Gergely utca, 22 m²
Budapest, District X, Gergely utca
HUF 20M
1 / 1
- HUF 20Mprice (fixed)
- 22 m²floor area
- HUF 170kexpected monthly rent
- 10.2%estimated gross yield
About the property
Commercial unit with a window · estimated yield above 10%
On Gergely utca in District X of Budapest, we are offering for sale a 22 m² property with a window, classified as a commercial unit, which offers an attractive investment opportunity thanks to its outstandingly favourable yield.
Based on the expected monthly rent, the estimated gross annual yield exceeds 10% – an outstanding ratio on the Budapest property market, so your investment can work efficiently for you.
Thanks to the window, the space is filled with natural light, creating a friendly, bright room that also makes the property more attractive to tenants.
The asking price also includes the cost of the full renovation. The planned layout comprises a multi-purpose room, a kitchenette and a sanitary room, so you acquire a renovated property that requires no further investment.
The favourable location of the area and the nearby shops, services and public transport links further increase the property's appeal, making it a noteworthy opportunity as a long-term investment too.
The property has a separate entrance and its own utility meters, making it easy to use and maintain. During the full renovation, the electrical, water and drainage systems were renewed, and modern waterproofing technology was applied.
The modern, fully equipped sanitary room is included in the purchase price. The practical layout and high-quality interior provide a comfortable, highly usable space.
The contractor provides a 1-year warranty on the renovation work carried out, which offers additional security for the future owner.
A favourable price, an estimated yield above 10% and a full renovation included in the purchase price – an excellent choice for anyone looking to expand their portfolio with a high-yield property in District X of Budapest!
Property under renovation. Instead of photos, we show the planned floor plan. The floor plan is for information only; the final layout will follow the technical specifications agreed in the contract.
Key details
- Reference
- A16
- Location
- Budapest, District X, Gergely utca
- Floor area
- 22 m²
- Classification
- Commercial unit
- Layout
- Multifunctional commercial unit
- Condition
- Under renovation
Payment and financing
Instalments · Up to HUF 20 million
Up to 12 months
Instalments over up to 12 months.
The initial payment, the total purchase price payable and the payment schedule are set out in advance in the contract.
Non-residential classification
Property classification: Commercial unit. We do not restrict how properties classified as non-residential may be used.
An investment that works for you every month
Once you buy, there is nothing more to do about the renovation: the finished property can be let, and the rent arrives every month. A price of HUF 909,091 per square metre is outstandingly favourable on the Budapest property market.
- Price (fixed)
- HUF 20,000,000
- Price per m²
- HUF 909,091
- Expected rent
- HUF 170,000/month
- Estimated gross yield
- 10.2%
The amount shown is the expected monthly rent at which the property can be let once it is completed and furnished.
Indicative calculation – excluding utilities, taxes and void periods.
Location
Budapest, District X, Gergely utca · the exact address will be confirmed at the viewing
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