Garay Street

Mini Studio for Sale on Garay Street, Budapest – Unique Opportunity for Investors and Students!

We are offering for sale a fully renovated mini studio (12 m² + mezzanine) on Garay Street in Budapest’s 7th District. Renovated just 2.5 years ago, the apartment offers excellent transport connections and all essential services within walking distance.

Key Features

Prime Location: Only 5 minutes’ walk to M2 and M4 metro lines. Nearby you’ll find Garay Shopping Center, restaurants, cafés, laundromats, and shops. Major universities (Semmelweis, ELTE, BME, University of Veterinary Medicine, Metropolitan University) are just minutes away.
Ideal for Investors: The property has a reliable tenant who has been renting for 2.5 years and would be happy to stay. With rental income, a 6–7% yield plus potential value appreciation can be achieved.
Move-in Ready: Sold fully furnished and equipped (microwave, fridge, Bosch water heater, heating panels, wardrobes, etc.).
Low Utility Costs: Heating is provided by a combination of electric panels and the building’s central system, with monthly utilities around 4–5,000 HUF.
Parking Option: Garage parking in the building available subject to capacity.

Important Information

The property is registered as a commercial unit, so traditional residential mortgages are not available. However, self-employed individuals or small businesses may apply for the 3% Széchenyi Microcredit MAX+ loan.

District 7. - Erzsébetváros

The area was named after Queen Elizabeth, the wife of Emperor Joseph I. Here you will find the Dohány Street Synagogue, the second-largest in the world. The restaurants and cafes of Gozsdu Court, which is lined by Király Street and Dob Street, await those who wish to refresh themselves. The plays of the Madách Theatre and the Hungarian Theatre of Pest await the culture lovers.

The closest shopping malls are the Arena Plaza next to the Eastern Railway Station and Europeum next to Blaha Lujza Square. On the Erzsébet Boulevard section of the Grand Boulevard (Nagykörút), tram line 4-6 runs through Astoria, parallel to Rákóczi Road, and the M2 metro line runs along the edge of the district. Due to the proximity of Deák Square and the Eastern Railway Station, the M3 and M4 lines are easily accessible.

Students may prefer the area due to the proximity of ELTE Faculty of Education and Psychology, Budapest Metropolitan University, the Károli Gáspár University of the Reformed Church or the University of Veterinary Medicine. Inside the district, Klauzál Square provides green space for nature lovers, while on its outer border begins City Park, one of the capital's largest parks, where numerous museums and the Zoo provide regeneration opportunities for residents of the area.