C08Commercial unitUnder renovation

Szondi utca, 47 m²

Budapest, District VI, Szondi utca

HUF 50M

  • HUF 50Mprice (fixed)
  • 47 m²floor area
  • HUF 420kexpected monthly rent
  • 10.1%estimated gross yield

About the property

Semi-basement with window

A 47 m² semi-basement commercial property with windows on Szondi utca in Budapest's District VI. The price includes a full renovation with new electrical wiring, water supply and drainage systems. The interior layout and the floor and wall finishes can be tailored to your needs during the renovation.

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 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 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
C08
Location
Budapest, District VI, Szondi utca
Floor area
47 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 10.1% is an outstanding ratio on the Budapest property market.

Price (fixed)
HUF 50,000,000
Price per m²
HUF 1,063,830
Expected rent
HUF 420,000/month
Estimated gross yield
10.1%

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

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HUF 50M · C08

Szondi utca, 47 m²

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