8th District, For Sale – Vajda Péter Street, Excellent Investment Opportunity
Budapest
Property Features
Property Description
Apartment for sale on Vajda Péter Street in Józsefváros – A great opportunity for first-time homebuyers!
In the 8th District, Józsefváros—a constantly developing and increasingly prosperous neighborhood—I am offering for sale a property on Vajda Péter Street listed on a single title deed 38 nm- 1/1 ownership, free of litigation and encumbrances, in need of renovation/in fair condition, currently heated by gas convectors, quiet, bright, with a dining area and kitchen, living room + bedroom, facing northeast, renovated overlooking the park, a first-floor apartment. The ceiling height is 3.7 meters.
I am offering a 38-square-meter property for sale in a constantly developing and increasingly popular part of Józsefváros. The property It has a valid title deed, is owned 1/1, and is completely free of litigation and encumbrances.
Key Features:
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Status: Needs renovation; in fair condition.
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Heating: Gas convector system.
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Layout: Living room + bedroom, open-concept kitchen-dining area.
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Lighting conditions: Bright, with windows facing northeast.
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View: Windows overlooking the renovated park.
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Interior height: 3.7 meters
Details about the apartment:
The apartment is in the condominium on the first floor is located. Upon entering, we are greeted by a spacious entryway and a kitchen-dining area. A particular advantage of this property is that The bathroom, located to the left of the front door, is well-ventilated because its window overlooks the courtyard.
Continuing from the kitchen-dining area, there are two bright, easily furnished rooms that open into one another. The living room window overlooks Golgota Square, so residents can enjoy the a vast park, the tranquility of the green space and the wooded surroundings.
What Should You Know About Condominiums?
Built in the early 1900s, this eclectic-style apartment building has two entrances: one on Vajda Péter Street and the other on Orcy Road. The building contains a total of 66 units.
The Technical Condition of the Condominium very neat and tidy, maintenance work is ongoing. It is important to note that The electrical system has been partially renovated, the main gas line has been replaced, the roof is in good condition, and the chimneys have already been renovated. The residents' association is currently planning to renovate the walkways.
The building is financially stable and has significant savings. The community is close-knit, and the residents span a wide range of ages, so everyone can feel at home.
Utility Information:
The common expenses were determined on a Ft/nm basis. For properties with a water meter, the monthly common area fee is 517 Ft/nm, while for those without a water meter, it is 1041 Ft/nm. In addition, the monthly renovation fund fee is 10 Ft/nm.
About the area:
Doctor's office, grocery store (ALDI), bakery, gas station, university, etc., are just a few minutes away.
The area has excellent infrastructure: the tram stops for lines 23 and 24 are just a few steps away, and the bus stop for line 99 is also within walking distance.
I recommend this property to first-time homebuyers, young couples, and investors alike!
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