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Park Residences
From €41,173/ £30,742
Low entry, quality buy-to-let property investment in emerging district in Budapest
Exciting buy-to-let opportunity in up-and-coming district, low down payment.
Get involved for as little as € 10,293
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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.
Park Residences
From € 41,173
District VIII, Budapest, Hungary
- Excellent buy-to-let investment with good rental potential
- Only 25% deposit required to ensure maximum returns on investment
- Competitive prices
- Near to new Arena Plaza shopping mall, hospitals and universities
- First-rate transportation links with metro, bus and tram
- District under rejuvenation, increase in prices is expected
- Next to the biggest park in the district
- Amazing quality finish and materials
Park Residences makes a quality investment for the mid to long term. Especially investors looking for buy-to-let property in Budapest will be very content to discover what Park Residences has to offer. The extremely low down payments enable experienced investors to spread their capital, whereas first time buyers can benefit from the low prices by being able to invest sooner, rather than missing the boat in district VIII. It is one of the most emerging central districts, and a certain level of urgency is required to benefit to the full extend. High growth, steady rental demand, combined with available finance solutions make this a safe, profitable investment for people that know that the time to move into a new market is at its first signs of growth.
Park Residences offers a quality modern living environment to its residents, and high rentability to the investor, as the demand for such property is high in district VIII. With various universities in the area, especially the foreign student market rents here. The development consists of just over a hundred units varying from studios to three bedroom apartments. There are landscaped gardens and many other features. With prices being very competitive, there is enough room for substantial growth and as in any other district previously regenerated, this will occur. So, if you’re looking to get in early, invest little of your own cash, and benefit to a maximum from the forecasted growth in both rental and capital appreciation, Park Residences is the way forward. Contact Capital Eyes International today to find out how you can maximize your ROI with Park Residences.
| Property type |
Price |
| Studio – 24 m2 |
From € 41,173 |
| 1 bedroom – 38 m2 |
From € 59,541 |
| 2 bedrooms – 47 m2 |
From € 79,133 |
| 3 bedrooms – 100 m2 |
From € 180,204 |
Finance this property
A one bedroom apartment could be financed through CE Finance from €293.81 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 |
|
€59,541 |
| Equity investment: |
30% |
€ 14,885.25 |
| Rental Yield |
6%* |
€ 3,572.46 |
| Capital Appreciation |
8%* |
€ 4,763.28 |
| ANNUAL YIELD |
14%* |
€ 8,335.74 |
* 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?
8th disctrict is one of the central districts in Budapest most in need of renovation and rejuvenation. At the same time this is exactly the greatest advantage of the district: as large parts of district VIII still have to be renovated and modernized the prices are still very low, but will rise as the district improves. Other districts like IX have gone through the same redevelopment process and have effectively experienced large price increases.
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