REAL ESTATE FOR SALE (OFF-PLAN) (€ Euro 108,000)
Apartment for sale in Budapest Budapest Hungary

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DEVELOPMENT FEATURES


Budapest, District VI, Hungary

1, 2 & 3 bedroom apartments

Converted 19th Century Palace

Excellent Price for Properties of this Calibre

From €108,000 to €992,000


REASONS TO INVEST


The Most Prestigious Location in Budapest

A Wide Array of Concierge Services

New Investment Payment Schedule

Similar in Style to Ringstrasse in Vienna

High Demand Expected from Investors

A 19th Century Masterpiece
This incomparable and superbly appointed building, loctated on Budapest's Andrassy Boulevard comprises 64 luxerious apartments. Built for the Austro-Hungarian aristocracy in 1884 by Hungarian craftsmen, Andrassy Palace Gardens occupies two buildings in a four building palace that encircles the elegant Kodaly Circle.

These incredible residences, renovated to the higest quality standards can only be compared to the classical residences of the 16th Arrondisement in Paris or the Ringstrasse in Vienna. It is extremely rare that homes are released to the market in this spectacular location. Andrassy Boulevard is Budapest's principle thoroughfare and embassy belt, the celebrated two mile avenue has earned an even greater accolade when UNESCO proclaimed it a World Heritage Site.

A Truly Unique Location
Andrassy Palace is located on a beautifull square on Andrassy Boulevard, close to the hustle and bustle of the city yet shelterd by the trees and statues of the Kodaly Circle. The development is lwithin walking distance of all the principle monuments of Budapest including the truly impressive Heroe's Square, the Ballet Institute, The Opera House, the Gundel Restaurant, and the City Park. There is not a more prestigious location in the whole of Budapest.

History of the Building
The impressive, eclectically styled palaces reminiscent of Tuscan architecture surround Koday Circle, forming a complete circle. The palace was built and designed by Josef Kausner, one of the most respected architects of the Austro-Hungarian empire, who was also heavily involved in the building of St. Stephan's Basilica and the Opera House.

These exquititely designed architectural and historical monuments are the most imposing landmark properties on the entire avenue.

Passers-by and residents alike have long enjoyed the harmonies of the composer Kodaly. The composer used to live in one of the four buildings, which now houses the Kodaly Museum. The circle is decorated with gracious statues of figures from Hungarian history.

Concierge Services
Careful reconstruction will restore the eclectic and romantic atmosphere that these properties radiated when they were originally built in 1884. High quality interior design will be completed by reputable architects at the developer's cost to meet the most luxerious and demanding requirements while maintaining 19th century grandeur.

An independent club equipped with a dining area, a sauna, a fitness room, a private wine cellar in the basement and many other facilities exclusively available to residents.

A special feature of this unique project will be the large sun terrace and garden on the roof, providing a spectacular panorama of the city. Both buildings will have 24 hour reception with security and concierge services.

The apartments benefit from stunning layouts which maximise comfort for the inhabitant. The duplex apartments are especially interesting.

In sum the inhabitant will benefit from an extremely comfortable apartment with the highest qualities & services, in a most spectacular and historic building and in the most prestigious corner of Budapest.

A Once in a Lifetime Opportunity
This is a truly special opportunity to own a slice of history in the most prestigious location in the whole of Budapest. The prices are extremely reasonable considering the calibre of this project. And now investors are able to benefit from a new payment schedule: buyers now only have to put down 30% of the total price with the balace due on completion.

Property Type: Apartment
This is an Off-Plan property
Estimated Date of completion: 
December/2008
Country: Hungary
Region: Budapest
City / Town: Budapest      Find city/town on map
Location: Inland,
Airport 1: , Distance: 5 km ,
Property Features:
Bedrooms: 1
Bathrooms: 1

Asking Price:
€ Euro
£ GBP
$ USD
 
108,000
83,862
145,930
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CONTACT INFORMATION
Contact: Owen Francis
Company: Owen Francis World Investment Properties
Language(s): English
Location: UK - Help calling
Telephone:
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 Phone 1: 44-(0)1525 862178
 Phone 2:
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 Mobile:    44-(0)7977 218572
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This Apartment has been viewed: 5992 times since Monday, May 21, 2007 | Property ID: HU110462
For Sale Property: Apartment in Budapest, Budapest, Hungary
 
 
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