Key Details

Floor:

Ground floor

Sqm price :

2,658 € / sqm

Elevator:

View:

Courtyard

Apartment Condition:

Renovation needed

Building Condition:

Good condition

Orientation:

Southwest

Listing Description

Excellent Investment Opportunity on Üllői Road – Spacious Loft Apartment with High Ceilings and Great Potential Located on a sought-after section of Üllői Road, this apartment offers 57 sqm according to the title deed, while its exceptional ceiling height has allowed the creation of a mezzanine level, providing approximately 112 sqm of usable living space. Thanks to the well-designed mezzanine, the property offers the feel of a genuine two-level home rather than a conventional sleeping gallery. The ceiling height is 237 cm on the lower level and 229 cm on the upper level, making both floors comfortable and fully functional for everyday living. The current layout comprises 4 rooms, one additional room without a window, a kitchen, and 2 bathrooms. This makes the property an excellent choice for larger families, while it is particularly attractive as an investment for long-term rentals or student accommodation. The apartment requires renovation but is currently in a habitable condition. It offers an excellent opportunity for its future owner to modernize and customize the property according to their own taste and needs. The existing layout and generous interior spaces provide numerous possibilities for redesign. Some walls still show traces of a previous water leak. The source of the problem has already been fully repaired; however, as the apartment has been unoccupied for several years, the cosmetic restoration (repainting) has not yet been carried out. The location is one of the property's strongest assets. Üllői Road offers excellent public transportation, with two metro stations, several universities, parks, shops, and a wide range of services all within easy walking distance. Despite its central location, the apartment overlooks the second inner courtyard, making it exceptionally quiet, with virtually no noise from Üllői Road. Thanks to its outstanding infrastructure and peaceful setting, the property is an excellent choice both as a home and as an investment, offering strong long-term rental potential. Key Features 57 sqm according to the title deed Approximately 112 sqm of usable living space including the mezzanine level 4 rooms + 1 additional room (without a window) 2 bathrooms Excellent investment opportunity Ready to be renovated and customized to your own preferences Close to universities and parks Excellent transport connections and infrastructure If you are looking for a property with significant value appreciation potential in a prime location and excellent long-term investment prospects, this apartment is an outstanding opportunity.

Amenities

Electric Heating

Bathtub

High Ceilings

District IX. - Young Energy

The Ninth District’s Ferencváros brings bang for your buck — it’s close to the Downtown, well-priced and has its own unique culture. The Corvinus and Semmelweis universities, a handful of alternative music venues and bars, as well as concerted efforts to rehabilitate urban blocks has created a youthful environment stretching from the historic Grand Central Market to the riverside Nehru Park. The creative revitalization of the District’s existing buildings, infusion of connecting green spaces, as well as the tasteful music and arts, theatre, sports and museums won the 25-year-long rejuvenation project the 2016 FIABCI Prix D’Excellence.

The
Vibe

Energy, arts and urban life prevail in this up-and-coming swatch of riverside Pest.

What to Expect

A continuously reinvented district that has embraced its grittier foundations and infused them with green space, off the beaten path venues, and cultural staples. A community of young people, students and young families energize the close streets and apartment blocks in the area.

What Not to Expect

Urban grit and energy are an everyday factor in Ferencváros, and you either thrive off of that energy or you don’t. But the District’s singular ecosystem of bars, parks, dining and cultural venues may just find you sticking around more than you expected to.

Ulloi street, 4-room apartment