Budapest VII. kerület, Középső-Erzsébetváros For sale brick apartment

**All you need to bring is your suitcase!** A debt-free, immediately move-in-ready, individually registered condominium unit with full ownership, its own land registry number and low running costs, located in one of the liveliest areas of Budapest’s 7th District!

A 35 m² brick-built apartment on the first floor of a residential building is for sale on Jósika Street. The apartment has an excellent layout, featuring a spacious, exceptionally bright, modern-design living room/bedroom, a separate kitchen and a bathroom. It is in excellent condition, and the complete furniture and appliances can be purchased for an additional HUF 1.5 million.

**WHY THIS PROPERTY IS AN EXCELLENT BUY**

**Individually registered unit with its own land registry number!**

- **AIRBNB PERMITTED:** Short-term rentals are permitted in the condominium, making this property an excellent investment opportunity.
- **Hassle-free maintenance:** Modern windows and external doors, replaced in 2026, featuring insect screens and roller shutters, a clean heating system and a security entrance door.
- **Modern heating and technical systems:** A heating and cooling air-conditioning unit ensures a comfortable indoor temperature all year round.
- **Exceptionally low utility costs:** The electricity bill is approximately HUF 3,500 per month, while water charges are only around HUF 700–1,600 per month. ONE Hungary TV and internet services are available in the building.
- **Maximum security:** The apartment entrance is additionally protected by a separate lockable security grille from the corridor. Inside the main entrance of the building, a magnetic-lock door system fitted with security grilles provides an additional barrier against unauthorised entry. The intercom system has also recently been replaced.
- **3.8-metre ceiling height:** The apartment is ideally suited for the installation of a mezzanine, if desired, further enhancing its already excellent sense of space.
- **Immediate rental income:** The apartment is currently occupied by a reliable tenant who would be happy to stay, if preferred.
- **Energy rating:** The existing documentation indicates an E–F rating. However, the external windows and entrance door have since been replaced, so the apartment’s energy performance is expected to have improved by one or two rating categories.

**FINANCIALLY SECURE BUILDING MANAGEMENT**

The condominium is undergoing continuous improvements. The replacement of the main vertical service pipes and the water supply network has already been completed, and the residents have approved the roof renovation.

The full cost of the planned works is already available in the building’s renovation reserve fund. This means no additional payment will be required from you, while the improvements are expected to contribute to the property’s future value appreciation.

The monthly common charge is only HUF 25,885, including the HUF 13,000 monthly contribution to the renovation reserve fund.

**AN OUTSTANDING CENTRAL LOCATION**

Situated on a quiet side street in the city centre, with no through traffic and parking spaces generally available, the apartment nevertheless offers easy access to virtually everything you need.

The M1 metro line, tram lines 4 and 6, trolleybuses, grocery stores (Lidl, Penny and SPAR), and the Klauzál Square Market Hall are all just a few minutes’ walk away.

Thanks to its proximity to major universities, including ELTE, Corvinus, Pázmány and BME, the area is an absolute favourite among tenants, making this property particularly attractive to investors.