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New Apartments on Andrassy Avenue in the center of Budapest, Hungary| Property Group | Residential | | Property Type | Apartment | | Built | 2007 | | Waste System | Sewer | | Garage(s) for | 1 Car(s) | | Price | Euro 202,000
For Sale |
| | Location | Avenue Garden Apartments | | Nearest City | Budapest | | Living area | 50.00 sq/m | | Bedrooms | 1 | | Bathrooms | 1 | | Living Rooms | 1 |
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City
Shopping nearby
Schools nearby
Leisure Facilities
Balcony | Lift-Elevator
Cable/Satellite TV
Dishwasher
Pool | Double Glazing
Central Heating
Video Surveillance
Security Service | |
REF: Ceres-AveGardenApts
Description:
Exclusive project in unique location in the centre of Budapest with luxurious standards. Rental yields are expected to be 7-10% per annum with anticipated capital growth at 15 - 20% per annum.
Avenue Gardens, the most exclusive residential project currently in Budapest, is located in the elegant Andrássy Avenue, the Hungarian Champs Elysées. This luxury apartment development comprises 77 apartments, ranging from 50 to 180 m2, within 5 individual buildings, (Amadeus, Bartok, Chopin, Debussy and Erkel), all with their own lift.
The exquisite Avenue Gardens will include a spectacular Japanese style inner garden, with a waterfall and a fountain, an indoor swimming pool and a wellness area, a 24 hour concierge and security service, a laundry and restaurant service and secure underground parking. Completion of the project is scheduled for October 2007, as the construction of the new buildings and the refurbishment of the Amadeus building, which is protected as part of the UNESCO World Heritage sites, has already begun.
Investment Overview
▪ Exclusive project in unique location in the centre of Budapest
▪ Luxurious standards, 24-hour reception, concierge service, in-door swimming pool and Japanese Garden
▪ Due for completion end 2007.
▪ Rental yields expected to be 7-10% per annum
▪ Capital growth anticipated to be 15 - 20% per annum
▪ Selling prices from 202,000 EUR / 133,000 GBP
▪ Expected LTVs of 80% with equity requirement starting 40,400 EUR/ 26,600 GBP
▪ Developer is one of the largest regional developers- ORCO Group.
▪ Prices including high quality kitchens, designed bathrooms, secure parking
Email us for additional information.
Current Weather in Budapest, Hungary
Reported at 23:30 UTC
Wind 9.8 meters per second (21.9 miles per hour) with gusts up to 15.4 meters per second (34.5 miles per hour) from west/northwest (290°).
Temperature: 4 °C (39 °F), with a dew-point at 1 °C (34 °F)
Temperature feels like: -2 °C (29 °F)
Atmospheric pressure: 991 hPa (29.26 inHg)
Relative humidity: 80.8%.
Clouds: scattered clouds at a height of 1036 meters (3400 feet)scattered clouds at a height of 3048 meters (10000 feet).
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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| | For further details contact
Listing Agent
Worldwide Network, NY
United States
Phone: 1-518-392-7062
Fax: 1-877-875-5704 |
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