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 Budapests 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
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Intelligent Property Network, London
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