For sale: a unique development opportunity in Budapest’s prestigious 5th district, located at Falk Miksa utca
This spacious 181 m² brick apartment is situated on the 5th floor of a well-maintained 6-story building with an elevator. The property currently consists of two separate units (registered under two individual cadastral numbers) that have been opened into one large space, offering exceptional flexibility for redesign and customization.
The apartment is in unfinished condition, providing a perfect opportunity for buyers to complete and tailor the interior to their own vision—whether as a luxury residence or an investment project.
The layout includes 4 rooms, with the potential for further reconfiguration. Thanks to ceiling heights above 3 meters, the space feels expansive and full of natural light. The property offers double-comfort potential, with both separate and combined bathroom and WC configurations already possible.
Key features:
- Total area: 181 m²
- 4 rooms
- Unfinished condition – customizable interior
- Two separate units merged into one (2 cadastral numbers)
- Two separate entrances
- High ceilings (over 3 meters)
- 5th floor in a 6-story building
- Elevator available
- Excellent central location on Falk Miksa utca
An outstanding opportunity to create a bespoke luxury home or a high-yield investment property in one of Budapest’s most desirable areas.
Price: 323 million HUF
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Small streets along the Northern part of the Váci Street (between Ferenciek Square and Vörösmarty Square), the area is bordered by the Danube on the East and the Erzsébet Bridge – Astoria Square – Erzsébet Square – Chain Bridge line.
Vörösmarty Square, at the Northern end of Váci street, is the heart of the are...