Budapest Invest
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Initial consultation

Making of: Luxury 2-person shared apartment for students & Airbnb

From Tim Adams 2 min reading time

Making of: 2-person shared apartment, airbnb compatible
Making of: 2-person shared apartment, airbnb compatible

For the implementation, we decided to create 2 independent apartments that share a common kitchen - in principle a shared apartment for two, where each party has its own full bathroom, or where two couples who are friends can stay overnight but at the same time have breakfast or cook together. Such apartments are particularly popular when using Airbnb because business travelers can also stay here for two - an apartment with two independent suites and a complete kitchen is cheaper and more comfortable than two hotel rooms.

The most important steps of the renovation:

  • New SPC laminate was laid on the old parquet, which is protected against water and also stands up well to frequent cleaning (as is common in short-term rental).
  • Completely new layout of the apartment - non-load-bearing walls were removed and new ones were built using dry construction with sound and moisture insulation. 
  • The Power grid was renewed and all electricity and water pipes were re-laid.  
  • Heating and cooling: is done via two separate inverter air conditioning systems that can heat and cool.   
  • The kitchen, but also the glass doors of the showers were all there Custom work – the space was used optimally and the furnishings fulfill all the functions that an (Airbnb) guest or long-term tenant expects. 
  • Although some amenities are dispensable under Airbnb, they are essential for long-term renters: workstation, television connection, washing machine, a large refrigerator and a full-sized stove.

Result

Before the apartment was even finished, we were able to sign the rental contracts: with two overjoyed students who had previously had to live in disgraceful housing in other European cities for significantly higher rents. You are now finishing your studies in Budapest.

You found us via wg-zimmer-budapest.de, our own rental platform.

And if the situation changes after a year or two and Airbnb becomes an option again, we can tackle this together with the owner without having to remodel or upgrade the apartment.

We believe in the value of quality and outstanding design. It attracts (student) tenants who value and respect such an environment, while at the same time it maximizes the options for the owner - and ultimately the return.