TOP (5310) :Europe (1040) : Hungary (14)
New Apartments Are Available in an Old Brewery in Budapest, Hungary (off plan)| Property Group | Residential | | Property Type | Apartment | | Waste System | Septic | | Price | GBP 72,000
For Sale |
| | Location | Prague | | Nearest City | Prague | | Living area | 60.00 sq/m | | Bedrooms | 1 | | Bathrooms | 1 | | Living Rooms | 1 |
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City
Holiday Area
Shopping nearby
Schools nearby
Leisure Facilities
Fitness Center | Balcony
Lift-Elevator
Cable/Satellite TV
Microwave
Washer/Dryer
Dishwasher | Spa/Jacuzzi
Double Glazing
Tinted Glass
Central Heating
Alarm
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REF: Bradley-BrewersLoft
New Apartments located in an old brewery and near the Danube River, are now selling Off-Plan with a completion date scheduled in 2008.
Only 2,000 GBP are need to secure one of these apartments which will have one of the highest yield potentials in Budapest.
18 high quality apartments from 60 to 200 m2
Located in Budapest’s most popular investment area
Only one block away form River Danube
Easy payment schedule
All in one package, including indoor car space and all furnishing
Complete Property Management in place
Value for Money Investment
Fitness Center in Building
District 9 has recently become the most popular location among Hungarian homebuyers; hence supporting high mid to long term price appreciation. The area is obtaining a prestige value, therefore the rental market has also become very strong.
Hungary’s new National Theatre as well as the Millennium International Conference Centre were built in the district.
District 9 is also Budapest’s academic seat with the ELTE (Budapest University of Science), Budapest Corvinus University and the SOTE (Budapest Medical University) located in the district. Over 10,000 students (many of them foreign students) reside in the district.
Development features:
- Old classical building restored to its original state
- Secure underground car parking spaces
- Landscaped interior courtyard
- Large terraces and private gardens, apartments facing SW
- Thoughtfully designed apartment layouts, high quality materials
INVESTMENT INFORMATION:
A: SELF FINANCING MORTGAGE
…rental amount paying for the mortgage installments
Apartment Price: £97 467,39
Deposit on signing (30%): £29 240,22
Balance on Completion: Mortgage - £68 227,18
Annual rental income: £6 500,00
Annual mortgage payments: £5 500,00
Management fees: £1 000,00
Net Annual Revenue: £0,00
Projected exit value in 5 years: £146 201,09
Net gain (appreciation +rental income+taxes: £36 550,27
B: CASH PURCHASE
…rental yield to support appreciation
Apartment Price: £97 467,39
Deposit on signing (30%): £29 240,22
Balance on Completion: Cash: £68 227,18
Annual rental income: £6 500,00
Annual mortgage payments: 0
Management fees: £1 000,00
Net Annual Revenue: £5 500,00
Projected exit value in 5 years: £146 201,09
Net gain (appreciation +rental income+taxes: £57 175,27
Contact us for additional information, prices and availability.
Current Weather in Budapest, Hungary
Reported at 03:30 UTC
Wind 7.7 meters per second (17.3 miles per hour) from west/northwest (300°).
Temperature: 0 °C (32 °F), with a dew-point at -3 °C (27 °F)
Temperature feels like: -6 °C (21 °F)
Atmospheric pressure: 993 hPa (29.32 inHg)
Clouds: no clouds below 1500 meter (5000 feet) and no cumulonimbus clouds.
Overall visibility: greater than 10 kilometers (6.2 miles)
Additional Weather Information for Cities in Hungary
Budapest, Hungary
Debrecen, Hungary
Kecskemet, Hungary
Pecs / Pogany, Hungary
Szeged, Hungary
Szolnok, Hungary
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Phone: 1-518-392-7062
Fax: 1-877-875-5704 |
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