For sale is a four-storey apartment house built in 1894 in an eclectic style with an inner courtyard. It is located in the heart of Budapest. The outside area of this property is under monument protection. Note: The apartments in the upper courtyard are privately owned and are not for sale. History Initially, the building was planned / built as an apartment building with retail and office spaces on the lower floors, as well as apartments on the upper floors. Well-known tenants include the heart specialist Dr. György Götzlégen and Dr. Endre Kollár, Member of the Hungarian Parliament. Note: The ground floor area with its high ceilings and large street windows can be redesigned and completely renovated when the last tenant moves out. The entire inner courtyard (incl. elevator) of the 2/3 corner building, as well as 2 further residential units on the 4th floor, can also be redesigned and completely renovated. With the submission of a reconstruction plan to the responsible building authority of the 5th district, there is the possibility of building apartments, offices, a boutique hotel with 35, 52 or 72 rooms. The purchase price for this historic building in the 5th district of Budapest is currently € 6,200,000 plus 4% buyer´s commission and state taxes. Location / infrastructure The building is located in the heart of Budapest in Lipotvaros. All important state institutions such as the Hungarian Parliament, the Supreme Court, the Public Prosecutor´s Office and the majority of government offices are in the immediate vicinity. Institutions for science, education and culture, as well as numerous financial institutions are also located in the 5th district of Budapest. These include: • the Hungarian Academy of Sciences • the Eötvös Lóránd University • the Hungarian National Bank • the former central building of the Hungarian television • the Pesti Vigadó, theaters and museums.