakáts Square, the Great Market Hall, Fővám Square, the Danube promenade and Liberty Bridge are all close by. The area combines the atmosphere of a vibrant inner-city neighborhood with a pleasant residential environment.

The nearby Danube waterfront also provides excellent opportunities for walking, running and cycling.

IDEAL FOR

• Families looking for a spacious home with well-separated rooms
• Multi-generational living
• Home office use
• Investors looking for an established rental opportunity
• Long-term rental to university students
• Investors looking for a large, multi-room apartment in central Budapest

KEY FEATURES

• 114 sqm net floor area
• 4th floor
• Historic building from 1911
• Elevator
• 2 full-size rooms + 3 half-size rooms + hall
• 4 bedrooms
• Separate rooms
• Gallery spaces
• 2 bathrooms
• 2 toilets
• Open-plan kitchen, living room and dining area
• Courtyard and street-facing aspects
• Northeast orientation
• Individual condensing gas boiler
• Boiler control system replaced in 2025
• Currently fully rented room by room
• Close to HUF 400,000 monthly rental income

A truly distinctive grand-bourgeois apartment combining character, generous floor space, an excellent layout and an exceptionally strong rental location.

If you are looking for a spacious, flexible apartment in one of Budapest's most attractive university and inner-city locations, this property is well worth viewing.

For further information or to arrange a viewing, please feel free to contact me.