REAL ESTATE FOR SALE (OFF-PLAN) (€ Euro 58,478)
Apartment for sale in Budapest Budapest Hungary

The hottest investment project in downtown Budapest at the moment. Prices from as little as 41,173 euros
and an expected annual rental yield: 7%! Mortgages available

Expected annual rental yield: 7%!
Properties in Budapest are expected to double over the next 5 to 7 years.
Easy payment terms 25% deposit, up to 80% mortgage for foreign investors
Surrounded by large gardens and next to the Orczy Park
District VIII: the most booming area in downtown Budapest
Close to all amenities (hospital, university, schools, excellent public transport)
16,000 foreigners and locals are expected to buy a property in Budapest this year
Studios and 1, 2 and 3 bedrooms apartments available
Prices from only €41,173

In the heart of booming District VIII, beside a quaint pedestrian zone, Park Residences is the hottest investment project in downtown Budapest at the moment. This modern and cosmopolitan building, which comprises of 104 quality apartments, offers the best value for money in Budapest.
These superb apartments have been designed to cater for the needs of young students and young families. There are several schools, sporting & entertainment facilities within the close neighborhood, as well as a 3 hectare park, which is just next to this new project.
With a choice of studios and 1, 2 and 3 bedrooms apartments, underground parking spaces and storages, Park Residences is designed to become a benchmark within the redeveloped District VIII.

Location
Budapest’s District 8 is a centrally located district with a mixed history and a bright future. The 8th District is currently under re-development as part of the Budapest City Council’s development plan for the renewal of the area. There are many libraries, hospitals, museums, universities and colleges in the area
Park Residences is well connected by metro, tram and bus lines, with easy access by car to the main ring roads and within a few minutes walk to the Danube. Within a short walking distance to hospitals and the renowned Semmelweis Medical University, quality rental apartments are highly demanded by international and local students and hospital staff, so the rental potential is well ensured.
District 8 is an area with some of the largest redevelopment and news infrastructures plan in Europe will not be available too long. Thanks to its unique location, close to the University and Hospital and the excellent transport facilities. The redevelopment plan being carried out in District VIII, with new buildings already started and delivered in the area, the new infrastructures and the Number 4 metro line are making Park Residences the most secure medium term investment.

Within the most booming area in downtown Budapest, the success of your investment is ensured.