Budapest VII. kerület, Dob utca 74. For sale brick apartment

BRIGHT TOP FLOOR APARTMENT IN CONDOMINIUM BUILDING WITH A ELEVATOR

Budapest District VII, Dob Street

A 55 m², two room apartment with rarely available features is for sale in the vibrant centre of Budapest, only a one minute walk from Erzsébet Boulevard.

• 55 m² floor area

• 2 spacious rooms

• 3.6 metre ceiling height

• Top floor location on the 3rd floor

• Recently renovated lift

• New air conditioning unit

• Can be converted into a three room apartment according to an architectural assessment

• Free of encumbrances and available for immediate possession

THE APARTMENT

The apartment is in good condition and is located on the top floor of a three storey condominium building. Above the apartment is only the attic space beneath the renovated roof.

The current layout consists of two interconnected rooms, a separate kitchen, an entrance hall, a pantry, a bathroom and a separate WC. The impressive 3.6 metre ceiling height creates a generous sense of space and offers numerous interior design possibilities.

Thanks to its eastern orientation and top floor position, the apartment receives plenty of natural light. Its windows overlook the inner courtyard, providing a quieter living environment despite the central city location.

The apartment was renovated approximately 15–20 years ago and remains in good condition. A new air conditioning unit was installed two months ago to ensure comfort during the summer.

TECHNICAL FEATURES AND RUNNING COSTS

Heating and hot water are provided by an individual boiler. The apartment has individual utility meters, meaning that consumption is charged according to actual usage.

The monthly common charge is HUF 24,500.

The apartment is currently vacant, free of encumbrances and available for immediate possession. The kitchen furniture, appliances, lighting and other furnishings may remain in the property subject to a separate agreement between the parties.

THE BUILDING

The apartment is situated in a well maintained condominium building constructed around 1900. The facade and inner courtyard are in very good condition. The entrance corridor and the lift were renovated within the past few weeks, while the roof was renovated within the last 10 years.

A top floor apartment in a building with a lift represents a particularly valuable combination. Properties offering both the advantages of the highest residential floor and convenient lift access rarely become available in this central Budapest location.

ONE APARTMENT, SEVERAL LIFE STRATEGIES

For parents purchasing a home for a university student

This apartment may be an ideal choice for parents who would prefer to finance a family owned property instead of paying rent throughout the university years of their child.

The central location, excellent public transport connections and proximity to everyday services, shops and cultural opportunities support a convenient and independent lifestyle. After the university years, the apartment may be retained for private use, rented out on a long term basis or sold at a later date.

Investment opportunity

An architectural assessment confirms that the current floor plan can be converted into a three room layout. This creates the possibility of establishing more independently usable rooms, which may increase the income potential of the property when rented on a long term basis.

The central location, excellent public transport connections, lift, top floor position and adaptable floor plan all represent favourable features for a discerning investor.

A home for a young couple

In its present form, the apartment offers a comfortable city centre home for a young couple. The high ceilings, bright interiors and adaptable floor plan provide flexibility for changing needs over the years.

As attic space is located directly above the apartment, the possibility of a future extension towards the roof space may also be investigated. Any such development would require the consent of the condominium, an amendment to the deed of foundation, and the necessary technical, legal and authority consultations. The amendment of the deed of foundation is expected to take approximately one year.

CITY CENTRE LIFESTYLE WITHIN EASY REACH

The apartment is located in Dob Street, only a one minute walk from Erzsébet Boulevard. This is one of the most vibrant and diverse areas of central Budapest, with everyday services, dining, cultural programmes and public transport all within easy reach.

The neighbourhood offers numerous popular cafes, restaurants, pastry shops and bakeries. Cafe Frei, The Croissant Story, Mazel Tov, Eggi Brunch and Coffee and Time Out Market Budapest are all within a short walking distance.

One of the best known architectural and cultural landmarks in the area, the New York Palace, is also easily accessible. The historic city centre setting is complemented by contemporary dining venues and a wide range of cultural programmes.

CINEMAS AND CULTURAL PROGRAMMES

The location is particularly attractive for film and art cinema enthusiasts. Art+ Cinema is only two blocks away.

Hunyadi Garden Cinema and Művész Cinema are also easy to reach, while Uránia National Film Theatre is located slightly farther away. The neighbourhood offers a wide variety of cinematic experiences, ranging from traditional cinemas and open air screenings to art films.

SHOPPING AND EVERYDAY CONVENIENCE

Despite the central location, the neighbourhood offers more than small shops, bakeries and dining venues. Several branches of major grocery chains are within walking distance, making everyday shopping easy without a car.

EXCELLENT PUBLIC TRANSPORT

Erzsébet Boulevard is only a one minute walk away. Tram lines 4 and 6 operate day and night along the boulevard and provide fast connections to many important areas of both Buda and Pest.

Blaha Lujza Square, Keleti Railway Station and Nyugati Railway Station can be reached in approximately 10–20 minutes on foot or by public transport.

Thanks to the excellent transport connections, educational institutions, workplaces, cultural venues and entertainment options throughout the city centre are quick and convenient to reach.

GREEN SPACES AND ACTIVE RECREATION

Despite its city centre location, the apartment offers convenient access to two of the most important green areas in Budapest, Margaret Island and City Park. Both can be reached in approximately 15 minutes by public transport or within about half an hour on foot.

Margaret Island is an ideal setting for sports, relaxation and outdoor activities. Its running track encircling the island, two swimming pools, small zoo, rich vegetation and musical fountain operating during the warmer months offer a wide range of recreational opportunities.

City Park is home to numerous nationally significant landmarks and cultural institutions. These include Heroes Square, Széchenyi Thermal Bath and Swimming Pool, Budapest Zoo and Botanical Garden, the Museum of Fine Arts and the Museum of Ethnography.

City Park is also home to the House of Music Hungary, a distinctive work of contemporary Hungarian architecture that hosts interactive exhibitions, musical programmes and concerts.

A RARE OPPORTUNITY IN CENTRAL BUDAPEST

This apartment can serve as a comfortable private home, a valuable property purchased for a university student or an investment with considerable development potential.

The top floor location in a building with a lift, the 3.6 metre ceiling height, the architecturally confirmed possibility of conversion into a three room layout and the attic space above the apartment represent a combination of features rarely available in this neighbourhood.

The property is free of encumbrances and available for immediate possession.

Asking price: HUF 79 million

The apartment is well worth viewing in person. I look forward to your enquiry.