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