A rare opportunity to acquire a 151 m² classical apartment in the landmark Hazay House (1894), located on József körút, in the heart of the Palace District, at the border of District VII and VIII.

This is a strategic central investment location, combining Grand Boulevard visibility, strong rental demand, and ongoing urban regeneration.

Prime Location – Grand Boulevard / Blaha Lujza tér

• Directly on József körút, one of Budapest’s main central arteries
• Steps from Blaha Lujza tér (M2 metro, tram 4–6, major bus lines)
• Next to Courtyard by Marriott hotel → constant international traffic
• Immediate proximity to Europeum Shopping Center
• Walking distance to universities: ELTE, Semmelweis, Metropolitan
• Close to theatres, cultural venues, cafés, and restaurants
• 1 minute to renovated Gutenberg Square and park

This area is part of a rapidly improving inner-city zone, attracting both investors and tenants due to connectivity, infrastructure, and lifestyle appeal.

The Building – Hazay House

• Built in 1894 in Neo-Renaissance style
• Landmark historic building with architectural character
• Well-maintained condition
• Elevator
• Dual entrances from József körút and Somogyi Béla utca

Buildings of this type offer strong architectural value and long-term investment resilience.

The Apartment

151 m² | 1st floor | Bright | Grand volumes | Balcony

• 4 large bedrooms (21–30 m² each)
• One bedroom with en-suite bathroom
• Balcony overlooking József Boulevard
• High ceilings and large original windows
• Private entrance from corridor
• Rare original ceiling frescoes
• Restored arched doors with decorative glass
• Excellent natural light throughout

A spacious layout with strong potential for reconfiguration and value enhancement.

Condition & Potential

• Good, livable condition
• Ideal for renovation and repositioning into premium product

A perfect canvas for high-end redevelopment or continued rental income strategy.

Investment Highlights

• Prime Grand Boulevard location → high visibility and rental liquidity
• Adjacent to major transport hub → unmatched accessibility
• Urban regeneration zone → strong capital growth potential
• 4-bedroom layout → ideal for shared rental strategy
• Historic building with character → high-value repositioning potential
• Existing rental income → immediate yield
• Proximity to universities and hotels → diversified tenant base
  

Market Positioning

• Strong demand from students, professionals, and short-term tenants
• Suitable for long-term, mid-term, and potential short-term rental (subject to regulation)
• Increasing investor interest due to area transformation

A large-scale classical apartment in a landmark building on the Grand Boulevard, offering immediate income and significant value-add potential.

Scale. Location. Growth. A high-potential asset in Budapest’s evolving central market.