A15Commercial unitUnder renovation

Dévai utca, 19 m²

Budapest, District XIII, Dévai utca

HUF 20M

  • HUF 20Mprice (fixed)
  • 19 m²floor area
  • HUF 200kexpected monthly rent
  • 12.0%estimated gross yield

About the property

In a sought-after part of District XIII of Budapest with excellent infrastructure, on Dévai utca, we are offering for sale a 19 m² semi-basement commercial property with a window; with its practical layout and favourable features, it offers a great investment opportunity.

The property is under renovation, and the price includes the full renovation, so the new owner takes possession of a modern, attractively finished, renewed property.

The window provides natural light, while the high, 3-metre ceiling creates a spacious, airy feel. The planned renovation will pay particular attention to optimal use of the floor area, up-to-date technical solutions and high-quality interiors.

The favourable location of the area and the nearby shops, services and public transport links further increase the property's appeal, making it a noteworthy opportunity as a long-term investment too.

The property has a separate entrance and its own utility meters, making it easy to use and maintain. During the full renovation, the electrical, water and drainage systems were renewed, and modern waterproofing technology was applied.

The modern, fully equipped sanitary room is included in the purchase price. The practical layout and high-quality interior provide a comfortable, highly usable space.

The contractor provides a 1-year warranty on the renovation work carried out, which offers additional security for the future owner.

An excellent investment opportunity in District XIII of Budapest, with a 3-metre ceiling height, a full renovation included in the purchase price, a favourable location and versatile potential uses!

Ground-floor or lower-ground-floor location? Discover our proprietary waterproofing and the warranty

Property under renovation. Instead of photos, we show the planned floor plan. The floor plan is for information only; the final layout will follow the technical specifications agreed in the contract.

Key details

Reference
A15
Location
Budapest, District XIII, Dévai utca
Floor area
19 m²
Classification
Commercial unit
Layout
Multifunctional commercial unit
Condition
Under renovation; the price includes the renovated condition

Payment and financing

Instalments · Up to HUF 20 million

Up to 12 months

Instalments over up to 12 months.

The initial payment, the total purchase price payable and the payment schedule are set out in advance in the contract.

Non-residential classification

Property classification: Commercial unit. We do not restrict how properties classified as non-residential may be used.

An investment that works for you every month

Once you buy, there is nothing more to do about the renovation: the finished property can be let, and the rent arrives every month. An estimated gross yield of 12.0% is an outstanding ratio on the Budapest property market.

Price (fixed)
HUF 20,000,000
Price per m²
HUF 1,052,632
Expected rent
HUF 200,000/month
Estimated gross yield
12.0%

The amount shown is the expected monthly rent at which the property can be let once it is completed and furnished.

Indicative calculation – excluding utilities, taxes and void periods.

Location

Budapest, District XIII, Dévai utca · the exact address will be confirmed at the viewing

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HUF 20M · A15

Dévai utca, 19 m²

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