Condominium in need of renovation in the 7th district of Budapest (Off Market)

For Sale, EUR 208,000


Property Type : Apartment

Property Style : N/A

Build Size : 538 ft² / 50 m²

Land Size : N/A

Bedroom : 2

Bathroom : 1

Half Bathroom : 0

MLS#: N/A


Property Description

A bright 50 m² apartment near the Örkény Theatre is for sale in 1070 Budapest.LocationLocated in the vibrant center of Pest, right by the Örkény Theatre, just a one-minute walk from the lively Király Street and Deák Ferenc Square, with excellent transport connections. Despite its central location, the apartment is very quiet, facing a spacious, tree-surrounded inner courtyard – offering real tranquility in the heart of Pest.Property DescriptionThe apartment is on the 5th floor of a well-maintained building, with the entrance from Rumbach-Sebestyén utca.Large windows along the façade bring in plenty of natural light, creating a bright and airy living atmosphere.Current layout:•
Entrance hall•
Storage room•
Kitchen•
Two interconnected rooms•
Wardrobe•
BathroomThe floor plan offers excellent renovation potential. A renovation could create a spacious open-plan living area with an American kitchen while retaining a separate bedroom of nearly 20 m², perfectly suited for modern urban living.Highlights•
Quiet location despite central position•
Large, bright windows•
Flexible floor plan•
Ideal for city lovers or investorsRenovation and ServicesUpon purchase, the real estate agency can arrange professional renovation services to transform this apartment near Madách Square into a gem.Administration and CostsManaged by a well-organized homeowners’ associationMonthly community fee: 32,000 HUF (~85 EUR) including water and heatingSales ConditionsSold via: ImmoTrading GmbH on behalf of a business partnerAfter submitting a LOI (Letter of Intent), contact with the business partner will be establishedPriceSale Price: 208,000 EUR (negotiable)Additionally: 4% commission + legal fees + government taxesConclusion:A unique opportunity for those who want to enjoy the vibrant city life without compromise while appreciating the tranquility of a private home. Also an excellent investment opportunity with strong potential for value increase through renovation.For further questions or to arrange a viewing, please feel free to contact us.
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Condominium in need of renovation in the 7th district of Budapest, Hungary is a 538ft² Hungary luxury Apartment listed for sale EUR 208,000. This high end Hungary Apartment is comprised of 2 bedrooms and 1 baths. Find more luxury properties in Hungary or search for luxury properties for sale in Hungary.