Flat Hungary, Hungary, 87 m²

At 1080 Budapest, on Orczy Street, a spacious freehold apartment of 87 m² is for sale, located directly next to a major transport hub.

Description of the object
Current layout includes:
Two large rooms
One smaller room (currently with a sleeping gallery)
Kitchen
Pantry
Bathroom
Separate toilet

The apartment has excellent potential for redevelopment and increasing value. It is possible to divide it into two separate residential units (for example, studio + living/sleeping area), which makes the property especially attractive to investors.

The second entrance door next to the kitchen, located at the main entrance, has been preserved and is currently not in use, which is a great advantage for the possible division of the apartment.

Status
Four windows facing the street were replaced with modern plastic windows
Electrical wiring and electrical panel updated
The bathroom and toilet were renovated several years ago

The rest of the apartment requires renovation and provides ample opportunities for individual decoration.

Building
The apartment is located in a well-maintained residential building with an elevator.
Both entrances to the apartment are not in the gallery corridor, but directly opposite the elevator.

Repairs and services
After the purchase, the real estate agency accompanying the sale can organize professional renovation work to transform this apartment on Orzi Street into a real gem.

Terms of sale
Sales through: ImmoTrading GmbH on behalf of a business partner
After submitting the LOI (Letter of Intent / written confirmation of interest), contact will be established with the business partner

Price
Sale price (negotiable): EUR 234,000
Additionally: 4% commission + legal fees + state taxes

For more information or to arrange a viewing, please contact us.