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PARK RESIDENCES
Minimum Deposit: 11.000€
Prices From: 40.350€
Reservation Fee: 3.000€
Payment Terms: 25% on PPC
75% on Completion ( Dec 2008 )
Key Investment Points:
• Excellent buy to let market, huge rental demand from local and foreign students
• Property prices are still low
• Key location – Close to universities, hospitals and museums
• Excellent transport facilities
• High capital appreciation
Quality low entry investment with the highest return in the heart of booming District VIII which is experiencing many improvements & changes and could be considered to be the best kept secret for wise investors, who can forecast the highest returns within the next coming years, surrounded by large parks and pedestrian areas, Park Residences is the hottest investment project in downtown Budapest.
Park Residences is a modern, cosmopolitan building consisting of 104 studio, one, two and three bed apartments, designed to cater for the needs of young students and families starting out. In the immediate vicinity there are several schools, sporting and entertainment facilities aswell as a large 23 hectare park, which is located next to this superb new project.
Those who invest in Park Residences are forecasted to get a really successful investment, thanks to its key location, close to universities and hospitals, with an ever increasing demand of good quality rental apartments, with annual rental yields of around 7%. This excellent ROI, coupled with the highest capital appreciation levels expected for this redeveloped area and the new metro line number 4 will make Park Residences a premium property investment in Budapest.
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