Budapest New Developments
| ATRIUM RESIDENCE | DISTRICT XIII |
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PAYMENT TERMS: 30% on initial contract, 70% on delivery
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DELIVERY: End of 2009
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DEPOSIT: €3000
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PRICE: from £39,000
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TYPE: Studio, 1 bed and 2 bed apartments
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Up and coming area
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Low entry prices
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Great rental potential
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In a regeneration area
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Inner courtyard with manicured gardens
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An optional guaranteed rental scheme available
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Underground parking
A unique opportunity to purchase an apartment in the developing district XIII.
Atrium is located in Budapest's 13 on a quiet and peaceful street surrounded by large green areas. The development is across the street from the successful Kassak Residence, which is now completely sold out and let. Atrium will be built to a high specification. There are seven floors in total, with underground parking. The building will have a marvelous courtyard created by professional gardeners, resulting in a peaceful and relaxed environment in the heart of Budapest.
Exclusive Guaranteed Rental.
Arena have so much confidence in this development that it is offering our clients an exclusive guaranteed rental proposal for this development. Our in-house rental department is offering an optional guaranteed rent on the property at 6% for the first 12 months after delivery (subject to terms and conditions). This offer is direct from our rental department so doesn't affect the price of the property in any way. This offer is exclusive to clients purchasing through Arena.
About the 13th District
This thriving district has by far the highest concentration of class 'A' office buildings in the city. Running through the middle is Vaci Ut, other wise known as the office corridor. Here dozens of international companies are based such as:
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General Electric
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Exxon Mobile
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KPMG
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Ernst & Young
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Diageo
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Dresdner Bank
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SAB Miller
The 13th is Budapest's main business and commercial area. West End City Centre can also be found here. This is the largest shopping mall in Budapest which houses many international retail brands, a multi screen cinema complex, bars, restaurants etc.
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An event which has acted as a catalyst in stimulating the property market in much of the 13th district is the recent announcement that a new government quarter will possibly be built on the border of the district. It will be situated on part of a 30 hectare site behind the beautiful Nyugati Railway station.
