Fully renovated, furnished, grand apartment for sale directly from the owner in the heart of Újlipótváros (13th district - Budapest)
The apartment is located in a quiet area on Kresz Géza Street (between Radnóti Miklós Street and Balzac Street) - in a peaceful neighborhood - just one block away from Westend Shopping Center (Nyugati square). The property is in a 5-story building, equipped with an elevator housing a good community with a total of 33 apartments. Nearby, you’ll find several educational institutions (kindergartens, schools), plentiful grocery and pharmaceutical stores and within a five-minute walk, you can reach multiple major public transport hubs (metro, tram, bus). Parking is available in designated residential spaces in front of the building. A parking permit must be requested by the owner.
The apartment is on the 4th floor, with a floor area of 69 m², facing southwest, and has a well-designed layout. The living spaces include a living room, bedroom, entrance hall + hallway, kitchen, en-suite bathroom, and smaller storage room. Every room has its own window. The windows in the rooms overlook the building's inner courtyard, while the bathroom and storage room face the interior light shaft. The kitchen window and the front door open onto a secure (separated) walkway. The apartment also comes with a 3 m² private, enclosed basement storage space.
The complete renovation of the apartment was finished in early August 2024, including the modernization of the plumbing and electrical systems. The interior spaces were redesigned and reconfigured by an interior architect. During the renovation, the building’s main sewer and drinking water lines were also replaced, and the mandatory periodic water meter replacement was carried out.
The apartment is for sale fully furnished and is free from mortgages - it is available for moving in immediately.
About the surrounding area
Újlipótváros is extremely popular among families looking for a home near the city center, thanks to its classic buildings, the riverside promenade, the restaurants on Pozsonyi Street, the tranquility of Szent István Park, and the proximity to Margaret Island.
The Váci Street office corridor is a favored location for many multinational companies and businesses, featuring modern, Class "A" office buildings such as Nordic Light, Capital Square, DC Offices, and Váci Greens. (Note: Don't confuse Váci Street with the famous shopping street in the V. district, also called Váci utca.)
For those looking for relaxation, food and cinema with shopping opportunities, the Westend City Center next to the Nyugati Railway Station is only 2 minutes away on foot and the Duna Plaza, located further along the M3 metro line, offer stores, restaurants, and a cinema. Culture lovers can enjoy performances at the Vígszínház theater on Szent István Boulevard. In the summer heat, the Dagály Beach on the nearby Margaret Island awaits those looking to cool off.
Annual expected yield from real estate utilization: 5%