B24Commercial unitRenovated

Práter utca, 34 m²

Budapest, District VIII, Práter utca

HUF 30M

  • HUF 30Mprice (fixed)
  • 34 m²floor area
  • HUF 250kexpected monthly rent
  • 10.0%estimated gross yield

About the property

In a sought-after, continually developing part of Budapest's District VIII, on Práter utca, we are offering for sale a 34 m², tastefully renovated commercial property. Its modern design and practical layout make it an excellent choice both for your own use and as an investment.

A key advantage is that the property has a window: natural light fills the interior, creating a bright, friendly atmosphere.

The property has renovated, attractive interiors and a well-considered use of space, so its 34 m² floor area provides comfortable, highly usable space. The practical layout could also be ideal for investors considering long-term letting.

The area's excellent infrastructure and the nearby shops, services and public transport further enhance the property's appeal and long-term value.

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.

An excellent opportunity in District VIII of Budapest, in renovated condition, with a practical floor area and a favourable urban location!

Key details

Reference
B24
Location
Budapest, District VIII, Práter utca
Floor area
34 m²
Classification
Commercial unit
Layout
Multifunctional commercial unit
Condition
Renovated

Payment and financing

Instalments · HUF 20–40 million

Up to 24 months

Instalments over up to 24 months, by individual agreement.

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 882,353 per square metre is outstandingly favourable on the Budapest property market.

Price (fixed)
HUF 30,000,000
Price per m²
HUF 882,353
Expected rent
HUF 250,000/month
Estimated gross yield
10.0%

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 VIII, Práter utca · the exact address will be confirmed at the viewing

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HUF 30M · B24

Práter utca, 34 m²

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