For sale: a top-floor, 12th-floor, 3-room panel apartment in need of renovation, exceptionally bright with western and southern exposure, located at Vág utca 7., District XIII, Budapest, including a private parking space.

The property is situated just a few minutes’ walk from the Dózsa György út metro station, making it easily accessible both by car and public transportation. Despite its central location, the apartment is quiet and private thanks to its high-floor position.

The apartment is located on the top floor of a regularly maintained, well-kept, insulated 12-story panel building that has undergone the government-supported panel renovation program. Due to its southern and western orientation, the apartment enjoys abundant natural light throughout the day. As the surrounding buildings are significantly lower, the apartment benefits from an almost permanent panoramic view, including the Hungarian Parliament, Buda Castle and the surrounding hills, Gellért Hill, and the Citadel.

The apartment is currently in fully renovatable condition. Its layout consists of three separate rooms, a separate kitchen, a separate bathroom, a toilet, and multiple storage spaces. Due to the top-floor location, the floor plan offers some flexibility for redesign. The property also includes a private courtyard parking space and a separate lockable 2.5 sqm storage unit located on the first floor, ensuring it remains completely dry.

The apartment is exceptionally quiet. As a corner unit, it only shares walls with neighboring apartments along the bathroom, toilet, and kitchen side, while city noise hardly reaches the 12th floor.

The condominium is orderly, continuously maintained, and modernized under the panel renovation program. During the upgrades, both elevators were renovated (one of them being an extendable freight elevator), the heating system was modernized, and every apartment and radiator was equipped with digital heat consumption meters. The building received 10 cm external thermal insulation, while the roof above the apartment was also renewed with new thermal and waterproof insulation.

The condominium has a stable financial background, supported by regular income from the rental of ground-floor commercial units, contributing to the continuous maintenance and improvement of the building. The common areas are in good condition, and the residential community is well-maintained and respectful.

The infrastructure of the area is excellent. Within a few minutes’ walking distance are the Danube riverbank, the Marina area, Lehel Square, as well as numerous shops, restaurants, cafés, and services.
Public transportation is outstanding, with the M3 metro line, Tram 1, and several bus lines providing quick access to any part of Budapest.

Monthly common charges from April 1st: HUF 17,336/month.

Parking fee: HUF 8,000/year.

The property is free of liens, encumbrances, and legal claims.

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