Property listing · For sale · Residence · Property no. 2373/1936

Renovation-Required Apartment for Sale in an Excellent Location in Budapest

Hungary

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Living area87 m²
Rooms3
Bathrooms1
Conditionrefurbishment needed
Property typeResidence
UseResidential
CountryHungary
Commission4% of purchase price plus 27% VAT

Description

In 1080 Budapest, on Orczy Street, a spacious 87 m² condominium apartment is for sale, located directly at an important transport hub.

Property Description

The current layout includes:

• Two large rooms

• One smaller room (currently with a sleeping gallery)

• Kitchen

• Pantry

• Bathroom

• Separate toilet

The apartment offers excellent potential for reconfiguration and value enhancement. It can be divided into two separate residential units (e.g. studio + living/sleeping unit), making it an ideal investment property.

A second entrance door next to the kitchen, close to the main entrance, has been retained and is currently unused – a significant advantage for a possible division.

Condition

• Four street-facing windows have already been replaced with modern plastic windows

• Electrical installations and fuse box have been renewed

• Bathroom and toilet were renovated a few years ago

Apart from these improvements, the apartment requires renovation and offers outstanding opportunities for individual design.

Building

The apartment is located in a well-maintained residential building with an elevator.

Both entrances to the apartment are not accessed via a corridor but are located directly opposite the elevator.

Renovation and Services

Upon purchase, the real estate agency commissioned with the sale can arrange professional renovation services to transform this apartment on Orczy Street into a true gem.

Sales Conditions

• Sale via: ImmoTrading GmbH on behalf of a business partner

• After submission of a LOI (Letter of Intent / written expression of interest), contact with the business partner will be established

Price

• Sale price (negotiable): EUR 234,000

• Additionally: 4% commission + legal fees + government taxes

For further questions or to arrange a viewing, please feel free to contact us.

Features

passenger elevator, underground station close by, customisable rooms, Brick

↗ Open surroundings in Google Maps

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