EXCEPTIONAL OPPORTUNITY A TRUE RARITY AND AN OUTSTANDING INVESTMENT!

We are offering for sale a unique, multi-functional property with a total usable area of 1,943 sqm, located in Budapests prestigious 6th district, just steps from Andrássy Avenue one of the citys most iconic and sought-after locations.

The property is registered under 23 separate title deeds and currently comprises 18 residential units. At present, 16 of these units are functioning as individual apartments, as some of them have been temporarily merged to create larger living spaces. However, these can be easily re-divided into their original layouts if desired.

Of the 16 active apartments:

13 have been fully renovated,

3 are in unrenovated condition and offer potential for added value.

In addition, the property includes:

3 office units, which can be converted into apartments,

A street-facing restaurant/bar with a capacity of more than 100 guests,

Separate event rooms,

A professionally equipped kitchen of approx. 100 sqm in the basement, with certification and adjacent storage space,

Additional utility and service rooms in the basement.

The building was originally constructed in 1887 and underwent a comprehensive renovation in 2012 by the current owner, carefully preserving its neoclassical architectural character.

Immediate use of the property, as well as the continuation of existing long-term leases, can be negotiated with the seller, making this an ideal opportunity for both investors and operators seeking immediate yield or flexible redevelopment options.

Read more