PROPERTY ADVERTISEMENT (ENGLISH)
A Zugló Rarity! Suitable for a 2-Generation Family Home + Commercial Space for Business. Eligible for the 3% subsidized loan. For sale directly by the owner. Real estate agents, please DO NOT contact me!
Located on a corner lot on Fogarasi út, in the popular Alsórákos area of Zugló (14th district), this exceptionally versatile property offers immense potential. The total area is 190 sqm (+ 95 sqm loft ready for conversion), split into a 95 sqm upper-ground floor and a 95 sqm semi-basement level.
This property is the perfect choice for those who want their home and business in one location, families looking for multi-generational living, or investors. The units can be utilized completely independently, meaning the rental income can easily cover your entire mortgage payment!
Key Advantages:
Excellent Accessibility & PARKING: A rare treasure in Zugló! Directly in front of the business entrance, there is a paved, free parking area for 4–5 cars, plus space for an additional 3 cars along the street front. Vehicles can also park inside the courtyard through the electric main gate.
Separable Levels: The residential floor and the semi-basement commercial space have entirely separate entrance gates and divided garden areas. However, they can also be interconnected via the internal staircase if required.
Property Layout & Details:
1. Residential Level (95 sqm, Upper-Ground Floor):
Currently inhabited, featuring a highly functional layout that awaits modernizing.
Layout: Spacious living room with a dining area, 2 separate bedrooms, kitchen, bathroom with a shower cabin, separate toilet, and the staircase.
Features: Double-glazed wooden windows and a cooling-heating inverter AC ensure year-round comfort.
2. Semi-Basement: Commercial Space (95 sqm):
A bright, well-lit level with full-value ceiling height and standard-sized windows, fully equipped with all public utilities and 3-phase electricity. It previously operated as a cozy family restaurant (with an inviting covered terrace in the garden, which can easily be restored) and then as a commercial delivery kitchen for 10 years. It currently requires full renovation/remodeling, allowing the new owner to tailor it precisely to their business needs (office, dental or medical clinic, retail shop, workshop, catering, beauty salon, etc.).
3. Loft / Attic – Endless Opportunities (95 sqm):
The attic conversion has already been initiated by the current owners: the roof structure has been raised, the floor level is completely insulated, and the structure is fully waterproof and leak-free.
Side walls have not yet been built because the owner envisioned a large-scale glass façade. A 3D visual design has been prepared for this concept (see among the photos) – a modern, panoramic, luxury living space or an exclusive executive office can be created here!
Technical & General Data:
Plot Size: 355 sqm (registered as a residential house and courtyard).
Construction Material: Brick.
Heating: Combination gas boiler with radiator heating panels (fully installed on the semi-basement level as well).
Extras: Electric main gate, 3-phase power supply, and a high-exposure location with outstanding advertising/signage value.
Moving in / Handover: Quick handover within 30 days.
Neighborhood & Location:
Zugló is a green district directly neighboring the city center. The Örs vezér tere metro station, Keleti railway station, train stations, and the HÉV suburban train are all easily accessible. It offers the peace of a residential neighborhood without the congestion of downtown. This makes it a perfect business hub, sitting right between the bustling city center and the suburban garden areas.
Furthermore, it combines the features of a highly livable neighborhood: a massive park is just a one-minute walk away, complete with a playground and ping-pong tables. The Rákos-patak running and walking trail, kindergartens, schools, green belts, and a pediatric clinic are all nearby. Everything is given for a perfect home and a successful business.
Yes, I am fully aware that the property requires investment (modernization, renovation, and loft completion), but it is a truly remarkable investment where you can simply "walk downstairs to work" in the morning. When it comes to utilization, the sky is the limit.
Do not miss out on this rare opportunity in Zugló! Whether you want to realize your own dream or you are an investor looking for a stable yield, this property is ready for any scenario.
Call me today to arrange a personal viewing and explore the endless potential yourself!

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