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Investment Property » For Sale » Hungary » Budapest » Off Plan Apartments Near The River Danube District 9 In Budapest    

Off Plan Apartments Near The River Danube District 9 In Budapest


Location

Hungary
Budapest
District 9

Available units

  

Studio
32m2 - 51m2 from €52,978 to €83,998

  

2 Bed
62m2 - 104m2 from €84,742 to €173,123

  

3 Bed
110m2 - 115m2 from €157,609 to €210,057

Delivery date: End of 2009
Max rental return: 9%
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Property ID: 485801


     
 

 Description

Key selling points

  • high standard apartments near the river Danube
  • strong rehabilitation in the area - high capital growth
  • busy tenant market - office complexes and universities nearby
  • Competitively priced, low entry level investment
  • Early stage of sales, low price

Highlights

- High standard apartments in District 9 near the river Danube
- New project - low squaremetre prices - possibility to choose from many apartments
- Strong rehabilitation takes place in the area - capital growth potential is high
- District 9 is becoming more and more popular with companies, several Class A office buildings are being constructed besides the existing ones
- District 9 hosts several universities including the most popular ones in Hungary
- High rental demand for new builds

Investment

This project is a perfect investment thanks to its great location and the huge rehabilitation that takes place in District 9 and which creates high capital growth. Situated one block away the river Danube, in a fast improving area, it has very promising prices.

9th district has a busy tenant market: head offices of many international companies, several colleges and universities are located in close vicinity with the condominium. Numerous cultural institutes are situated here as well. As a result, high rental returns are expected.

This is a new project so the prices are low and there is a possibility to choose the best apartments. Long completion time.

With its excellent central location this project will give you a strong return on your investment. Capital appreciation potentials in Budapest has never been as high as now, at a time when Hungary has joined the European Union and the EURO accession is on the horizon.

Rental factor

There is strong rental demand for newly-built apartments in the area because District 9 hosts several universities (including the most popular university of Hungary), many international companies and cultural institutes (National Theatre, the Palace of Fine Arts). Tenants include both students and professionals.

- Excellent location one block away the river Danube
- Fast improving area where a lot of rehabilitation takes place triggering increasing property prices
- High quality apartments
- New project: low prices, the best apartments can be picked, long completion time
- Booming tenant market in District 9, many universities, international companies (e.g. Vodafone) are here

About the project - Setting of space and trend

Pure, bright style and clear-out, compelling interiors with enormous glass walls and windows for the extraordinary view, fine materials greet the visitors of the bauhaus building. Getting closer to the condominium you can feel the intentness of the architects as you walk through the passage on the natural pavement, getting around the park to enter the building which houses 170 apartments. There are various parlors in various sizes on the ground floor and exclusive apartments with enchanting panorama. Tenants can park their car securely in the basement.

The state-of-the-art building will be constructed by applying modern architectural solutions to ensure an elegant, up-to-date appearance. The facade will be covered with natural stones to enhance the cutting edge design. In the high quality apartments there will be wooden parquet.

Location and transport

River Danube is only two corners away the condominium. Take tram No.2 to get to the Palace of Arts, the National Theatre or the Lurdy Shopping Centre. This area inspires companies to rent or buy their office in the new, compelling buildings aside the quay. You can take a short walk and you are in Raday street, where you can feel the unique atmosphere of the charming cafes and delightful restaurants.
Boraros Square is a central transport junction and is only a couple of minutes away. Trams No. 2, 4 and 6, bus No.15 can take you through the city, calling the centres both Pest and Buda. The Blue tube line has two stops in 5 minutes walk.  

 

 

 
     
     
 

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