River View Apartment For Renovation

Located in the highly sought-after XI district of Budapest, just moments from Gellért Square, this distinguished residence occupies the fourth floor of a well-maintained, classical building with elevator access, reflecting the timeless character of Budapest’s historic architecture.
The apartment itself is in good, maintained condition, offering immediate usability while also presenting significant potential for further enhancement.
Spanning an impressive 169 sqm, the property is currently configured as two separate units within a single title. While not legally divided, each section benefits from its own private entrance, allowing for flexible usage. The apartments are presently operated as short-term rentals, generating income, yet can be effortlessly reconfigured into a single, grand residence.
Following renovation, the property could be transformed into an elegant 3–4 bedroom bourgeois apartment, showcasing generous proportions, high ceilings, and refined spatial flow — ideal for those seeking a prestigious home in one of Buda’s most vibrant yet established neighborhoods.
A defining feature of the residence is its outdoor connection: a terrace and a charming loggia offer captivating views towards the Liberty Bridge, the Danube, and the iconic Gellért Hotel. The area is undergoing a notable transformation, with the hotel set to be revitalized under the management of Mandarin Oriental, alongside the development of a new luxury residential project nearby — both expected to further elevate the prestige and long-term value of the neighborhood.
Whether envisioned as a refined private residence or maintained as an income-generating investment, this property represents a rare opportunity in a truly exceptional location.