Budapest XIII. kerület, Szabolcs utca 23-25. For sale brick apartment

PARK WEST – 2 BEDROOMS + LIVING ROOM, TERRACE, GARAGE, EXCELLENT INVESTMENT

For sale in the 13th district, in the Park West residential complex built in 2022, a 57 m², 2-bedroom, modern apartment with an American kitchen living room and a 9 m² terrace, with a garage parking space.

The apartment on the 4th floor, accessible by elevator, has a bright, modern design, is currently being rented out for short-term rentals, with an average monthly income of nearly 900,000 HUF. It is being sold fully furnished and equipped, making it an ideal choice for both your own home and investment.

ABOUT THE APARTMENT

The distribution of the property is practical: it consists of a living room with an American kitchen, two separate bedrooms, a bathroom and a terrace.

The living room is spacious, bright, air-conditioned, and the connected modern American kitchen is fully mechanized. Its equipment includes a large fridge-freezer, oven, microwave and dishwasher.

The two separate bedrooms are comfortably sized and currently furnished with large double beds.

The bathroom is equipped with a bathtub, a heated towel rail and a washing machine.

One of the pleasant parts of the apartment is the 9 m² terrace, which provides a comfortable place for breakfast, coffee or relaxation.

MAIN FEATURES

- 57 m² living space + 9 m² terrace
- living room with American kitchen
- 2 separate bedrooms
- 4th floor
- elevator
- 2022 construction
- street view
- air conditioning
- mechanized kitchen
- bathroom with bathtub
- washing machine
- modern, new condition
- sold with full furniture and equipment
- indoor garage-parking

MIGHT ALSO BE INTERESTING FOR INVESTORS

The apartment is currently operating as a short-term accommodation, with an average monthly income of approximately 900,000 HUF. Previous operation and income can be verified with documentation. The expected rental fee for long-term rental is ~450,000 HUF per month.

The full furniture and equipment are part of the purchase price, so the property can be utilized without any additional significant equipment costs.

SURROUNDINGS

One of the great advantages of the location is the proximity to the City Park and Heroes' Square. The Széchenyi Thermal Bath, the Budapest Zoo, the Museum of Fine Arts and Andrássy Avenue are also easily accessible.

Grocery stores, pharmacies, cafes and other services are nearby, and public transport connections ensure quick access to the city center.

The area offers both good urban infrastructure and a pleasant living environment.

ABOUT PARK WEST 1

Park West 1, which was completed in 2022, is a modern, energy-efficient residential development by LIVING–WING, designed with a higher level of comfort and community services than traditional condominiums.

The apartments are factory-built with the SMART Home smart home system, which provides, among other things, intelligent heating control.

The comfort of the residents is completed by a communal living room, coworking workspace and business corner, a communal library, 24-hour package pick-up, and additional community services.

The building is equipped with an elevator, is barrier-free, and has an underground garage, and energy efficiency, sunlight, and serving the needs of modern urban life were key considerations in the design of the residential park.

PURCHASE PRICE

Apartment: 113,000,000 HUF
Common costs: 20,000 - 25,000 HUF / month
The purchase of a garage parking an additional 7,000,000 HUF.

Total purchase price: 120,000,000 HUF.

Information regarding short-term rental:

The property is currently operating as a regular short-term accommodation. However, according to the current Budapest regulations, a change in the person of the accommodation provider cannot be registered until December 31, 2026, therefore the automatic takeover of the current Airbnb/NTAK operation for the new owner is not guaranteed. It is the buyer's responsibility to check the conditions of future utilization.

For further information and viewing, please contact us with confidence!