Masterfully Restored Luxury Residence in the Historic Heart of Budapest

Budapest, Budapest 1051 Hungary

A Masterfully Restored Luxury Residence in the Historic Heart of Budapest’s 5th District

Presenting an exquisite 109 sqm, 3.5-room luxury apartment on the prestigious Veres Pálné Street—an address synonymous with elegance, history, and refined urban living. Located on the first floor of a beautifully maintained early-20th-century residence, this luminous home offers both street and courtyard views with a desirable south-west exposure.

The property has undergone a complete, high-specification renovation, executed in collaboration with an interior architect and technical inspector, ensuring an elevated standard that honors craftsmanship and aesthetic detail. Every system has been renewed, including electrical wiring, plumbing, and heating. Restored wooden windows feature triple-glazed thermal panes and electric aluminum shutters; all rooms showcase Swedish hardwood flooring and designer radiators. Bespoke lighting, including Spanish and Italian chandeliers and multiple ambient installations, creates a sophisticated atmosphere throughout.

Throughout the apartment, custom-crafted painted wooden cabinetry enhances both functionality and elegance. The kitchen is a centerpiece of exceptional design, equipped with high-end appliances backed by a 10-year warranty, oak inlays, unique stone finishes, and a sculptural kitchen island. Sound-insulated walls and a concrete-reinforced base underscore the quality of this extensive refurbishment. Heating is provided by the building’s central system, ensuring remarkably efficient running costs.

The layout is graceful and practical: an entry hall with full-height built-ins leads to the showpiece kitchen. Adjacent is a quiet bedroom with courtyard views, complemented by a refined bathroom with bespoke cabinetry and a walk-in shower, as well as a well-conceived laundry room.

The magnificent living room impresses with a custom mirrored shelving installation and a dining area suitable for gatherings of up to 14 guests. A 65-inch television and a real-stone-clad vapor fireplace elevate the ambiance with modern comfort and eco-friendly charm.

From here, the tranquil primary suite unfolds—a serene bedroom linked to a walk-through, tailor-built dressing room, opening into a spa-like bathroom with both bathtub and shower. Sculpted lighting and integrated furnishings provide an indulgent, private sanctuary.

Building & Location
Constructed between 1915–1918 for the illustrious Fay family, the building retains its period grandeur, from original wrought-iron ornamentation to preserved wooden balustrades. The façade has been renovated, and the condominium—comprising 6 floors and 50 units—is impeccably maintained. Two parking garages are located just steps away.

Situated in a charming one-way street in the heart of downtown, the residence benefits from excellent public transport links, with metro lines M1, M2, M3, and multiple bus and tram routes within walking distance. The Danube promenade, celebrated restaurants, and cultural venues are moments away.

Community fees: 56,000 HUF/month, including heating and water. Electricity billed individually.
Status: Unencumbered, immediately move-in ready.

A rare opportunity to acquire a meticulously designed residence that combines historic character, contemporary refinement, and an address of enduring prestige.