Szalay street, 2 bedroom apartment
District V.
€ 462,500
HUF 175,000,000
3
Rooms
2
Bedrooms
73
Approx sqm
Key Details
Listing Description
A bright, fourth-floor apartment is offered for sale in a Bauhaus-inspired modernist building at 5/A Szalay Street. The property enjoys a north–south aspect, a balcony, and an abundance of natural light throughout the day.
The building is in excellent condition; both the façade and the entire roof structure have been fully refurbished. The property itself is well known for its striking interior design and has featured as a location in numerous film productions.
The apartment is in need of renovation, offering excellent potential. All internal walls are movable, allowing for a highly flexible layout. Every room, including the kitchen, benefits from natural light. The two bedrooms and the kitchen face south, while the living room faces north.
There is scope to create an additional bathroom and either two full-sized bedrooms, or one full bedroom and two smaller rooms, depending on the buyer’s requirements.
The location is exceptionally central, with Kossuth Square just 100 metres away and Liberty Square approximately 500 metres from the property. Despite its city-centre position, the apartment is remarkably quiet, as the street is one-way only.
The property also includes a dry, lockable storage unit in the attic.
Amenities
District V. - Downtown Prestige
The Fifth district offers its residents the ultimate downtown lifestyle. Filled with luxury accommodation, fine dining, and tourist attractions alike, it’s one of the busiest areas for business and tourism. This district is an attraction for visitors and investors alike and is one area where renovations are consistent and streets are well-kept.
The
Vibe
Quintessential Budapest - charming and dynamic.
What to Expect
Property prices in the Fifth district are among the highest in the city, but the area has proven to deliver excellent returns for investors, across all neighborhoods. As the political, business, and tourist center of the city, the area boasts high demand for both short-term rentals and long-term leases. Its central location, proximity to major landmarks like the Parliament, the Danube, and luxury shopping streets, ensures strong property value retention and potential for appreciation. Additionally, the district’s elegant architecture and excellent public transport make it particularly attractive to international tenants and investors alike.
What Not to Expect
Total quiet and green surroundings are not characteristic of this neighborhood. Even on the quietest streets, adventurous visitors to the city roam around during the day. Vehicle traffic can also be heavy in this area, especially during holiday street closures, which can make parking more difficult. Finally, although the district offers several beautiful parks to choose from, District V is not considered one of the greenest areas in the city.
