105 sqm Apartment for Renovation Between the Danube and Váci Street

105 sqm Apartment for Renovation Between the Danube and Váci Street
Budapest, District V – Molnár Street 29, 2nd Floor
Exclusively offered by RE/MAX

In one of the most sought-after and value-retaining locations of Budapest's District V, we are pleased to offer this 105 sqm apartment requiring complete renovation, presenting an outstanding opportunity to create a premium residence or a long-term investment property.

The apartment is situated on the second floor of a well-maintained, early 20th-century residential building with only three levels, reflecting the timeless charm of Budapest's historic architecture. The building's main electrical system was upgraded in 2022, the staircase has recently been repainted, and the renovation of the internal corridors is currently underway.

With its 3.9-metre ceiling height, generous proportions, spacious rooms, and excellent floor plan, the property offers exceptional flexibility for redesign and modernization.

One of the apartment's most distinctive features is the view of the beautifully ornamented façade of the building opposite. Seen from the windows, it resembles a grand architectural painting, creating a unique and characterful urban atmosphere rarely found in the city centre.

The elegant original double-wing entrance door provides a distinguished arrival experience and perfectly complements the apartment's classic bourgeois character.

Exceptional Downtown Location

The apartment is located on Molnár Street in Budapest's prestigious District V, just a few minutes' walk from the Danube River.

The neighbourhood combines the charm of the historic city centre with all the advantages of modern urban living. Nearby are Váci Street, Budapest's most famous pedestrian and shopping avenue, and Ferenciek Square, one of the city's key transportation hubs.

The Danube promenade, Március 15 Square, Fővám Square, the Great Market Hall, and numerous cultural, gastronomic, and business destinations are all within comfortable walking distance.

From an investment perspective, the location is particularly attractive. District V remains one of Budapest's most stable and prestigious real estate markets, with consistent demand for renovated period apartments from both owner-occupiers and long-term investors.

A rare opportunity to acquire a character-filled property with outstanding potential in the very heart of Budapest.

KEY FEATURES

- 105 sqm living area
- Living room + 2 bedrooms
- Ceiling height: 3.9 m
- North-East orientation
- 2nd floor
- Gas boiler heating
- Requires complete renovation
- Early 1900s period building
- 3-storey residential building
- No elevator

This property is ideally suited to investors and discerning buyers who appreciate the enduring value of downtown period architecture and wish to create a prestigious residence in one of Budapest's most desirable districts.