Fantastic villa building in the center of Budapest

  • Deal Type
  • For Sell
  • Тype
  • Villa/Cottage
  • Area
  • 1445 m2
  • Floors
  • 5
  • Rooms
  • 36
Description:

The property is on Stefánia Road bounded by Thököly Road - llka St. - Semsey St. 
It consist a villa building an annexes (garage, storage). The plot is a regular quadrilateral shape total of 2.865sqm, flat surface and perpendicular to Stefania Road. The street front is 31 m wide, south-west orientation. The property is fenced all around. The unbuilt areas of land covered with paving stones and maintained garden with a fountain in the middle.  

The villa was built in 1926, based on András Morvák applied artist plans. In 2002 it has been fully renovated both interior and exterior and mechanical restoration. The villa is 5 storeys with staircase and elevator. The useful floor area is 1.444, 84sqm. 

The property can be purchased together with the adjoining plot which is a continuation it. 
(The price of the back land is €1.8 million, 2.068sqm, can be built of 30%, 2 underground garage level, ground floor and 5 floors) The combined purchase price for the two properties are EUR 7.7 million.

There are 10-20 car parking area in the garden, the land behind has another possible 20-30 parking space + an office building or a residential building of 5 floors. 

The owner is a real estate utilization project company, whose only activity is the leasing of this property. 
The property can be purchased with reverse VAT or, by purchasing the company’s shares in 100% then there is no VAT.

The property is unencumbered. The rental contract with tenants can be terminated with a notice period of two months.

With the current tenants, which now cover 60% utilization, revenue is HUF 2.7 million/month.

Basement 364,8sqm: hallway, garage, corridors, toilets, shower, two kitchenettes, dining room, three large rooms, storages
Ground floor 250,09sqm: corridors, two kitchenettes, three storages, three archives, two toilets, two shower room, hallway, 5 offices 
1st floor 280,01sqm: 5 offices, hall, meeting room, 3 toilets, archives, storage, terrace, balcony
2nd floor 326,18sqm: 5 offices, hall, bathroom, toilet, shower, toilet, closet, kitchen, dining room, balcony
Attic 223,73sqm: mechanics, boiler, panoramic view conference room, 5 offices, kitchen, storage, toilet, shower, and terrace

  • Location:
Country:Hungary
State:Budapest
City:Budapest
Property Type:Villa/Cottage
Commission:60 000 €
Prepayment:590 000 €
Possible Bargaining:Yes
  • Characteristics
Year of Construction:1926
Rooms:36
Sleeping:25
Living Area (m2):1445
Land plot (m2):4748
  • Facilities
Equipment:Elevator, Garden, Air conditioning
Heating:Central
Type of Floor:Basement, Attic, Penthouse

5 900 000 €

6 325 343 $
580 728 142 ₽

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