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An Apartment in Budapest, Hungary
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Szent Laszlo 80
Szent Laszlo 80 is located in District XIII, the most dynamically evolving neighbourhood of Budapest. District 13 is well known for its vast supple of Class A office buildings, running along the Vaci Office corridor, where companies like Vodafone, KPMG, Maler Hungarian Airlines, Oriflame, and Volvo have their headquarters as do many banks. The two new Skyscrapers of Budapest, the Duna Tower and the Europe Tower are also located in District XII by the bank of the River Danube.
36 modern apartments with excellent layouts
Value for money investment: low entry level, quality finish
High rental returns expected from local market demand
At least 20% Capital Appreciation expected during the build period
Attractive payment schedule. 30% first payment with balance payable on completion
Indoor and outdoor car parking available
2 popular shopping centres nearby
Rapidly developing city centre district
Only 6% stamp duty payable on amount above 60.000€
Buy to Let Investment
Szent Laszlo 80 is expected to achieve rental yields of above 7% and with low price / m2 is also posistioned to benefit from Capital Growth after completion of 10 – 15% per annum in the next 5 years.
Location
Budapests District XIII is one of the newer areas of the City, built for the aristocracy during a period of huge economic growth. A highly sought after district, this area is presently experiencing a commercial building boom with numerous modern structures going up both in the residential and the commercial fields.
This is why this district is one of the 2 rejuvenation zones of Central Budapest, an example of elite urban planning, District XIII is ideal for the ecologically minded. With many wide roads and greenery, its air is cleaner than other districts. With its tree lined streets and public parks this district is especially attractive to City lovers who want a hint of the country living aswell.
The Development
Szent Laszlo 80 offers a limited supply of smartly laid out rental properties that will attract both local Hungarians and foreign students. This small development is an excellent example of buy to let investment property in Budapest, offering high rental yields and Capital Appreciation potential.
The project is made up of 2 identical buildings, which will have 18 apartments each. Each of the 4 floors include one studio, three 1 bedrooms and one 2 bedroom apartment. A designed green courtyard will be located between the two buildings.
Pricing and Payment Schedule
Ideal for Investment purposes, those who consider purchasing a unit at Szent Laszlo 80 will benefit from 30/70 payment structure, paying only 30% of the total cost a sa first installment, with the balance due on completion of the project in approximately January 2008.
3.000euro reservation
30% ( less 3.000€ ) required on signing of PPC within 30 days
70% on completion January 2008
We can assist you with acquiring up to a 70% mortgage.
Return on Investment
With only 36 units located close to the City Centre, a re-generation neighbourhood and low entry level prices, Szent Laszlo 80 is ideally posistioned to give you a strong return on your investment. Capital Appreciation potentials in Budapest have never been as high as now, at a time when Hungary has joined the European Union and the EURO accession is on the horizon.
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