Apartment for Sale

#404762

Sales price €374,556
8.
District
1
Bedrooms
2
Bathrooms
78
Sqm

Features


Bedrooms:
1
Alarm:
No
Garage:
No
Pet friendly:
No
type:
Apartment
Sauna:
No
Pool:
No
Elevator:
Yes
Air Conditioned:
Yes
Bathrooms:
2
Furnished:
Optional
View:
Garden

Apartment Description


K9 Residence. 1089 Budapest, VIII. kerület Kálvária tér 9.

  • Expected handover:end of July 2025.
  • Current condition:the project is structure ready. Currently, it is only possible to sell 1 or 2 full-floor apartments (1 floor usually consists of 4-6 apartments).
  • The accessibility of the project is excellent:the project is located close to metro lines M3, M4, 4 and 6 tram lines and 2.5 km from the city center.
  • In the narrower surroundings of the project:Fazekas High School, Semmelweis University, National University of Public Service, Chinese Market, shopping centers (e.g. Corvin Plaza), restaurants can be found.
  • The project consists of a total of 24 apartments (with a floor area of 28-169 m2) on a total of 7 floors.
    The apartments on the first 5 floors (28-68 m2) have hotel services (great for rent), while the 6th-7th floors are premium residential properties (including penthouse apartments) with a nice terrace overlooking the garden or park.
  • Available facilities in the project: 24/7 reception service, indoor and outdoor parking lots, an elevator and a shared garden.
  • The apartment prices are absolutely affordable:you can review the list prices on page 12 in the attached K Apartment project- English presentation PDF document.
    There is an opportunity to receive more discounts if the Buyer buys 1 or 2 full floor apartments (1 floor usually consists of 4-6 apartments).
    The apartment prices (on page 12 in the attached K Apartment project- English presentation PDF document) include: 27% VAT, electrical outlets in the kitchen, sanitary ware in the bathroom, only the box for the electric shutter is installed, the kitchen machines + furniture are negotiable.
  • Payment terms:
    30% upon signing the contract,
    40% upon technical handover,
    30% upon occupancy permit.

    As a company, there is a possibility to purchase the project with a loan, we can also offer a great loan option: for companies 10 years, 3% fixed annual interest, max. HUF 150,000,000/ company. In the case of foreigners, a Hungarian citizen must be designated as a 50% owner (manager) in the company.
  • The project's ROI (Return on Investment) index:3-5% per year.
  • Currently available apartments: except the 1st and 3rd floor apartments (highlighted in red in the attached K project- English presentation PDF document), the other apartments are all available to buy.
  • Who do we recommend the project to?
    1. Foreign investors: they can purchase 1 or 2 whole floors of apartments and then resell them at a higher price.
    2. Those foreign nationals (even citizens with green passports) who are seeking for passive income opportunity: the apartments can be rented out for both short and long term.
    3. Those who are looking for a Hungarian residence permit due to the fact that they can establish a limited liability company in Hungary, where the main activity may be renting out one's own property/properties (Hungary offers the most favorable conditions for establishing a company in the EU).

Would you like to visit this property?

Daniel Holcsik
Real Estate Agent

+36 20 919 0005
Find my new home

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Client Testimonials


  • I would definitely recommend Eurocenter team. Mr. Holcsik was very professional, he left no questions unanswered and always responded promptly. He made it very easy for me and I am extremely pleased with my new home in Budapest. I would highly recommend him and his colleagues over.

    Massimo
  • We had a great experience with our agent, whom had been handling our requests with matter of urgency and professionalism, providing assistance 24/7.

    Dalma
  • Highly recommend working with Daniel Holcsik. A true professional that get's things done.

    Peter
  • I was looking for an apartment to rent for long-term in Budapest and used their services. Very professional agency with english customer service. Ms. Makkai was very kind and helpful and answered all my mails promptly. I would highly recommend them for any other foreigners looking for a flat in Budapest.

    Daniel
  • Without a doubt, they are one of the best places for renting a flat in Budapest, I had a great experience with them, especifically with Mr. Daniel Szekeres who did his job in a prompt and professional manner . Thank you very much for making home hunt a real pleasure!

    Abdelghafour
  • We would highly recommend Daniel Holcsik to anyone looking for an apartment in Budapest! He exceeded our expectations in every way possible.

    Rick & Michelle

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