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VIII. District · Budapešť

For Sale: 102 m² Apartment on Népszinház utca with Option for 3 Independent Units

Népszinház utca, Budapešť
283 500 €
2 779 € / m²
Area
102 m²
Rooms
4
District
VIII.
Price
283 500 €
Price / m²
2 779 €

Property description

Looking for a property that maximizes your returns? We offer a generously proportioned 4-room apartment of 102 m² in the heart of Budapest, on Népszinház utca (VIII District). The apartment is located on the 3rd floor of 4 and represents an ideal project for an experienced investor.

Key Features of the Property: Area: 102 m² of net space with enormous potential.

Investment Potential: The apartment's layout allows for division into up to 3 independent 1-bedroom units, tripling the efficiency of your rental income.

Ceiling Height: Monumental 3.6 m – perfect for creating sleeping lofts, further maximizing your usable space.

Original Condition: The apartment is in its original state, allowing you complete renovation according to your target market's needs (tourists, students, or long-term tenants).

Technical Details: Private gas boiler and original wooden windows that lend the space a historic atmosphere.

Why Budapest's VIII District? The Népszinház utca location is renowned for its strategic position and growing value: Accessibility: Excellent public transport connections (trams, Metro Blaha Lujza tér and Keleti pályaudvar within reach).

Services: The area features the popular Rákóczi tér market, countless restaurants, cafés, and complete civic amenities.

Exceptional Investment Opportunity: Given demand for rental housing in this location, this property offers rapid returns.

Your Investment in Safe Hands – "Turnkey" Services We understand that renovation abroad can be challenging. That's why we handle everything, so you can focus purely on profits: Complete Renovation: We'll renovate the apartment according to the approved design plan (including subdivision into 3 residential units).

Tenant Management: We'll find and vet creditworthy tenants for all units.

Property Management: We manage your property – handling maintenance, rent collection, and tenant requests.

Property Price: 283 500 € Location: Népszinház utca, VIII District Area: 102 m2 Floor: 3/4 (elevator access) Price: 283 500€ Contact: +421 911 011 287 Email: info@bytybudapest.sk

How buying works

01
Viewingin person or online video tour
02
Reservationreservation contract and deposit
03
Legal serviceHungarian lawyer, translations, title deed
04
Transferpurchase contract, land registry, keys
05
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.

Net rental yield
4,2 %
Total annual return
rent + price growth
12,2 %
Annual rental cash-flow
11 856 €
Property value in 10 yrs
612 055 €
Total profit over 10 years
rent 118 560 € + appreciation 328 555 €
+447 115 €
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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