Dormitory with 8 Flats as an Interesting Investment in Good Location in Budapest for Sale (Off Market)

For Sale, PRICE UPON REQUEST


Property Type : Apartment

Property Style : N/A

Build Size : 2,066 ft² / 192 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

A large-scale property with 8 flats is offered for sale in the 10th district of Budapest. Location and InfrastructureThe 10th district (Kőbánya) is located in the well-connected eastern part of Pest. The property benefits from excellent accessibility by both car and public transport.Public transport connections:•
Several bus lines•
Metro line M3 (terminal station nearby)•
Regional and long-distance railway connection in close proximityShopping facilities, restaurants, and all daily infrastructure are located in the immediate surroundings.Property DescriptionThe property consists of three buildings:•
Main building with basement (dormitory)•
Two auxiliary buildings (approx. 390 m² and 220 m²), currently rented as storagePlot size: approx. 8,100 m²Total usable area: approx. 11,500 m²Year of construction: 1960Modernizations and upgrades:•
Interior general renovation: 2022/2023•
Ongoing technical upgrades•
New technical building constructed in 2024•
Roof-mounted solar system•
New windows and roof insulationThe property is in good overall condition.Capacity and Layout•
8 floors•
24 rooms per floor•
Total: 192 rooms•
Capacity: approx. 700 beds•
2- and 3-bed room configurationsShared facilities:•
Communal sanitary areas on each floor•
Total of 72 showers and 70 toilets•
8 fully equipped shared kitchens with dining areas•
8 laundry rooms with 40 washing machines and 8 dryers•
Reception with electronic access control system•
Camera surveillance•
Central fire alarm system•
Space for a small shop at the entrance•
Wi-Fi throughout the buildingRoom Equipment•
Beds (90 × 200 cm)•
Table and chairs•
Wardrobe•
Refrigerator with freezer compartment•
Curtains including blackout•
LED lighting•
Wall-mounted TV•
Multiple power outlets per roomUse The property was operated as a workers’ dormitory until the end of 2025.The property is currently vacant due to adaptation works for a planned student dormitory.From January 2027, the building is planned to operate as a student residence or alternatively again as a workers’ dormitory.Purchase ConditionsPurchase price: EUR 9,400,000Transaction structure: Share dealBuyer’s commission: 4% plus statutory VATAdditional costs: Legal fees and government chargesFor further information or to arrange a viewing, we will be pleased to assist you.
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Dormitory with 8 Flats as an Interesting Investment in Good Location in Budapest for Sale, Hungary is a 2,066ft² Hungary luxury Apartment listed for sale PRICE UPON REQUEST. This high end Hungary Apartment is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Hungary or search for luxury properties for sale in Hungary.