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VIII. District · Budapešť

MODERN LIVING: Fully Renovated 68 m² Apartment on Práter Street

201 600 €
2 965 € / m²
Area
68 m²
Rooms
2
District
VIII.
Price
201 600 €
Price / m²
2 965 €

Property description

We offer for sale a stylish, fully renovated 2-bedroom apartment with an area of 68 m² in the heart of the sought-after VIII. district, on Práter utca. The apartment is located on an elevated ground floor, ensuring comfortable access while maintaining plenty of privacy.

Apartment Parameters and Amenities:

Area: 68 m²

Condition: Complete renovation – the apartment is ready for immediate move-in without any further investment.

Layout: 2 large, bright rooms, spacious bathroom, separate toilet, and practical storage room (pantry).

Interior: High-quality new floating floor throughout the entire apartment.

Windows: Original wooden windows that give the apartment character and excellent insulation properties.

Outstanding Investment Opportunity

Thanks to its location on Práter utca and fresh renovation, this is a property with high appreciation potential. The area is a magnet for young professionals and students, guaranteeing excellent liquidity and stable rental income.

What's Nearby?

The Corvin-negyed location ranks among Budapest's most modern neighborhoods:

Shopping and Leisure: Just a few minutes' walk from Corvin Plaza shopping center and the popular Corvin sétány promenade with numerous cafés.

Education: In close proximity is the prestigious Semmelweis University and other faculties.

Transportation: Perfect connectivity via the M3 and M4 metro hub, plus 24-hour tram lines 4 and 6.

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
8 390 €
Property value in 10 yrs
435 239 €
Total profit over 10 years
rent 83 904 € + appreciation 233 639 €
+317 543 €
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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