District VIII. , Palotanegyed
€ 178,900
HUF 68,900,000
2
Rooms
1
Bedrooms
57
Approx sqm
For sale is a 57 m², street-facing, 1.5-bedroom flat located on the second floor of a lift-equipped building, in the heart of the city centre, on the edge of the Palace Quarter, between Blaha Lujza Square and Rákóczi Square. The property is an ideal choice for singles, couples or investors and is situated in a quiet, well-maintained residential building.
Public transport connections are excellent, with Metro lines M2 and M4, as well as the 4–6 tram line, all within a 5-minute walk.
The property’s standout feature is the spacious living room of approximately 23 m², enhanced by two large windows that flood the room with abundant natural light, creating a bright and airy atmosphere throughout the day. The living room also includes a well-maintained mezzanine (approx. 3 m²), offering additional storage or relaxation space, and can easily be used as a cosy sleeping area.
The flat benefits from ample built-in storage throughout, ensuring practical and efficient use of space. A private cellar storage unit is also included.
The property is free of encumbrances and offered for sale by the sole owner (100% ownership). The monthly common charge is HUF 15,000. Heating is provided by a gas boiler, and the flat has its own water meter, which was re-certified in November 2024.
This is a great opportunity for owner-occupiers, as with only minor cosmetic updates the flat is ready to move into, while its location, layout and strong rental potential also make it an excellent investment opportunity.
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.