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Pikkolo Apartments
From €39,595 / £29,555
Low-priced investment in emerging area of Budapest, Hungary
Up and coming area with inexpensive property and massive growth potential
Get involved for as little as € 7,919
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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.
Pikkolo Apartments
From €39,595
District VIII, Budapest, Hungary
- Invest as little as 39,595€. Minimum entry level for a maximum return!
- Only 20% deposit.
- Very competitive prices in an area of Budapest now being regenerated
- Property prices in district VIII are low but rising rapidly, now is the time to invest
- Superb transport facilities with metro, bus and tram lines nearby
- Magnificent rental demand from thousands of students in the district
- Largest shopping mall in Central Europe is less than 10 minutes away
Pikkolo Apartments is one of the most exciting investment opportunities in the area. With very low prices, high rental demand, primarily from the over 10.000 (international) students attending the prestigious Semmelweis Medical University, and huge potential for capital appreciation there is no better time to get involved in such a project than now. The outlay is minimal thanks to a low deposit of 20%, and finance for the remainder is available to foreign investors.
Pikkolo Apartments is the perfect opportunity to purchase long lasting value for a moderate price. The development consists of 109 units ranging between studios and apartments, and is located in a valuable part of Budapest; district VIII, currently subject to a large scale urban development. Even though the properties have an excellent interior design, to provide comfort and ample spaces to its residents, the purchase price is incredibly low. The area houses the Medical University and Hospital, has great transport facilities and is within walking distance of Arena Plaza, the new shopping mall that has created hundreds of jobs, making it a key location for rental to both students and young families. With such an incredible outlay, and the potential for prices to at least double over the next 5 years, you can’t miss this opportunity to get involved now. Early birds do catch the proverbial worm when it comes to investing! Contact Capital Eyes International today!
| Property type |
Price |
| Studios - 29 m2 |
From €39,595 |
| 1 bedroom- 40 m2 |
From €50,542 |
| 2 bedrooms- 54 m2 |
From €67,173 |
Finance this property
A one bedroom apartment could be financed through CE Finance from €249,40 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 |
|
€50,542 |
| Equity investment: |
20% |
€ 10,108.40 |
| Rental Yield |
6%* |
€ 3,032.52 |
| Capital Appreciation |
8%** |
€ 4,043.36 |
| ANNUAL YIELD |
14%* |
€7,075.88 |
* The information contained herein is purely illustrative and should not be relied upon to form the basis of any contract
** Capital Appreciation for Budapest; in district VIII it is forecasted to be higher
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Did You Know?
Lots of Universities are located in district VIII: the biggest University in Hungary ELTE, the Catholic University, and just 3 tram-stops way the Medical University (SOTE), which has 10,000 students, 3000 of them from abroad, these instututions create a strong demand for high quality rentable flats in the area, boosting up your rental yields.
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