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Mill Lofts
From €111,032 / £ 82,788
Modern loft conversion in central 9th district of Budapest
Renovated, central investment property in Budapest with easy payment terms.
Get involved for as little as € 22,206
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+34 951317323
We have a multilingual team, who speaks fluent English, Spanish, German, French and Hungarian.
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.
Mill Lofts
From 111,032 €
District IX, Budapest, Hungary
- Only 20% deposits
- Fashionable, up and coming district
- Located 100 meters from the Danube, surrounded by international companies such as Vodafone and IBM
- High projected rental yields with corporate and ex-pat tenants
- Stunning luxurious interior
- Very high capital appreciation forecasted
- Unique loft conversion, limited availability
- The most exciting, talked about project in Budapest
- Amazing value for money
Mill Lofts is a no-brainer when it comes to investing; location, price, equity needed, rental potential and growth in the area, it all adds up. This is why many investors have already secured their unit in this fantastic, one-of-a-kind project that is well-known throughout Budapest. The low deposits enable investors to get involved easily, taking advantage of the easy financing options on completion. High ROI is very achievable and rental yields for such a unique development on a prime location are forecasted very positively.
Mill Lofts is a unique loft conversion project of a 19th century old mill, a landmark in district IX. The development will boast a limited number of exclusive, high end luxury loft apartments, with interior heights of up to 5 meters, amazing finishing, 24hr concierge service and many other luxury features. This will give the project an exclusive feel which will enable the investor to achieve higher rental yields, with many corporate tenants already lined up. Transportation in the area is unrivaled, as is its central location close to both Danube and city centre, surrounded by trendy establishments. The project is currently being renovated, allowing the investor to benefit from growth during renovation without having to cover anything more than an initial deposit of 20%. If you are looking for a unique investment in booming Budapest, with low entry levels and high projected ROI, Mill Lofts may well be your perfect opportunity! Don’t hesitate and contact Capital Eyes International now to discover how easily you can invest in Mill Lofts!!!
| Property type |
Price |
| 61 m2 loft |
From € 111,032 |
| 94 m2 loft |
From € 208,114 |
| 154 m2 loft |
From € 294,049 |
| 337 m2 loft |
From € 777,756 |
Finance this property
A 94m 2 loft could be financed through CE Finance from €1026,96 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 |
|
€ 208,11 |
| Equity investment: |
20% |
€ 41,622.80 |
| Rental Yield |
6%* |
€ 12,486.84 |
| Capital Appreciation |
8%* |
€ 16,649.12 |
| ANNUAL YIELD |
14%* |
€ 29,135.96 |
* 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?
The best example of price increases in Budapest is District IX, where a large-scale rehabilitation process started in ‘92 (with some thousands of renovated homes until today), proved to be very successful. Due to this, prices increased rapidly, and even now, as the renewed area stretches towards Haller Street, it remains popular among investors. District 9 is also playing an important role in the creation of a new entertainment area of Budapest, namely Ráday Street and surroundings, inside the Great Boulevard, as well as a cultural center with the new National Theatre and Palace of Arts, which will increase the prices.
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