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Spacious villa house located in a high-prestige residential area

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Description

a specious and spacious villa house located in a high-prestige residential area in Budapest

Villa Sold - Hűvösvölgy

Are you looking for a specious and spacious villa house located in a high-prestige residential area in Budapest?

This 717 sqm property is for you. This 4 levels villa house built in the early 1900s, and refurbished in 2001 and 2010,  has 8 apartments and it is equipped with indoor pool, sauna, fitness room.  Each apartment has own private bathroom, kitchen, so it can be easily managed as a guesthouse, or after legal and technical separation it can be sold individually. The plot is 1868 sqm, the parking is in the garden.

The property has not been used for a while, so maintenance, smaller refurbishment is required. That said, the property is quite good investment, because its sqm price is under a new building’s production cost. If you consider its parameters, you can see the opportunity of this property. The location in a high-prestige residential area, the view to the János hegy, Rózsadomb, the quite big plot, the unique form of the building, its history,  make this property a very special and unique investment.

Summary

  • Plot size- 1 868 sqm-Building size- 717 sqm
  • Type- Residential asset-Original function Apartments
  • Room count -8
  • Investment highlights
    • High-End Budapest residential area
    • Below replacement cost (circa HUF 366 100/built sqm) /
    • Large plot site (1,868 sqm)

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Property Features