PropertyDeveloper.eu at Szigetszentmiklós, Hungary

RENTED! 99 m2 shop/office (2310 Szigetszentmiklós, Árpád street 44.)
Price category: €/m2/month (net)

Street front
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Neighboring stores
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Neighboring stores
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Basic parameters of the real estate Legend: present, can be built, not present

Description RENTED!

The property is located in the center of the old town, close to the Mayor's Office, the Szigetszentmiklós station of the H6 railway and the Danube. It lays in a quiet and frequented area with good transport and parking facilities.

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The following strategies may be the most suitable for the development and utilization of the four adjacent properties under Árpád street 44, 46, 48/A and 48/B in Szigetszentmiklós:

  1. Multifunctional real estate development
    Properties next to each other offer an excellent opportunity to create a larger, multi-functional project. You can combine the properties or create a joint utilization concept.
    A combination of commercial and residential units: Shops can remain on the lower floors, while the attic spaces can be converted into modern apartments or offices. Such mixed use can provide regular rental income.
    Commercial complex: The development of a larger commercial unit that connects the three properties, such as a small shopping center or a specialized business center.
  2. Rental for Office Purposes
    Converting and renting premises for office purposes can be profitable in the long term, especially if there is a growing demand for such premises in the area.
    Coworking space: By developing the three properties together, you can create a modern coworking center that can be attractive to freelancers and smaller companies. Coworking space is growing in popularity and can provide a stable income.
  3. Design of residential units
    By incorporating the attic, the creation of residential units provides an opportunity to take advantage of market housing prices.
    Airbnb or short-term rental: If the area is attractive for tourism, short-term rental of apartments can also be profitable.
  4. Real Estate Consolidation and Redevelopment
    By combining properties, you can realize a larger construction project, for example in the form of a modern apartment building or residential park.
    Residential park or apartment complex: By combining the three properties, you can realize a larger residential real estate development, which can bring a high yield depending on the local real estate market needs.
  5. Mixed Use
    It may also be worthwhile to develop the properties with mixed use, so you can maximize the various sources of income.
    Lower floors for commercial purposes, upper floors for residential or office purposes: This solution adapts flexibly to market needs and optimizes the real estate value.
  6. Long Term Rental
    If you don't want to start a major development project, renting out existing stores can provide stable income in the long term. In addition, by installing the attic, you can create new rental properties that can increase the yield.

Real estate location

2310 Szigetszentmiklós, Árpád street 44.

Google streetview

2310 Szigetszentmiklós, Árpád street 44.