Property Renovation Project – Felsőerdősor Utca, Budapest Ref.: 723637 

Beschreibung

Investment Opportunity with Restoration Project in Central Budapest

A unique investment opportunity is offered for sale — an apartment complex located in the prestigious District VI of Budapest, close to the city center. The project involves complete renovation of the existing buildings while preserving the historical façade and transforming the site into a modern residential complex.

Key Features of the Project After Renovation:

• Total plot area: 481 m²

• Total built-up area: 1,257 m²

• Number of apartments: 35 (each 22–25 m²)

• Commercial space (café): 43 m²

• Rooftop terrace: 42 m²

• Inner courtyard: 100 m²

• Façade status: Historical façade to be preserved

• Permits: Fully approved building permit and project documentation

Location:

The property is situated in the historic center of Budapest, in District VI — a highly desirable residential and investment area.

• Distance to city center: approx. 15 minutes

• Nearest metro station: Kodály körönd, 5 minutes on foot

• Distance to airport: 21 km (30–40 minutes by transport)

Infrastructure:

Within walking distance:

• Shops (3–10 minutes)

• School (5 minutes)

• Cafés, bars, restaurants

• Public transport connections

The project is offered for sale in its current condition. After purchase, the new owner will carry out the restoration of the property independently, following the approved project and the valid building permit.

This property offers an excellent investment opportunity for those seeking a high-potential asset in one of Budapest’s most sought-after districts.

Purchase Price: €1.7 million + VAT