Budapest VI. kerület, Lovag utca For sale brick apartment

Are you looking for an immediately rentable downtown investment offering above-average yields, or a smartly laid-out home for co-living, where two completely separated residential units are available within a single property in a revitalized classic building with an elevator?

For sale in a popular part of Budapest's 6th district, Inner Terézváros: a 1st-floor, 77.1 m² total floor area property in excellent condition, completely renovated in 2016 and barely lived in since.

The interior layout consists of two independent units, each with its own entrance: a more spacious 52.7 m² apartment and a 24.4 m² 1+half-room unit, which can also be combined into one.

The property is a top hit for rental purposes: leasing both units together realistically generates approx. HUF 450,000/month (~HUF 5.4 million/year) in rental income, providing an outstanding gross yield of over 5% for the future owner in the current market.

- 77.1 m² total floor area: 2 separate living units (a 52.7 m² 2-room apartment + a separated 24.4 m² 1+half-room apartment) under a single land registry title (*helyrajzi szám*)
- Revitalized building: During a rooftop extension/addition a few years ago, the building's exterior and interior facades were renewed, the electrical wiring was modernized, and a new, spacious elevator was installed
- 1st-floor location in a tidy, fully barrier-free (accessible) building
- Well-preserved, like-new condition: The apartment underwent a complete mechanical, plumbing, and aesthetic overhaul in 2016 (barely lived in since)
- Modern heating: State-of-the-art condensing gas boiler with radiators and a bathroom towel warmer (exceptionally low maintenance costs)
- A/C ready: Installing an air conditioning unit can be done quickly and easily following the condominium’s established guidelines
- Shutters/blinds installed on all windows

INTERIOR LAYOUT OF THE TWO RESIDENTIAL UNITS
The practical layout ensures undisturbed privacy for both living spaces.

Unit 1 (52.7 m² – Spacious 2-Room Home):
- Living room (24.2 m²): Bright, spacious common area with a dining zone.
- Bedroom (13.8 m²): Comfortable, private sleeping area.
- Windowed kitchen (4.6 m²): Fitted cabinetry equipped with a refrigerator, cooktop, and washing machine.
- Bathroom (3.6 m²): Walk-in glass shower with stylish subway tiles, toilet, and a heated towel rail.
- Entry hall (6.5 m²): Generous entryway area.

Unit 2 (24.4 m² – Separate Studio Apartment):
- Living room / Kitchen / Dining area (14.0 m²): Open-plan living space equipped with fitted cabinetry and a washing machine.
- Half-room (7.4 m²): Separate bedroom nook/room.
- Bathroom (2.9 m²): Bathroom with a shower and toilet.

DOWNTOWN LOCATION & LIFESTYLE
Lovag Street is one of District VI’s quiet yet centrally located streets:
- Public Transit: Nyugati Square (Metro line M3, Tram lines 4–6), Oktogon, and Andrássy Avenue are within walking distance, making any point in the city quickly accessible.
- Infrastructure: Theaters (Operetta, Pesti Theatre), restaurants, cafés, the Westend shopping mall, and grocery stores are all conveniently close by.

The property is unencumbered and available for flexible viewings.

For further information or to arrange a viewing, please feel free to reach out!