A renovated 32 m² apartment located in the prestigious Palace Quarter in Budapest’s 8th district (Józsefváros) is offered for sale.The property is situated in Gyulai-Pál Street, directly next to a university and within close proximity to the city center.The street-facing apartment offers the following layout:•
living room with kitchenette•
1 bedroom•
1 bathroomThe ceiling height of approx. 3.20 m creates a spacious living atmosphere and allows the possibility of installing a gallery level.The apartment was fully renovated in 2024 and is in modern technical and aesthetic condition.Since 2025 the property has been rented to a reliable tenant, with the current lease running until June 2026.This makes the apartment an ideal investment property with immediate rental income, while also offering the possibility of future owner occupancy.LocationBudapest’s 8th district – Józsefváros has undergone significant development in recent years and has become one of the most dynamic and rapidly improving areas of the city.The Palace Quarter (Palotanegyed) is particularly well known for its elegant historical buildings, renovated public spaces and vibrant urban lifestyle.Several universities, including the renowned Semmelweis University, are located nearby, ensuring a constant demand for rental properties.Public TransportThe Blaha Lujza Square is within walking distance and provides excellent public transport connections:•
metro lines M2 and M4•
tram lines 4 and 6•
several bus linesNoteThis property is offered for sale on behalf of a business partner by ImmoTrading GmbH.After submission of a Letter of Intent (LOI), contact with the responsible sales partner will be established.Purchase priceEUR 153,000plus•
4% brokerage commission•
legal fees•
government taxesThe price is based on the exchange rate valid at the time of advertisement.For further questions or to arrange a viewing, we are happy to assist you.