For sale: 5-room (2+3) large apartment with an excellent location in the Csepel-Erdőalja (XXI.) suburban area with fair overheads, still affordable compared to Ferencváros

Budapest downtown orientation (MÜPA, Lurdi, Boráros - 15 minutes away) - still affordable compared to downtown prices - excellent location along the public transport backbone, on the border of Csepel-Erdőalja - at the beginning of Völgy street - in a frequented suburban environment, 5-room 84+4 sqm mezzanine floor apartment in a 4-level new-type panel condominium, with fair overheads. From owner, now below market price, negotiable!

The apartment is for sale from the first owner, in a lawsuit-, encumbrance-, mortgage-, credit-, debt-, and arrears-FREE condition. Built in 1983, 84.84+4.08 sqm actual area panel (market size: 86 sqm due to balcony) (ground floor), which is under renovation. It consists of 5 rooms with separate entrances, with all comforts, a relatively large, bright kitchen, rooms. With a balcony and rooms overlooking the park. There are also shutters on the windows, each window is independently tilt-open.

View our image gallery and virtual walk-through video to see how the interior designer envisions this apartment to look in a modern, youthful style, and dream up your own style! I can only provide the walls :) The property does not include movables! The virtual animation video shows the interior spaces of the apartment according to the light conditions prevailing at 2 pm during the equinox, with the architect's furniture ideas.

The apartment is suitable for private use as a multi-generational apartment, as each generation can live their private life independently of each other through separate entrances, so grandparents, parents, children in separate living spaces. Or a place for separation for teenage children, where they can start becoming independent. Furthermore, it is particularly ideal for large families with 3-4 children (CSOK), as each child can have their own realm.

The apartment is also suitable for an office (for example, a law firm, dental office, or beauty salon), as all necessary mandatory social facilities can be created in it with separate entrances.

Currently, continuous renovation is taking place inside the apartment, so there are constant changes, which I will update here, up-to-date.

COMPLETION TASKS THAT AWAIT THE BUYER:
- kitchen with full installation: I think it is clear that this apartment is not a single-family home, so a minibar built into the kitchen furniture, where you can put a leftover pizza slice, will not be enough. The buyer knows exactly how big and how many large kitchen appliances he has, so the installation must be adjusted to this. I can recommend a carpenter who does correct work at a fair price, but like all good professionals, he has a waiting list, he will not be available immediately. But it is worth the wait.
- replacement of standard interior doors: nowadays, hundreds of styles of doors are available in standard sizes (door/frame 90/100) with immediate delivery, the buyer decides which style and price category he prefers.
- final covering of walls and floors: this is again a matter of taste, who likes what color scheme, I only do renovations (smoothing, priming, leveling) up to the point where only one last step remains for customization.

Would you rather have a turnkey apartment with no hassle? For an additional fee, we can arrange anything from handover to possession, just tell us your ideas.

Windows and doors were previously replaced with plastic, properly sealed, maintained. Radiators were also replaced with Viking radiators, which can be vented, are aesthetic, and much easier to clean. Each can be removed individually without a central water drain. The sanitary ware, which is of factory size and design, will be completely renovated, because after moving in, for example, with 4 children, it would be difficult to solve the problem of not bathing the children for a week.

An energy certificate and electrical safety inspection report will be attached to the sale according to the original state at the time of installation, which will be a COMPLIANT qualification according to the standards and laws at the time of installation.

The condominium's water and sewer system has been renovated, the entrance doors, staircase windows, and lino are new. The condominium has no significant debt (the housing fund switched back to savings in June). The condominium has a capital reserve of 11.1 million. Its outstanding common cost arrears are minimal. TH has building engineering insurance, to which a discounted additional insurance can be added. There are 56 apartments in the condominium in 4 staircases in total (4x14 apartments). The owners' general meeting plans to join the panel program in several stages within 3 years (common cost increase is not excluded).

The apartment includes a 10 sqm rented basement (200 HUF/sqm/month, which covers the additional costs of the basement, e.g. lighting) which can be expanded or canceled as needed.

Due to the fact that the apartment is on the ground floor, it is free from the heat-insulating effect typical of panels, with a tolerable temperature in winter and summer, and can be ventilated with a north-south cross draft. Due to the orientation and location of the apartment, air conditioning is not currently urgently needed, but if there were a need for it, a multi-split air conditioner with 1 outdoor (can be placed on the inner side wall of the balcony without the obligation to apply for a permit) and 3 indoor units will power the apartment with a maximum current requirement of 16A.

This panel apartment size is the largest panel size available in Hungary, only 20 of them have been built nationwide. Due to its special size, it is only available in a ground floor version.

Living room: 22sqm (under full renovation)
Balcony: 4sqm (under renovation)
L-shaped room: 12sqm (2016 - habitable, waiting for aesthetic tuning, carpet machine-washed and refurbished)
Back small room: 7sqm (2016 - habitable)
Long room: 11sqm (2016 - habitable, with new-modern 16-drawer, 8-door built-in wardrobe)
Front small room: 6sqm (habitable, waiting for aesthetic tuning)
Front entrance (wardrobe): 4sqm
Back entrance (wardrobe): 2sqm
Kitchen: 8sqm and expandable hall (13sqm) (original condition - retro70s style)
Bathroom: 170x160 (under full renovation)
WC: 80x100 (under full renovation)

Transportation: direct SubUrbanTrain connection, downtown is reachable in 20 minutes (SubUrbanTrain stop on foot 520 meters, frequency: 6-10 minutes, travel time: 13 minutes), Nursery, Kindergarten, School (Herman Ottó), Pharmacy, SPAR, tobacconist, bakery, pastry shop, other shops, all kinds of parcel machines within 5 minutes walking distance, SZTK, Plaza, Market 10 minutes either on foot or by direct bus from house to house. Bus stop 35, 36 is visible from the kitchen window within 50m. Bus stop 159 is at the beginning of the street. Dog running, sports opportunities are also close, without disturbing anyone. TESCO 18 minutes on foot, or 3 minutes by car. If needed, Roman Catholic church 3 minutes on foot, Reformed, Evangelical 3 bus stops. The most active minority community in Csepel is the Swabian, with regular programs for all ages. Ukrainian minority primary and secondary school 3 bus stops from house to house.

Parking: street (front, back) free
Orientation: (S-W, N-E) two-sided
Interior height: 2.65 m
Gas: none
Electricity: 35A/46A, 1 Phase, PEN, 2 RCDs (Fi-relay) installed.
Stove: electric, 25A, 1 Phase – 4-zone glass ceramic hob brand new – 2 year parts warranty
Water: central heating hot water
Heating: central heating (district heating)
Joule demand in the coldest month including hot water: under 27,000 HUF (213 cubic meters of air)

The apartment is occupied by the owner, the sale is the cover for moving out. The price is currently negotiable. Expected possession within 2-3 months. The apartment will be handed over in a habitable condition, so some aesthetic improvements can be flexibly rescheduled by the new owner.

Regards, Robert

If you have further questions how to buy an apartment in Hungary as a non-hungarian-citizen, feel free to contact this helpful LawOffice (Chinese, Japanese, Vietnamese ppl are also welcomed):

dr. Eszter Sztrókay lawier - (English, Hungarian)
1122 Budapest, Városmajor u. 41/b.
SztrokayLawOffice (Google will be your best friend for more contact details, this webplatform does not allow publishing direct contact infos for secure reasons)

Read more