Budapest property for saleRegent Homes – District VII - Budapest
DEVELOPMENT FEATURES
- Unique Investment in downtown location
- Next to Kaleti railway station & metro line 2
- One of the few new projects in district VII
REASONS TO INVEST
- Renovation plan for this area, high capital appreciation
- Up to 80% mortgage for foreign investors, just 15% deposit
- High rental potential, corporate tenants
- Properties in Budapest are expected to double over the next 5 to 7 years
Prices from only €111,228
Regent Homes is a luxurious investment for the savvy investor with mortgages available up to 80% for foreign investors and, due to its downtown location, generates a very high rental potential from corporate tenants and local families.
Since Hungary entered the European Union in 2004, its economy started to grow continuously. This economic upturn gets evident through the opening of several headquarters of multinational companies, such as Vodafone, Volvo, etc. in Budapest.
The Development
This superb new development is located at Akákfa Street, right in the heart of Budapest District VII, a key location, within a few minutes walk o District V, the well known bank district, District VI, the Budapest cultural hub, housing most of the embassies, theatres, the Opera House and some of the most landmark buildings. The area is expected to
experience a regeneration plan over the next few years by the District II Municipality. Neighboring streets include the shopping street of Kiraly Utca and Liszt Ferenc Ter, with the largest offer of trendy cafes, restaurants and bars.
This building offers the most secure property investment, thanks to its competitive pricing, its exclusive design and its unique quality specs, matching the requirements of those who look for good quality rental properties on a good location.
The Location, District VII
Regent Homes is just a few meters away from Metro Line 2 station and also enjoys a wide range of bus and tram lines nearby, making it an easily accessible area. Keleti Railway Station is less than five minutes walk.
Investors can choose from a range of 46 apartments, with a choice of one, two and three beds units, with the added benefit of a secure underground parking space, a key advantage due to its downtown location and two retail units on the ground floor.
Regent Homes is, undoubtedly, a unique investment opportunity. On top of its location and quality, SLG Property has arranged the best payment terms for our investor clients, allowing them to pay only a 15% deposit, with the balance on completion, which means a really low entry level investment with the maximum return well ensured.
Prices and Payment Schedule
- 1 bedroom apartment from €111,228 (£77,755 approx.)
- 2 bedroom apartment from €177,812 (£124,300 approx.)
- 3 bedroom apartment from €199,853 (£139,709 approx.)
- 46 units available. Parking spaces and store rooms available.
V.A.T. is included in prices.
- Reservation: €5,000
- Private contract: 15%
- Completion: 85%
- Completion in February 2008
