Budapest XI. kerület, Kende utca 7. For sale brick apartment

A Rare Opportunity in the Heart of Lágymányos – 86 m², Bright, Accessible, Spacious Apartment That Can Be Converted into Two Units!

In one of Budapest’s popular neighborhoods, Lágymányos, at 7 Kende Street, we offer for sale an 86 m², 3-room plus hall apartment that is bright, quiet, in good condition, accessible, and features two balconies.

Apartments of this size remaining as a single unit are rare in the area. The 86 m² property has not been divided yet, giving the new owner the freedom to keep the spacious open home or, taking advantage of its layout, convert it into two separate living units. This is especially appealing for those seeking a large living area while valuing the option for future transformation and utilization.

The apartment has two balconies, further enhancing its usability and providing a pleasant connection to outdoor space.

Key features of the property:

• 86 m²
• 3 rooms plus hall, all separate rooms
• 2nd floor, elevator
• Brick-built condominium
• East–west orientation
• Bright and quiet
• Accessible
• 2.9 m ceiling height
• Good condition
• Free of encumbrances
• Includes one private and one shared storage room in the basement

Shared Garden – A Green Oasis in the City

One special advantage of the condominium is its own shared garden area, accessible to all residents. This is an excellent spot for relaxation, unwinding, or enjoying a quiet coffee without leaving the building. Having a private garden in a centrally located, highly frequented area is a valuable bonus.

Well-Maintained, Continuously Upkept Building

Built in the 1930s, this four-story building has recently undergone the replacement of water, electricity, and gas pipes, as well as a complete roof structure renovation. The condominium is currently planning to apply for funding to renovate the exterior facade, ensuring further value-enhancing upgrades are on the way.

An Excellent Opportunity for Investors as Well

The apartment is currently rented out continuously through with a current guest rating of 8.9. Upon request, the current owner can transfer the existing Booking contract seamlessly, allowing the new owner to immediately continue using the apartment as an investment property.

Detailed income and expense data related to the rental can be provided in person for serious inquiries!

Affordable Maintenance Costs

Monthly common charges are 28,900 HUF, covering, among other things, the renovation fund, waste management, and basic building expenses. Heating and hot water are provided by a gas boiler. The current monthly gas flat rate is between 6,000 and 8,000 HUF. The apartment is equipped with certified water meters. Internet and cable TV services are currently available through the One network.

Prime Location – Close to Universities and Business Centers

The apartment is situated in a highly sought-after yet quiet part of Lágymányos, near BME and Infopark. Móricz Zsigmond Square is only about an 8-minute walk away, offering quick and convenient access to many parts of Budapest via the M4 metro line. The neighborhood boasts excellent everyday infrastructure with general practitioners, pharmacies, shops, shopping facilities, kindergartens, schools, and universities all within easy reach.