Szondi utca, 41 m²
Budapest, District VI, Szondi utca
HUF 48M
1 / 1
- HUF 48Mprice (fixed)
- 41 m²floor area
- HUF 400kexpected monthly rent
- 10.0%estimated gross yield
About the property
In Budapest's District VI, on Szondi utca, we are offering for sale a 41 m² semi-basement commercial property with windows, with a full renovation included in the price.
Prime location: the property is close to Heroes' Square, in one of Budapest's best-known and most sought-after areas, with easy access to City Park, Andrássy Avenue and the city centre.
The renovation will include new electrical wiring, water supply and drainage systems, while the interior layout and the floor and wall finishes can be tailored to your needs. This allows the new owner to have a modern, attractive interior created to suit the intended use. The windows and the transparent renovation budget may be appealing features for investors.
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.
Ground-floor or lower-ground-floor location? Discover our proprietary waterproofing and the warrantyProperty 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
- C04
- Location
- Budapest, District VI, Szondi utca
- Floor area
- 41 m²
- Classification
- Commercial unit
- Layout
- Multifunctional commercial unit
- Condition
- Under renovation
Payment and financing
Instalments · HUF 40–60 million
Up to 36 months
Instalments over up to 36 months, by individual agreement.
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 10.0% is an outstanding ratio on the Budapest property market.
- Price (fixed)
- HUF 48,000,000
- Price per m²
- HUF 1,170,732
- Expected rent
- HUF 400,000/month
- Estimated gross yield
- 10.0%
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 VI, Szondi utca · the exact address will be confirmed at the viewing
The map shows the area around the street and is loaded from Google Maps. When it loads, Google may set cookies.
