Investment Property for Sale near Blaha Lujza tér

Off-Market Property for Sale near Blaha Lujza tér | 5 Bedrooms, 5 Bathrooms

An off-market renovation opportunity on Rákóczi út, near the corner of Akácfa utca, with an asking price of 200,000,000 HUF.

This investment property for sale near Blaha Lujza tér is on the second floor and was configured for use as a small hostel. It includes five bedrooms, five bathrooms, a large living room, a reception area and a balcony.

Layout and renovation potential

The existing arrangement provides multiple bedrooms and bathrooms alongside generous communal space. The reception area reflects the property’s previous hostel-oriented design.

The property requires renovation, giving the buyer scope to update the interiors and adapt the layout to their intended use. Its central location and existing configuration make it worth considering for an accommodation project, subject to confirmation of permitted use and operating requirements.

Floor area

• Official registered area: 173 m²

• Reported measured area: 229 m²

The measured area is 56 m² larger than the registered area. These figures are presented separately; the additional space should be checked against the floor plan and property documents.

Location

The property is positioned by Blaha Lujza tér, close to the junction of Rákóczi út and Akácfa utca. The M2 metro, tram lines 4 and 6, and several bus routes provide convenient connections across Budapest. Keleti railway station is one stop away on the M2.

Europeum Shopping Center, restaurants and cafés are nearby, making the area practical for everyday shopping and city travel. Local transport and shopping

Property details

• Asking price: 210,000,000 HUF

• Location: Rákóczi út, near Akácfa utca and Blaha Lujza tér

• Registered floor area: 173 m²

• Reported measured area: 229 m²

• Floor: 2nd

• Bedrooms: 5

• Bathrooms: 5

• Communal space: Large living room

• Reception area: Yes

• Balcony: Yes

• Condition: Requires renovation

• Configuration: Designed for use as a small hostel

• Marketing status: Off-market opportunity

Price positioning

The asking price equates to approximately 1.16 million HUF per registered square metre. The existing five-bedroom, five-bathroom arrangement offers a starting point for redevelopment, with future income dependent on renovation costs, permitted use and the operating model.

For further details or to arrange a private viewing, contact Rentals Budapest.

Phone / WhatsApp / Telegram: +36 20 462 8117