Garay Street | Property for Sale in Budapest
Basic features
Description
Mini Studio for Sale on Garay Street, Budapest – Unique Opportunity for Investors and Students!
We are offering for sale a fully renovated mini studio (12 m² + mezzanine) on Garay Street in Budapest’s 7th District. Renovated just 2.5 years ago, the apartment offers excellent transport connections and all essential services within walking distance.
Key Features
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Prime Location: Only 5 minutes’ walk to M2 and M4 metro lines. Nearby you’ll find Garay Shopping Center, restaurants, cafés, laundromats, and shops. Major universities (Semmelweis, ELTE, BME, University of Veterinary Medicine, Metropolitan University) are just minutes away.
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Ideal for Investors: The property has a reliable tenant who has been renting for 2.5 years and would be happy to stay. With rental income, a 6–7% yield plus potential value appreciation can be achieved.
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Move-in Ready: Sold fully furnished and equipped (microwave, fridge, Bosch water heater, heating panels, wardrobes, etc.).
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Low Utility Costs: Heating is provided by a combination of electric panels and the building’s central system, with monthly utilities around 4–5,000 HUF.
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Parking Option: Garage parking in the building available subject to capacity.
Important Information
The property is registered as a commercial unit, so traditional residential mortgages are not available. However, self-employed individuals or small businesses may apply for the 3% Széchenyi Microcredit MAX+ loan.