5 Room Apartment For Sale in Budapest XII. District

We offer for sale a duplex panoramic luxurious property in the prestige location of Budapest, the XII. district located on Gereben street.

The Shambala House is one of the iconic condominiums of Hungarian contemporary architecture. This apartment can be found on the first floor.
This building is located in a 5500 sqm corner lot in a wooded environment.
This special architectural work was built in 2008 and it was born out of the idea of the famous artist Gábor Városi who as a real estate investor supervised the design and quality construction.
The unique design of the house is reminiscent of wood chip elements and the huge glass surfaces ensure a close-to-nature experience for the future owner.

The extra look is provided by a monolithic reinforced concrete ossature which was covered in wood. The unique design allows you to admire nature and the panorama from every apartment in the building.

This duplex 246 sqm apartment is located on the right edge of the condominium. The more intimate parts of the apartment are located on the ground floor:
• 27 sqm foreground with an imposing spiral staircase
• 3 bedrooms - (15/17/18 sqm)
• 2 bathrooms - (4 and 7 sqm)
• laundry
On the upper level there are huge glass surfaces and monumental spaces typical of the Shambala house:
• the livingroom is combined with the kitchen, total area is 89 sqm
• 1 bedroom with wardrobe (13 + 8 sqm)
• 77 sqm terrace - a small pool has also been set up in the courtyard

The apartment has 3 parking spaces (G9, G10, G11) in the garage and a storage room (T7) which are included in the advertising price (1 543 625 EUR + VAT).
If the property were purchased by a company that has chosen to be taxed on the sale and lease, the transaction will be a reverse VAT transaction (the amount of VAT does not have to be transferred to the seller). If an individual or company buys this property that has not chosen to be taxed on the sale and rental of the property, the amount of VAT must be paid to the seller
.
The condominium has 3 floors, there are 5 apartments in it which can be reached by elevator - so the intimacy of the residents is ensured and they do not disturb each other.
On the first floor there is a larger apartment in the middle, while on the right and left sides of the house there is a duplex apartment. The upper levels reach the attic.
There are currently 2 flats on the ground floor. One of the properties has been completed by opening two sub-apartments. These apartments have a separate garden connection where a swimming pool can be found.
On the basement level there is the garage that can accommodate 9 cars and there is a storage room for each apartment. There is also a mechanical room and a common storage room.

According to mythology Shambala is the celestial city - where heaven and earth meet. This artwork perfectly reflects this since the airy shapes, arched roof, glass surfaces, and residential functions provide perfect harmony for the owners. However it satisfies all the needs of those who want luxury and an intimate environment.
The condominium is in its original design and has not been inhabited since 2019. It requires some reconstruction.
Do not hesitate, please contact me for the further information!