Práter utca, 7 m²
Budapest, District VIII, Práter utca
HUF 10M
1 / 3
- HUF 10Mprice (fixed)
- 7 m²floor area
- HUF 100kexpected monthly rent
- 12.0%estimated gross yield
About the property
In a dynamically developing part of Budapest's District VIII, on Práter utca, we are offering for sale a 7 m² lower-ground commercial property currently under renovation. Its compact size and unique layout options make it an excellent investment opportunity.
The property consists of a single open space; the renovation will create an inviting vaulted interior and a separate, compact sanitary room. Thanks to the practical use of space, the premises can be converted into a modern service space with a distinctive character.
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 VIII of Budapest, with a distinctive vaulted design, interiors being renewed and versatile options for business use!
Ground-floor or lower-ground-floor location? Discover our proprietary waterproofing and the warrantyThe gallery also contains visualisations. A visualisation is an illustration; the final layout will be delivered in line with the technical specification undertaken in the contract.
Key details
- Reference
- A03
- Location
- Budapest, District VIII, Práter utca
- Floor area
- 7 m²
- Classification
- Commercial unit
- Layout
- Multifunctional commercial unit
- Condition
- Under renovation
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 10,000,000
- Price per m²
- HUF 1,428,571
- Expected rent
- HUF 100,000/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 VIII, Práter utca · the exact address will be confirmed at the viewing
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