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Request details or call 0845 308 4742

Key features:

  • Benefit from 273% return on investment in 5 years
  • 6% NET rental guarantee
  • Launch prices from just €89,750
  • Bespoke financing option – 85% LTV available
  • Fantastic payment terms
  • No capital gains tax on properties owned for 5 years
  • High rental yields & great rental demand
  • Incredible location in the up and coming District XIII
  • UK Developer and Management team – excellent track record
  • Very high specification, all units fully fitted including white goods

Full description:

The Development

The Gardens, Budapest has an exclusively designed around 1,100 m2 of private landscaped gardens. It is a 74 unit residential project with two buildings of 37 apartments facing the south/west oasis, due to be completed mid 2011. This is a turnkey investment with fully furnished and integrated kitchens, solid wood parquet flooring and pre-installed air-conditioning throughout all apartments, naming just a few of the extensive features list.

The Gardens is a breathtaking realisation of innovation and imagination. In addition to this, within 1.6km is “Vaci Office Corridor”, the main commercial belt running out of downtown Pest. This is the most densely populated area of multi national companies in the whole of Budapest. Due to its superior location and easy access to Budapest’s bustling downtown area, The Gardens is one of the safest and most exciting investment opportunities in Budapest.

Why consider The Gardens?
• Freehold apartments from under €100,000 f
• Only 15% deposit, nothing until completion
• Pre-agreed buy-to-let finance for up to 85% LTV*
• Up to 30% of finance can be deferred for 30 year term
• Rental guarantee of 6% net for 2 years
• Benefit from forecasted 273% return on investment in 5 years
• Regeneration area with high domestic demand in District XIII
• Subsidised inspection trips available
• Payment relief available on exchange rates from £ to €

Why invest in Budapest?
• Budapest known as the Paris of Eastern Europe
• €22.6 billion of EU funding being invested in Hungary
• Most stable/wealthy economy of EU countries who joined in 2004
• EURO adoption expected in 2013
• 20% of Hungary's population resides in Budapest
• No capital gains tax after 5 years of ownership
• Budapest generates 60% of Hungary's GDP
• Over 45 of the 50 largest Blue Chip multinationals operational
• A shortage of hi-spec new build accomodation to satisfy demand
• Increasingly popular year-round destination
• Budget airlines already flying to Budapest
• Property prices significantly undervalued

To view this property or request more details, contact Intelligent Property Network, London
If you have other questions about this property, please telephone: 0845 308 4742 (BT 4p/min)

Disclaimer

This is a property advertisement provided and maintained by Intelligent Property Network, London (reference TG0) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Marketed by...

Intelligent Property Network, London

Hill House, 2 Heron Square, Richmond TW9 1EP

Call 0845 308 4742 (BT 4p/min)

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