Bright Apartment in Historic Building Near the Danube

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An attractive opportunity to acquire a bright, spacious apartment with historic character in one of Budapest's most stable and highly regarded residential districts.

Located on Heged s Gyula utca 20, this 70 m² apartment sits on the 3rd floor of a well-maintained early 20th-century building in the heart of Újlipótváros - a neighborhood prized for its livability, green spaces, and long-term investment performance.



Prime Residential Location

* Approx. 5-minute walk to the Danube embankment and Szent István Park, one of the city's most popular green areas with playgrounds and sports facilities

* Less than 10 minutes on foot to WestEnd City Center, one of Budapest's largest shopping malls

* Around 15 minutes' walk to the Hungarian Parliament

* Excellent public transport connections and full everyday infrastructure nearby

This location offers a rare balance: central, yet calm and residential - a key driver of consistent demand from tenants and owner-occupiers alike.



About the Building

* Elegant early 1900s residential building in good condition

* New elevator

* Preserved original architectural details

* Well-managed and established residential community

The building is further distinguished by a commemorative plaque honoring Dr. Ferenc Pataki, Széchenyi Prize - winning academic and renowned social psychologist who resided here - adding cultural prestige and historical depth to this already exceptional address.



About the Apartment

* 70 m², 3rd floor, ceiling height over 3 meters

* Exceptionally bright main living room facing the street with large original windows and direct sunlight

* Two spacious main rooms connected by original foldable wooden doors (beautiful historic elements, restorable)

* Separate 7 m² kitchen with window to the courtyard, plus a storage room - easily convertible into a guest room, home office, or children's room

* Good size bathroom and a separate guest WC at the entrance

* Original doors, windows, and hardware preserved

* Practical entrance corridor and flexible internal layout

Several alternative floor-plan concepts are available, offering the possibility to relocate the kitchen, create additional sleeping areas, or further optimize the space with minimal structural intervention.



Why This Location Performs Well for Investors

* Újlipótváros is one of Budapest's most resilient residential markets, favored by professionals, families, and long-term tenants

* Proximity to the Danube and Szent István Park ensures enduring lifestyle appeal and limits future oversupply

* Strong demand for bright, high-ceiling apartments in historic buildings with elevators

* Excellent balance of price stability, rental liquidity, and long-term capital appreciation

* Properties here consistently outperform broader city averages in vacancy rates and resale liquidity



Investment & Lifestyle Value

This apartment offers a rare combination of:

* Bright, high-ceiling historic interiors

* Flexible layout with clear value-add potential

* Strong rental appeal and low vacancy risk

* Cultural and architectural significance

* Prime residential location near green spaces and the Danube

A solid, character-rich property in one of Budapest's most investment-secure neighborhoods - ideal for personal living, long-term rental, or a carefully executed value-enhancement strategy.


For extra information or consultation please feel free to contact us. William McKenna Consultants Budapest

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