Built around the turn of the century A 4-story apartment building with 17 units and consists of two basement-level units. The building was completely renovated about 20 years ago. Since then, improvements and upgrades have continued. Currently, repairs to the suspended walkways and replacement of their flooring are underway with a budget of four million forints, which the residents’ association is financing from previous savings (Fundamenta).

The next renovation is expected to involve the roof. The electrical system is in good condition. The 9th District municipal government announces a residential building renovation program and a budget allocation every year, for which the condominium association regularly applies. The condominium features an impressive, tree-lined, „green park”-like, well-maintained inner courtyard.

The units in the condominium range in size from 30 to 80 square meters. The owners are of mixed ages. The community is cooperative and committed to ongoing renovations. Common area fees are calculated on a per-square-meter basis. Those with water meters pay 330 HUF/sq. m, while those without water meters pay 550 HUF/sq. m. The renovation fund is a flat rate of 5,811 Ft/month for all apartments. For basement-level units, the rate is 4,600 Ft/month. About the property: The 46 square meters according to the property deed The entrance to the property is directly accessible from Viola Street. An excellent choice for retail space as well, but it is fully equipped with ideal apartment features that meet every need.

Between 2022 and 2025, it underwent a comprehensive renovation in several phases. As part of the upgrades, new floor and wall tiles, kitchen cabinets, a sink, and faucets were installed in the kitchen. The bathroom also underwent a complete renovation: a waterproofing layer, waterproof drywall, tiling, and new fixtures and faucets were installed. The entryway was recently renovated, which included drywall installation, painting, and replacement of the floor tiles. The doors and windows are new, and the electrical system has been modernized (two-phase, 25 amps, copper wiring in conduit). The water meter was replaced in 2022. Current electricity consumption ranges between 4,800 and 5,000 kWh/year; gas consumption is 0 Ft. The combined total of the common expenses (15,180 HUF/month) and the renovation fund (4,600 HUF/month) is 19,780 HUF (cleaning of common areas, trash removal, etc.). Internet service providers include Telekom and Yettel.

The current owner likes the property primarily because It has an excellent location and great transportation options. In addition, there is no noise from outside, and the privacy is excellent. o M3, Trams: 4–6, 24 Nyugati, Keleti Railway Station, Kelenföld, and Népliget are all within 30 minutes; downtown is 15 minutes away; night service runs frequently). o Corvin Plaza, Aldi, Spar, Tesco, Lidl, 24-hour stores, and cafés are 2–5 minutes away – Low utility costs, ~45,000/month (common area fees, internet, electricity, heat, water). – Within a few minutes’ walk: the running track and park at Ferenc Square, Ludovika Campus: sports facilities and green space.

About the Neighborhood: The Rehabilitation of Central Ferencváros (The „Ferencváros Model”) The rehabilitation program began in the early 1990s in the area bounded by Ferenc Boulevard, Üllői Road, Haller Street, and Mester Street. Its goal was to renovate dilapidated apartment buildings, improve public spaces, and green the inner courtyards. Viola Street and its surroundings: Viola Street is exceptionally well-located due to its proximity to the Klinikák metro station. Neighboring streets, such as Tűzoltó Street, Lenhossék Street, and Gát Street, are also part of this the revitalized neighborhood, where renovated apartment buildings alternate with newly constructed, modern buildings.

The area around Viola Street can be described as the cultural and higher education hub of the 9th District. Center for Science and Education: Semmelweis University (SOTE) Theoretical and Clinical Institutes: The Klinikák metro station takes its name from this area, as numerous SOTE institutions (e.g., the Institute of Anatomy, the Children’s Clinic on Tűzoltó Street) are located here. Several universities are located near 42 Viola Street (Corvinus, ELTE, KRE), which gives the neighborhood a youthful, student-oriented atmosphere. Cultural Sites: Holocaust Memorial Center: Located on Páva Street, near Viola Street, this is Hungary’s central Holocaust memorial site. Attila József Memorial: Located at 3 Gát Street, in the renovated area where the poet was born and spent his childhood. Museum of Applied Arts: (Currently under renovation) Located nearby on Üllői Road, this is Ödön Lechner’s beautiful Art Nouveau masterpiece. Overall, Viola Street is situated in the heart of the modernized and revitalized Central Ferencváros, an area with excellent transportation links and higher education institutions that has been made greener and more livable through urban renewal.

Nearby amenities: • In neighboring buildings: grocery store, salad bar, tanning salon, beauty salon • Tesco, shopping center (Corvin Plaza) • In the neighborhood: parks, cafes, pastry shops, restaurants, gym Universities nearby: • Semmelweis University (SOTE) (on the next street) • Eötvös Loránd University (ELTE) • National University of Public Service (NKE) • Pázmány Péter Catholic University (PPKE) • Károli Gáspár Reformed University (KRE) • Corvinus University (BCE, formerly Közgáz) • Budapest University of Technology and Economics (BME) Transportation: • 250 meters away: subway, buses 914, 950, 950A, trams 51, 51A • 700–800 meters away: trams 2, 4–6, and 24

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