FOR SALE: 89 SQM APARTMENT REQUIRING RENOVATION ON KIRÁLY STREET, DISTRICT VI

Located in Budapest’s District VI, near Lövölde Square, this 89 sqm grand bourgeois apartment is for sale. The property is situated on the third and top floor and includes a 12 sqm standing gallery.

The 4-meter ceiling height, spacious rooms and flexible layout offer excellent potential for creating a private residence or a long-term investment. The apartment requires renovation, allowing the new owner to redesign it according to their own needs and preferences.

Key features

- 89 sqm + 12 sqm standing gallery

- Approximately 958 sq ft + 129 sq ft standing gallery

- Third floor, top floor

- 2 rooms + half-room

- Nearly 4-metre ceiling height

- Northeast-facing, with street views

- Gas central heating with an approximately 5-year-old condensing boiler

- Lined chimney

- Parquet flooring in good condition

- Older electrical wiring and windows; modernisation is recommended

- Common costs: approximately HUF 26,000/month, including water charges

- No lift

- Unencumbered, sole ownership

Flexible layout

The main rooms of the apartment include a 30 sqm and a 20 sqm room, a 9 sqm half-room, and a 14 sqm entrance hall. The property also includes a kitchen, bathroom, separate toilet, pantry and standing gallery.

The layout can be adapted in several ways. With suitable reorganisation, the apartment could be converted into a 4–5-room property optimised for room-by-room rental, while also offering the possibility of creating several independent living units.

Building and location

The well-maintained condominium’s roof structure was renovated in 2024. Parking spaces can be rented in the underground garages of nearby buildings.

Thanks to the excellent public transport connections and the universities located nearby, the apartment is also an excellent option for long-term rental, particularly for students and young professionals.

The City Park, Heroes’ Square, Andrássy Avenue and the Grand Boulevard can all be reached within a few minutes. The area offers a wide range of shops, restaurants, cafés and public transport options, including trolleybus lines 70, 73, 76 and 78, bus lines 105, 210 and 210B, as well as night bus lines 910 and 912.

Asking price: HUF 81,500,000 (~EUR 207,000)

Please feel free to contact me with any questions or to arrange a viewing