A rare opportunity to acquire a standalone building on a large plot in Zugló (District XIV), offering strong potential for rental income, redevelopment, and profitable resale strategy.

This asset is ideal for investors targeting buy-hold income or value-add redevelopment into a small luxury condominium.

Rapidly Developing Area, Zugló (District XIV)

• Rapidly developing residential district
• Walking distance to 2 metro stations, buses, and bike routes
• Direct connection to city center
• 10 minutes to city center and Heroes’ Square
• Close to sports infrastructure: swimming pools, tennis courts, football centers
• Near Zenit shopping and business center (new urban hub)
• Family-oriented area with parks and green spaces

A location combining accessibility, livability, and growth potential, with increasing demand for quality housing.

The Property

472+ m² building | 1,113 m² plot | 4 levels (cellar, ground, 1st floor, attic)

• Independent standalone building
• Classic Hungarian structure (1950s)
• Good structural condition
• Additional areas including terraces, balconies, cellar, garage, and common spaces
• Independent heating and water systems

Development Potential

• Possibility to create 4 to 5 luxury apartments
• Each unit can offer 2 to 3 bedrooms, terraces, and spacious layouts
• Potential to include:
  
• Private swimming pool
• Landscaped garden and common areas
• Children’s playground and outdoor lounge
• Private parking for up to 6 cars
• Elevator installation
• Storage units for each apartment
  
• Apartments can be legally separated and sold individually

Investment Strategy

Option 1 - Rental Income

Hold and operate as a residential asset generating strong annual yield in a high-demand district.

Option 2 - Development & Resale

Renovate and reposition into a boutique residential project:

• Estimated resale value per unit starting from €500,000+
• High demand for new, luxury apartments with amenities
  

Investment Highlights

• Large plot with low-density development potential
• Ability to create multiple high-value units
• Independent systems → flexibility and cost control
• Strong demand for modern residential projects in Zugló
• Limited supply of boutique developments with amenities
• Clear exit strategy via individual unit sales
• Attractive entry price relative to end value

A flexible development asset in a growing district, offering both income potential and strong resale upside.

A high-potential investment opportunity in Budapest’s evolving residential market.