District VIII. , Palotanegyed
Budapest offers many opportunities to purchase an apartment and mold it into something tailored to your personal style. This is a popular avenue, as it gives the buyer a canvas to create a unique living space for themselves, renters, or future consumers. Feel free to contact us about the details, costs and advantages associated with renovating an apartment here.
This 112 sqm renovation needed apartment is located on the first floor of the Liebner-Darányi Palace in the most elegant part of the Palace District. This little hidden square is a real rarity in the city center. There are many restaurants and cafes in Krúdy Street, which connects to the square, and in Mikszáth Square at the end of it. Lőrinc Pap square is home to the cult Czech beer bar called "Jaromir a templomhoz" and a great restaurant called Alma és Körte, where guests are welcomed with live music in the evenings.
The building is built in 1896 in neo-baroque style and it is a corner building which is in excellent condition, its facade is decorated with beautiful frescoes.
The property offers an unique view of the Jesuit Church of the Heart of Jesus, the statue of Nádor Zichy, the square and its trees. Looking out of the apartment, to the right is the Hotel Palazzo Zichy, which is also a beautiful building and shines in the evening with decorative lighting. Looking to the left is the equally fantastic Neo-Renaissance Ráthonyi Reusz Palace, which was renovated within a few years and shines in the evenings with decorative lighting.
Its 9 windows overlooking the square and the street are a real rarity. Despite its condition to be renovated, its wooden doors and windows and wooden coverings are in good condition. After renovation, a spacious livingroom with open kitchen, 2 bedroom, 2 bathroom apartment can be created.
I recommend this apartment to those who are looking for truly unique things, and they would like to realize their own ideas in this apartment to be renovated.
Mention of the Eighth District can elicit any number of responses from a listener depending on the context. But a walk down the sunny streets of the ‘Palace Quarter’ and a visit to the newly rejuvenated Rákóczi Square will leave you with no doubt in your mind. The Austro-Hungarian empire’s legacy is more than alive in these streets, with some of the grandest urban palaces in the city to its name. Flanked by the colorful VI. district nightlife, the erudite university and museum-lined streets of the Fifth’s downtown, and the lively gastro and bar offerings of Ferencváros, the elegant Palace Quarter is a well-connected alternative to its crowded neighbors.
Independent and classic. The Palace Quarter is home to any number of cozy cafes, boutique hotels and eateries that delight those who make the effort to venture off the beaten track. A beautifully revitalized piece of the city’s historic legacy without the crowds and grit of the city’s downtown.
Lots of green space. Although the charming Károlyi Gardens isn’t far and the city has made generous efforts to line the streets with more trees and greenery, the quarter remains decidedly urban.