1-Bedroom Apartment in Fully Restored Historic Building
Central Location. Strong Investment Potential.
Hársfa utca 59A, Hungary, Budapest, District VII
Property Details
Property Description
A rare opportunity to acquire a bright apartment in a beautiful historic building currently undergoing a complete renovation and modernization in the heart of Budapest’s District VII.
Located on Hársfa utca, just steps from the renowned Corinthia Hotel Budapest, this property offers immediate rental potential while benefiting from the significant value enhancement of the ongoing building redevelopment, scheduled for completion in December 2026.
Prime Location - Central District VII
Hársfa utca is ideally positioned between Andrássy Avenue, Oktogon, and the vibrant cultural quarter of central Budapest.
Within walking distance:
- Corinthia Hotel Budapest ***** with luxury spa, swimming pool, gym and wellness facilities
- Liszt Ferenc Square (5 minutes)
- Franz Liszt Academy of Music (5 minutes)
- Hungarian State Opera (10 minutes)
- Andrássy Avenue
- New York Café
- Király utca with cafes, bars and restaurant
- City Park (Városliget)
- Excellent transport connections
The area remains highly attractive for professionals, expats, students, digital nomads, and long-term residents thanks to its central location, excellent infrastructure, restaurants, cafés, cultural venues, and proximity to major business and university districts.
The Building
Originally built in 1890, the building is currently undergoing a complete renovation and modernization program.
- The project includes:
- Full exterior and interior renovation
- New elevator
- New penthouse apartments and upper floors
- Renovated common areas
- Landscaped courtyard garden with automatic irrigation
- Bicycle, electric scooter and stroller storage
- Private storage rooms
- Modernized building infrastructure
Once completed, the building will offer the quality and amenities of a modern residential development while preserving its historic character.
The Apartment
50 m² | Mezzanine Level | Street View
- Bright living room with four large street-facing windows
- Fully equipped American-style kitchen
- Separate bedroom
- Gallery level currently used as a home office
- Bathroom with shower
- Separate WC
- Air conditioning
- High ceilings
- Good condition throughout
- Ready to move in or rent out immediately
Despite its mezzanine position, the apartment enjoys excellent natural light and direct sunlight, creating a bright and comfortable living environment.
Why It Is a Strong Investment
- Prime central Budapest location next to Corinthia Hotel
- Significant upside from the building’s ongoing full renovation
- Strong rental demand from professionals, expats, students, and international tenants
- Walking distance to major cultural landmarks, universities, and public transport
- Ready for immediate use or rental
- Attractive combination of current rental income potential and future value growth
A bright and well-positioned apartment in one of Budapest’s most central neighborhoods, offering an excellent opportunity for both personal use and long-term investment.
Amenities
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