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P-05 Ground Floor Apartment with Gallery in City Center

147 000 €
5 069 € / m²
Area
29 m²
Rooms
District
.
Price
147 000 €
Price / m²
5 069 €

Property description

Budapest – District VII (Erzsébetváros) Excellent Location on the Boulevard | Ideal for Rental

We offer for sale a 29 m² ground floor apartment with gallery in downtown Budapest, just a few steps from the Erzsébet Boulevard / Király street. Thanks to its location and layout, this is an easily rentable property with strong future potential.

🏠 Key Information Apartment Area: 29 m²

Gallery: approx. 8.5 m² (height approx. 150 cm)

Ceiling Height: 3.6 m

Floor: Ground Floor

Bathroom: 1 (with WC)

Orientation: Southwest

View: Inner Courtyard

Light Conditions: Medium (bright afternoons)

🔧 Condition and Technical Details Heating: Gas convector

apartment is in average technical condition

flooring may require renovation

sold unfurnished

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
6 110 €
Property value in 10 yrs
317 362 €
Total profit over 10 years
rent 61 104 € + appreciation 170 362 €
+231 466 €
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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