Property Description:

We are offering for sale a property in need of complete renovation, but with outstanding potential, located in one of the most sought-after areas of Budapest's 13th district, at 51/B Váci út.

The property has excellent features and a well-thought-out floor plan with a ceiling height of 3.6 meters, providing an ideal basis for conversion into multiple apartments, office space, or rental property.

Main features of the property:

- Several rooms with separate entrances (between 6 m² and 27 m²), with easily separable spaces
- Large central corridor, ideal for separating each apartment
- 3.6 m ceiling height, which allows for the creation of a gallery or premium solutions that enhance the feeling of space
- Right to use a 9 m² storage room, which further increases the practicality and rentability of the property
- Separate kitchen, toilet, and storage room
- The property is listed on the title deed as having a floor area of 114 m², but the actual usable interior area is approximately 120 m², which provides a noticeable increase in terms of both space and functionality.
- The interior layout allows for
- the creation of 2-3 smaller apartments, or
- the creation of a multi-room, high-yield rental property

The property is currently in need of complete renovation, which also gives the new owner the opportunity to design the final function according to their own concept, maximizing value.

Location Description:

The property has excellent transport links: the M3 metro and tram line 1 stops are within walking distance, approximately 250 meters away, and several bus routes also offer quick alternatives. Váci út is one of the most dynamically developing axes in District XIII, where the concentration of office buildings, residential projects, services and transport hubs ensures continuous demand.

- Excellent public transport (M3 metro, buses, trams nearby)
- Quick access to the city center and northern districts
- Strong tenant demand (office workers, young people, students, expats)

This property is an ideal choice for:

- investors who are considering developing multiple apartments
- a project optimized for rental
- long-term value-adding renovation in a premium location

The combination of location, floor plan features, and convertibility is a rare combination that offers stable returns and a future-proof investment.

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