B23Commercial unitUnder renovation

Viola utca, 28 m²

Budapest, District IX, Viola utca

HUF 30M

  • HUF 30Mprice (fixed)
  • 28 m²floor area
  • HUF 250kexpected monthly rent
  • 10.0%estimated gross yield

About the property

In a sought-after, continually developing part of Budapest's District IX, on Viola utca, we are offering for sale a 28 m² semi-basement commercial property with windows. Its practical layout and versatile potential uses make it an excellent choice for both personal use and investment.

The price of the property also includes the full renovation, so the new owner can take possession of a modern, attractively designed property with up-to-date technical specifications.

The renovation includes complete renewal of the electrical, water and drainage systems, with particular attention paid to practical use of space and a high-quality interior design.

A special advantage is that, depending on the current phase of the renovation work, the interior layout and certain design details can be tailored to the future owner's individual requirements.

The windows provide natural light, further enhancing the comfort and practical value of the property.

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 Budapest's District IX, with a full renovation included in the purchase price, customisable interiors and a favourable location!

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

The 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
B23
Location
Budapest, District IX, Viola utca
Floor area
28 m²
Classification
Commercial unit
Layout
Multifunctional commercial unit
Condition
Undergoing full renovation

Payment and financing

Instalments · HUF 20–40 million

Up to 24 months

Instalments over up to 24 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 30,000,000
Price per m²
HUF 1,071,429
Expected rent
HUF 250,000/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 IX, Viola utca · the exact address will be confirmed at the viewing

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HUF 30M · B23

Viola utca, 28 m²

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