Saint Laszlo 80 is a fantastic opportunity to invest in an extremely competitively priced project in Central Budapest. For those investors seeking to either get on the property ladder or for those seeking to diversify an existing property portfolio, Saint Laszlo 80 is ideal.
The Location
Located in the up-and-coming District XIII, where much of the new inward investment is being concentrated Saint Laszlo 80 will benefit from rapid growth as more and more companies joining the ever growing list of multinationals with operations here.
District XIII is already known for its vast supply of class A office buildings running along the Vaci Corridor, where companies like Vodafone, KPMG, Malev Airlines, Volvo have their headquarters as do many banks like CIB, Budapest Bank and OTP.
Two of the largest shopping malls of Central / Eastern Europe, the Westend Mall and Duna Plaza, are also located in this area which boarders both the River Danube and the Government area, District V.
This is also one of the greenest parts of the city and features Margaret Island, one of the prime tourist attractions of the city.
The Development
Saint Laszlo 80 is comprised of two buildings, each with 18 apartments. Each floor includes one studio, three 1-bedroom apartments, and 2-bedroom apartments. A landscaped courtyard will be situated between the two buildings.
An indoor car garage is located on the ground floor.
Return on Investment
Saint Laszlo is situated in a prime buy-to-let area, not just because of its city centre location, but also due to the amount of office buildings nearby. Investors should expect at least 7% rental yields on this project.
The price on this development is also very competitive, offering great scope for capital appreciation. Capital appreciation for property in this area is projected at 10%-15% per annum.
In sum Saint Laszlo 80 is a rare opportunity to own property in a prime city centre location at an extremely competitive price.
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Property Type: Apartment
This is an Off-Plan property
Estimated Date of completion: December/2008
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Country: Hungary |
| Region: Budapest
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| City / Town: Budapest
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| Location: Inland,
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Airport 1: , Distance: 5 km
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Property Features:
Bathrooms: 1
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Garage
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| Asking Price: |
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44,374 |
37,465 |
56,297 |
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CONTACT INFORMATION |
| Contact: |
Owen Francis |
| Company: |
Owen Francis World Investment Properties |
| Language(s): |
English |
| Location: |
UK - Help
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| Telephone: |
| Phone numbers |
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Phone 1: 44-(0)1525 862178
Phone 2:
Fax No:
Mobile: 44-(0)7977 218572
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| Email: |
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Kitchen:
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Other:
Garage
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Local Amenities:
Bars
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Car Hire
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