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1-Bedroom Apartment on Grand Boulevard

160,000 €

Loft-Style Apartment in the Historic Palace District, Budapest Center 

József körút 59, Hungary, Budapest, District VIII

1-Bedroom Apartment on Grand Boulevard
For Sale
Flat
49 m²
1
1
1-Bedroom Apartment on Grand Boulevard
1-Bedroom Apartment on Grand Boulevard
1-Bedroom Apartment on Grand Boulevard
1-Bedroom Apartment on Grand Boulevard
1-Bedroom Apartment on Grand Boulevard
1-Bedroom Apartment on Grand Boulevard

Property Details

Property Type:FlatArea:49 m²Bedrooms:1Bathrooms:1Floor:MezzanineParking:Street parkingView:Courtyard ViewCondition:Good condition

Property Description

A rare opportunity to acquire a loft-style apartment in the heart of Palotanegyed (Palace District), located on József körút, one of Budapest’s main central boulevards.

This property combines historic character, strong rental demand, and value-growth potentialin one of the city’s most rapidly improving central neighborhoods.


Prime Location – Palace District (District VIII)

  • Located in Palotanegyed, known for 19th-century palaces and cultural heritage
  • Walking distance to Hungarian National Museum
  • Close to Semmelweis University, ELTE, and other institutions
  • Surrounded by cafés, restaurants, boutique hotels, and galleries
  • Excellent public transport via tram 4–6 and multiple bus lines
  • Direct access to city center


A vibrant, walkable area with a unique mix of historic prestige and youthful, creative atmosphere, increasingly competing with District V as a residential hotspot.


The Building

  • Beautiful 19th-century heritage building
  • Designed by architects Hubert József and Móry Károly
  • Well-maintained condition
  • Classic architectural character


Buildings of this type offer long-term scarcity value and strong investment appeal.


The Apartment

37 m² + approx. 12–13 m² mezzanine | Ground floor | Loft | Turnkey

  • Ceiling height approx. 5.5 m enabling mezzanine level
  • Living and dining area
  • Separate kitchen
  • Bathroom
  • Storage room
  • Lofted sleeping area
  • Small private courtyard patio accessible from the kitchen
  • Fully furnished and equipped
  • Air conditioning
  • Dry, well-kept condition


A compact but highly functional layout with enhanced usable space due to mezzanine.


Potential & Flexibility

  • Possibility to extend mezzanine for additional sleeping or storage space
  • Suitable for further optimization for rental use

Investment Highlights

  • Central Grand Boulevard location → strong visibility and demand
  • Palace District → rapidly improving area with appreciation potential
  • Proximity to universities → stable tenant base
  • Loft configuration → efficient use of space and higher rental yield
  • Low operating costs → improved net returns
  • Turnkey condition → immediate rental or use
  • Suitable for long-term and mid-term rental strategies

Market Positioning

  • Strong demand from students, professionals, and expats
  • Popular for compact, efficient rental units
  • Increasing investor interest due to district transformation


A compact loft apartment in a historic building on the Grand Boulevard, offering efficiency, strong rental demand, and long-term growth potential.

Efficiency. Location. Yield. A smart entry-level investment in Budapest’s evolving central market.

Amenities

Air Conditioner
Bathtub
Dishwasher
Heating
Intercom
Kitchen
Mall near by

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