Byty Budapešť✦For sale✦VIII. district

VIII. District · Budapešť

07 For sale: 2-bedroom apartment after complete renovation on Szigony utca, VIII. district, Budapest

Szigony utca, Budapešť

170 000 €

Area

—

Rooms

District

VIII.

Price

170 000 €

Property description

We offer for sale a 2-bedroom apartment in the modern VIII. district of Budapest, in the immediate vicinity of Klinikák metro station and bus lines. This apartment, located on the 1st floor of a 4-storey residential building, has undergone complete renovation including lowered ceilings, new electric boiler and air conditioning, ensuring maximum comfort.

Property features:

Size: 2 bedrooms

Complete renovation

Lowered ceilings

New electric boiler

Air conditioning for comfortable living year-round

Monthly costs: 85€

Price: 170 000 €

For investors, we offer guaranteed immediate rental to maximize return on investment. Do not hesitate and contact us for more information and to arrange a viewing of this high-yield property.

Location: Budapest, VIII. district

Area: 60m2

Floor: 1/4

Price: 170 000€

How buying works

Viewingin person or online video tour

Reservationreservation contract and deposit

Legal serviceHungarian lawyer, translations, title deed

Transferpurchase contract, land registry, keys

Rentalwe find a tenant and manage the flat

Investor FAQ

Can I buy a flat in Hungary as a foreigner?+

Yes. EU citizens buy property in Hungary without special permits. We handle the entire process including land registry and legal service; most signatures can be done remotely via power of attorney.

Can I finance the purchase with a mortgage?+

Hungarian banks effectively do not lend to foreign buyers — plan for an all-cash purchase. Many clients take a loan secured by property in their home country and act as cash buyers in Hungary, which is a negotiating advantage.

Who takes care of the flat while I live abroad?+

Our property management handles tenants, rent collection, minor repairs and statements. Your income arrives in euros with a monthly report by e-mail.

Return calculator — rent + value growth

We calculate returns from two sources: rental income and property appreciation over time.

Purchase price170 000 €

Monthly rent (estimate)780 €

Occupancy95 %

Annual costs (management, fees, tax)20 %

Annual property price growth8 %

Investment horizon10 years

Net rental yield

4,2 %

Total annual return

rent + price growth

12,2 %

Annual rental cash-flow

7 114 €

Property value in 10 yrs

367 017 €

Total profit over 10 years

rent 71 136 € + appreciation 197 017 €

+268 153 €

Full investment repaid

in ~7 years

Illustrative calculation, not financial advice. Hungarian banks effectively do not lend to foreigners — we assume an all-cash purchase.

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