District Viii, Budapest, Hungary
£126,000
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
538 sq ft
50 sq m
Key features
- Prime location in Budapest's historic Palace District
- 37 m² loft-style apartment + 12-13 m² mezzanine
- 5.5 m ceilings, private courtyard patio
- Living/dining area, separate kitchen, bathroom, and storage
- Flexible mezzanine for extra sleeping area or storage
- Fully furnished and air-conditioned, move-in ready
- Surrounded by cafés, restaurants, shops, cultural venues, and universities
- High rental demand, ideal for investors
- Heritage building with character and low running costs
- Real Estate for Sale in Budapest
Description
English - Italiano - Espanol - Russian - Magyar
Located in Palotanegyed - the Palace District, one of Budapest's most atmospheric and rapidly up-and-coming neighborhoods. Known for its 19th-century palaces, leafy squares, elegant cafés, boutique hotels, and cultural institutions, the area combines historical charm with a youthful creative vibe.
This district is home to major universities such as Semmelweis University, ELTE, and others, ensuring steady rental demand. The Hungarian National Museum is only minutes away and historically this neighborhood even housed the early Hungarian Parliament, making it one of the most prestigious quarters of old Budapest.
Today, Palotanegyed is undergoing continuous revitalization and increasingly competing with District V as a central residential hotspot - making it highly attractive for investors.
For sale: a cozy loft-style apartment situated on József körút 59 in a beautiful, well-maintained 19th-century heritage builing designed by Hubert József and Móry Károly.
József körút is part of Budapest's inner Grand Boulevard - known for its centrality, excellent visibility, and outstanding transport connections.
--- Location Highlights ---
*Surrounded by restaurants, cafés, bars, boutique hotels, shops, and cultural venues
*Minutes to the Hungarian National Museum and several university campuses
*Excellent public transport: trams 4-6, multiple bus lines, and fast access to the city center
*A lively, walkable urban environment with strong rental demand from students, professionals, expats, and tourists
--- Property Features ---
*37 m² official size on the ground floor
*Additional 12-13 m² mezzanine thanks to a 5.5 m ceiling height
*Practical layout: living/dining area, separate kitchen, bathroom, storage room and lofted bedroom
*Small private courtyard patio, accessible from the kitchen
*Fully furnished and equipped, including air conditioning
*Dry, well-kept and move-in ready
*Potential to extend the mezzanine to create an additional sleeping area or extra storage
--- Why This Property Is a Strong Investment ---
1. Prime Location in the Heart of the Palace District. A centrally located boulevard property in a district undergoing continuous improvement - rising prestige, strong demand, and excellent appreciation potential.
2. High Rental Demand. Proximity to major universities + cultural attractions + public transport ensures steady occupancy for both long-term and short-term rentals.
3. Heritage Building Value. Turn-of-the-century architecture is increasingly scarce in Budapest's investor market, offering character and long-term appreciation.
4. Low Running Costs. Efficient upkeep and low operating expenses support attractive net rental yields.
5. Flexible Loft Layout. Mezzanine increases usable space beyond the official size - a valuable advantage in maximizing rental profits.
A charming, functional, and strategically located loft apartment in the historic Palace District, ideal for investors seeking strong rental returns, long-term appreciation, and a foothold in one of Budapest's most improving and culturally rich neighborhoods.
A rare opportunity to acquire a character property in a central, historic, and high-demand location - ready to use or rent out immediately.
Interested in this property? For further details or a private consultation, please don't hesitate to contact us:
William McKenna Consultants - Budapest
Christofer Pecoraro
36 30 472 3319
Our Services:
* Residential & Commercial Property Sales
* Rental & Property Management
* Interior Design & Renovation
* Legal Assistance & Purchase Permits
* Residence Permits
* Investment Advisory & Project Development
* Company Formation & Business Incorporation
* Corporate Representation
* Accounting & Financial Services
Located in Palotanegyed - the Palace District, one of Budapest's most atmospheric and rapidly up-and-coming neighborhoods. Known for its 19th-century palaces, leafy squares, elegant cafés, boutique hotels, and cultural institutions, the area combines historical charm with a youthful creative vibe.
This district is home to major universities such as Semmelweis University, ELTE, and others, ensuring steady rental demand. The Hungarian National Museum is only minutes away and historically this neighborhood even housed the early Hungarian Parliament, making it one of the most prestigious quarters of old Budapest.
Today, Palotanegyed is undergoing continuous revitalization and increasingly competing with District V as a central residential hotspot - making it highly attractive for investors.
For sale: a cozy loft-style apartment situated on József körút 59 in a beautiful, well-maintained 19th-century heritage builing designed by Hubert József and Móry Károly.
József körút is part of Budapest's inner Grand Boulevard - known for its centrality, excellent visibility, and outstanding transport connections.
--- Location Highlights ---
*Surrounded by restaurants, cafés, bars, boutique hotels, shops, and cultural venues
*Minutes to the Hungarian National Museum and several university campuses
*Excellent public transport: trams 4-6, multiple bus lines, and fast access to the city center
*A lively, walkable urban environment with strong rental demand from students, professionals, expats, and tourists
--- Property Features ---
*37 m² official size on the ground floor
*Additional 12-13 m² mezzanine thanks to a 5.5 m ceiling height
*Practical layout: living/dining area, separate kitchen, bathroom, storage room and lofted bedroom
*Small private courtyard patio, accessible from the kitchen
*Fully furnished and equipped, including air conditioning
*Dry, well-kept and move-in ready
*Potential to extend the mezzanine to create an additional sleeping area or extra storage
--- Why This Property Is a Strong Investment ---
1. Prime Location in the Heart of the Palace District. A centrally located boulevard property in a district undergoing continuous improvement - rising prestige, strong demand, and excellent appreciation potential.
2. High Rental Demand. Proximity to major universities + cultural attractions + public transport ensures steady occupancy for both long-term and short-term rentals.
3. Heritage Building Value. Turn-of-the-century architecture is increasingly scarce in Budapest's investor market, offering character and long-term appreciation.
4. Low Running Costs. Efficient upkeep and low operating expenses support attractive net rental yields.
5. Flexible Loft Layout. Mezzanine increases usable space beyond the official size - a valuable advantage in maximizing rental profits.
A charming, functional, and strategically located loft apartment in the historic Palace District, ideal for investors seeking strong rental returns, long-term appreciation, and a foothold in one of Budapest's most improving and culturally rich neighborhoods.
A rare opportunity to acquire a character property in a central, historic, and high-demand location - ready to use or rent out immediately.
Interested in this property? For further details or a private consultation, please don't hesitate to contact us:
William McKenna Consultants - Budapest
Christofer Pecoraro
36 30 472 3319
Our Services:
* Residential & Commercial Property Sales
* Rental & Property Management
* Interior Design & Renovation
* Legal Assistance & Purchase Permits
* Residence Permits
* Investment Advisory & Project Development
* Company Formation & Business Incorporation
* Corporate Representation
* Accounting & Financial Services
District Viii, Budapest, Hungary
NEAREST AIRPORTS
Distances are straight line measurements- Budapest Ferenc Liszt(International)9.2 miles
Notes
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This is a property advertisement provided and maintained by William McKenna Consultants, Budapest (reference JozsefKrt59) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.