Budapest VIII. kerület, Magdolna utca 38. For sale brick apartment

2021-built, like-new apartment – new-build comfort with proven quality.

For sale directly by the owner in Budapest’s District VIII, on Magdolna Street: a modern 45.23 m², 1.5-room apartment on the second floor, with a 6 m² balcony, fully furnished and equipped with appliances.

One of the apartment’s key advantages is that it is not only relatively new, but has also proven itself over several years of actual use. As the first owner, I have experienced no water leaks, issues with windows or doors, or any other significant technical problems since the building was completed. This means there are already several years of real-world experience with the apartment’s technical performance: it combines the modern comfort of a new-build property with the predictability of a home that has already been lived in and has a known history.

I purchased and furnished the apartment for my own use, so this is not a minimally equipped property put together for rental purposes. The current furniture and appliances shown in the photos are included in the purchase price, meaning the new owner essentially only needs to bring their personal belongings.

One of the apartment’s best features is the abundance of natural light provided by the large glass surfaces in the living room. The windows and the 6 m² balcony face the inner courtyard, making the apartment particularly quiet despite its urban location.

The property is located on the second floor of a well-maintained, modern residential building constructed in 2021. The building has an elevator, and CCTV operates in the common areas.

The apartment has central heating with individual metering. Heat distribution, as well as summer cooling, is provided by a fan-coil system.

Current monthly fixed building-related costs:

– Common charges: HUF 15,600/month
– Heating advance: HUF 6,309/month
– Total for the apartment: HUF 21,909/month

If the underground parking space is purchased as well, its common charge is an additional HUF 1,080/month, bringing the total fixed monthly amount including the garage to HUF 22,989. Utilities based on actual consumption are payable in addition to this.

All essential everyday services are easily accessible on foot. Lidl and the local market are located at the end of the street, while several tram and bus lines, as well as public bicycle and scooter services, are available nearby. Budapest city centre can be reached quickly.

Thanks to its bright and quiet layout, recent construction, full furnishing and predictable running costs, the apartment is an excellent choice both as a private home and as an investment.

The underground parking space belonging to the apartment can be purchased separately for HUF 10 million, in addition to the apartment’s purchase price.

Possession is expected to be possible within approximately 2 months. The apartment will be handed over after a fresh maintenance repaint.

For sale directly by the owner. Enquiries are welcome on both weekdays and weekends.