Classic Grand Apartment For Sale – With a Balcony in 5th District

An exceptional opportunity in one of Budapest’s safest, best-maintained, and cleanest neighborhoods. We are offering for sale an 80-square-meter, upper-class apartment with a balcony at 15 Kálmán Imre Street—a prestigious address—in District V, which boasts exceptional features.

Property Parameters and Spatial Relationships

This Art Nouveau apartment on the 3rd floor is currently in need of renovation—it’s in fair condition—which offers a unique opportunity to completely reimagine the interior spaces, both functionally and aesthetically. The spacious, light-filled atmosphere is guaranteed by the nearly 4-meter-high ceilings and enormous windows in this premium downtown home.

• Living Room (35 nm): An exceptionally spacious, grand space that allows for a wide range of unique interior design solutions.

• Second room (25 nm): Another impressively sized room with direct access to the balcony.

• Balcony: An open balcony elegantly connects the interior spaces with the outside world. It’s the perfect spot for enjoying your morning coffee, growing urban plants, or quietly observing the hustle and bustle of the surrounding streets.

The Condominium: History and Spectacular Renovation

The Art Nouveau building, constructed in 1905 based on plans by architect Dávid Jónás, is currently being renovated as part of a large-scale, 96 million forint project.

• Scope of the renovation: A complete interior renovation is underway, which includes the two stairwells and the inner courtyard. The work will be completed by December 31 of this year in accordance with the approved plans, so you’ll be able to move into a beautifully renovated building.

• Financing: The condominium association took out a 10-year loan to fund the improvements. The loan is being repaid through the increased common expenses, which will remain in effect only until the loan matures (the revenue comes from residents’ payments).

• Resident Community and Ownership Structure: According to the registry, the building—which features a tidy, clean basement—contains only 29 separate units. The quiet resident community is international, consisting of an equal mix of Hungarian and foreign owners. The gym, located on the ground floor of the building and operating as a completely separate unit, does not disturb the residents’ peace and quiet.

Maintenance Costs

• Common expenses: 52,200 Ft/month (which includes the monthly payment on the renovation loan)

• Gas: 6,000–9,000 Ft/month

• Electricity: 8,000–11,000 Ft/month

Location and Lifestyle: The Perfect Downtown Home

This upper-class apartment for sale in the 5th District is the perfect blend of prestige and ultimate comfort. The street is nestled between Szabadság Square, the Parliament, and Bajcsy-Zsilinszky Road.

• Cultural and urban vibrancy: St. Stephen’s Basilica and the Danube riverfront are both just a pleasant walk away. The neighborhood is full of upscale restaurants, cafés, banks, and government offices. Everyday shopping needs are met by the small shops on the corner and the nearby Westend shopping center.

• Sports and Recreation: The Central Gym is located right in the building, while Szabadság Square and Margaret Island nearby offer a green oasis for those who enjoy outdoor activities and recreation.

• Transportation: Thanks to its proximity to Nyugati Railway Station (Metro Line M3, Trams 4 and 6, trains) and Kossuth Lajos Square (Metro Line M2), any part of the city—including the airport—can be reached quickly and conveniently.

Who Is This Property Recommended For?

• Exclusively for first-time homebuyers and long-term landlords: Due to consistently high commercial demand, this is the perfect choice for college students and foreign workers looking for long-term rentals. 

• For quiet, behind-the-scenes office work: Thanks to its prestigious address and grand spaces, this could be an excellent choice for a corporate representative office or administrative office.

• For a law firm or private practice that handles client traffic: The location would be suitable for either a law firm or a private practice. Don’t miss out on this unparalleled opportunity in a building that will regain its original turn-of-the-century splendor within weeks! Feel free to contact us with any questions or to schedule a viewing, and come discover your new premium downtown home in person!