Premium Investment Near Oktogon – 3 Units in 1 Property

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Freshly renovated apartment in the heart of Budapest, within one of the most elegant and historic buildings of the vibrant Teréz Boulevard, a 73 sqm, 3rd-floor apartment is now for sale. It has been divided into three separate units, all facing the quiet inner courtyard and benefiting from great natural light. The property is fully optimized for investment and is located in a beautifully maintained, eclectic-style building with an elevator, offering the charm of the early 1900s combined with a peaceful, orderly environment.

Why this property?

• Triple income opportunity – This 73 sqm apartment has been transformed through a full renovation and interior design into three separate units of 18 sqm, 23 sqm, and 26 sqm. Each has a practical layout, allowing the owner to rent out three independent apartments within one property.

• High rental yield – Designed specifically for rental purposes, with an estimated monthly income of 600,000–650,000 HUF, making it an excellent investment.

• Quiet courtyard orientation – Sheltered from the city noise while still offering bright interiors and comfortable urban living.

• Impressive historic building – Located in a well-maintained, eclectic-style condominium with an elevator, preserving the elegance and character of the turn-of-the-century architecture.

• Premium location – Just steps from Oktogon and Andrássy Avenue, with excellent cultural and gastronomic options nearby, and outstanding public transport (tram 4–6 and Metro line M1).

• Flexible use – Suitable for long-term rental, or a combination of personal residence plus two rentable mini-apartments.

This is a rare downtown property that offers both immediate income and long-term value growth.

The Building

The corner building at Teréz Boulevard 6 was originally constructed in 1885 for Vilmos Müller, designed by architects Sándor and Gyula Wellisch. It underwent significant modernization and expansion in the 1910s, with an additional upper floor added in the 1920s, resulting in the building’s current character.

The façade is well preserved, and the spacious, bright inner courtyard provides a peaceful atmosphere despite the central location. The condominium has 50 apartments, an elevator, excellent financial stability, and ongoing maintenance supported by healthy communal reserves.

Location

• Located in District VI, in the heart of Terézváros, just steps from Oktogon, where the historic Grand Boulevard meets modern urban comfort.

• Excellent public transport – Right on the 4–6 tram line, and only a short walk from the M1 metro station. Nyugati Railway Station, Deák Square, and most central destinations are easily accessible without transfers.

• Shops & services – Cafés, restaurants, supermarkets, 24/7 shops, pharmacies, post office, and banks all within a few minutes’ walk.

• Cultural hotspots – Andrássy Avenue, the Opera House, the Liszt Academy, and numerous theatres and galleries offer endless cultural opportunities.

• Strong rental demand – The central location ensures stable long-term demand and reliable investment performance.

• Comfortable urban living – While the boulevard is lively and dynamic, the courtyard-facing apartments provide a quiet and calm living environment.