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Andrássy Palace Gardens
From €189,346 / £ 144,263
Breathtaking classical property on main avenue of Budapest, Hungary
Affordable classical renovation project on Unesco protected Andrássy Avenue
Get involved for as little as € 56,804
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You can also Request a Call Back You can also Request a Call Back
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One of our experienced Property Consultants will contact you at your most convenient time to discuss your investment preferences, the equity amount you would like to invest and your expected ROI and investment term. At this stage, you will also discuss any need or question you may have on property finance, rentals and property management, etc.
This will help us to compile a tailor-made investment portfolio according to your investment requirements, thus saving you precious time.
Andrássy Palace Gardens
From 189,346 €
District V, Budapest, Hungary
- Rare chance to own a property in a World Heritage Building
- Strong demand and high projected rental yields
- A mere 5th of the price of similar classical property in other capital cities
- Initial investment from just € 56,804
- Only 30% deposit. Optional 70% mortgage available on completion
- The best possible location in the City Centre of Budapest
- Outstanding transport facilities with metro, bus and tram lines nearby
- One-of-a-kind luxury interiors with high quality fixtures and fittings
Andrássy Palace Gardens is without a doubt a sophisticated, profitable investment. Where in other capital cities you would pay a fortune to purchase a fully renovated, classical property on such a prime location in a World Heritage site, here you can get involved without having to spend a fortune. The capital appreciation potential for this same reason is enormous, as is the projected rental return. With only 30% down, any experienced investor would want a piece of this.
Andrássy Palace Garden is your opportunity to invest in a palace. Located in district VI, the development offers a reminiscence of the Tuscan architecture, surrounded by some of the most important cultural sites in Budapest. This exclusive project comprises of 64 luxury units, ranging from studios to three bedroom apartments. The millennium underground, buses, a tram line, trolley buses and the highway make this central location easily accessible. The complex boasts the most exclusive facilities; such as 24hr concierge, residents club, and sauna to name but a few. This will ensure the investor a certain level of uniqueness, and very high potential rental yields. If you’re looking to invest in a distinctive residential property in booming Budapest, look no further! Contact Capital Eyes International immediately to discover how you can invest in such a majestic property without paying extortional prices.
| Property type |
Price |
| Studios - 42 m2 |
From € 189,346 |
| 1 bedroom- 74 m2 |
From € 365,476 |
| 2 bedrooms- 112 m2 |
From € 426,746 |
| 3 bedrooms- 131 m2 |
From € 586,041 |
Finance this property
A one bedroom apartment could be financed through CE Finance from €1501.11 per month
70% LTV mortgage for 20 years
5,80% Approx
Rent this property
This property could be managed by Tower Property Management, Budapest’s leading property management company. With an extensive database of local and corporate tenants, Tower Budapest is able to provide a high quality professional and hassle-free service to foreign property investors. They will furnish, manage, rent and even renovate your property…
Return on Investment
| Annual ROI Calculation |
| Price |
|
€ 365,476 |
| Equity investment: |
30% |
€ 109,642.80 |
| Rental Yield |
6%* |
€ 21,928.56 |
| Capital Appreciation |
8%* |
€ 29,238.08 |
| ANNUAL YIELD |
14%* |
€ 51,166.64 |
* The information contained herein is purely illustrative and should not be relied upon to form the basis of any contract
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Did You Know?
With countless development plans and new infrastructure to come, Budapest is forecasted to follow the prospects of other European cities, such as Madrid and Dublin, where property markets experienced the highest capital appreciation over the last two decades.
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