Budapest VI. kerület, Lovag utca For sale brick apartment

Are you looking for an established downtown home that is ready to move into immediately or can be rented out with high yields, located on the 1st floor of a fully revitalized classic building with an elevator, offering a rare opportunity for immediate or future expansion?

For sale in a popular part of Budapest's 6th district, Inner Terézváros, on Lovag Street: a 52.7 m², 2-room apartment in excellent condition, completely renovated in 2016 and barely lived in since.
The property features a private entrance, well-maintained interior spaces, and efficient building services.

SPECIAL EXTRA / INVESTOR OPTION:
Directly adjacent to the apartment is a fully separate, 24.4 m² (1+half-room) living unit with its own private entrance.
Alongside the advertised 52.7 m² apartment, this neighboring smaller unit can also be purchased for an additional HUF 40,000,000 (bringing the total 77.1 m² property package to HUF 114,900,000)!
The two units can be connected into a single residence, or rented out separately to realistically generate a combined rental income of approx. HUF 450,000/month, providing an excellent yield of over 5% for investors!

- 52.7 m² usable living area:
Spacious living room + separate bedroom + windowed kitchen
- 1st-floor location
in a fully accessible, orderly building with an elevator
- Revitalized building:
During a rooftop extension completed a few years ago, the building's exterior and interior facades were renewed, electrical wiring was modernized, and a new, spacious elevator was installed
- Well-preserved, like-new condition:
Underwent a full mechanical, electrical, plumbing, and aesthetic renovation in 2016 (barely lived in since)
- Modern heating:
State-of-the-art condensing gas boiler with radiators and a heated bathroom towel rail (exceptionally low maintenance costs)
- A/C preparation:
Installing air conditioning can be done quickly and easily based on established building guidelines
- Shutters installed on all windows

INTERIOR LAYOUT OF THE 52.7 M² APARTMENT
The well-thought-out floor plan provides a comfortable home for couples, students, or singles.

- Living room (24.2 m²):
Bright, spacious living area with dining zone.
- Bedroom (13.8 m²):
Quiet, comfortable private sleeping area.
- Windowed kitchen (4.6 m²):
Fitted cabinetry equipped with refrigerator, cooktop, and washing machine.
- Bathroom (3.6 m²):
Walk-in glass shower enclosure with stylish subway tiles, toilet, and heated towel rail.
- Entry hall (6.5 m²):
Spacious reception area with built-in storage options.

(Available neighboring unit: 24.4 m², featuring an open-plan living room/kitchen, half-bedroom, and private shower bathroom for +HUF 40M).

DOWNTOWN LOCATION AND TRANSPORTATION
Lovag Street is one of Inner Terézváros's quiet yet central streets:
- Public transportation:
Nyugati Square (Metro line M3, Tram 4-6), Oktogon, and Andrássy Avenue are all within walking distance, making any point in the city quickly accessible.
- Infrastructure:
Theaters (Operetta, Pesti Theatre), restaurants, cafés, Westend shopping center, and grocery stores are all comfortably close.

APARTMENT ASKING PRICE (52.7 m²): HUF 74,900,000
(Together with the neighboring 24.4 m² apartment: HUF 114,900,000)

The property is free of legal claims and encumbrances, and viewings are flexible.
For more information or to schedule a viewing, please feel free to reach out!