Budapest New Developments

Matyas Udvar DISTRICT VIII
Real Estate in Hungary Budapest Real Estate
Real Estate in Budapest
  • PAYMENT TERMS: 30% on initial contract, 70% on delivery
  • DELIVERY: Q3 2007
  • DEPOSIT: €3000
  • PRICE: from €50,000
  • TYPE: Studio, 1 bed, 2 bed,
  • close to the new underground station
  • Great rental potential
  • In a re generation area
  • Inner courtyard

      Matyas Udvar will enjoy an excellent central location in Jozefvaros  a 10 minute walk from Heroes square.
           There are significant  government and privately funded building programmes in this area  which  are  already raising the value of property here and will continue to do so.

          This is a university area which of course means there are many students requiring accommodation.
           Matyas Udvar is extremely well located for public transport with excellent tram metro and bus links all at hand. The construction of the new metro(4th) line will mean there is no place in  Budapest which cannot  be reached in 15 mins making this area viable for people working in all parts of the city.

  • THIS IS AN INVESTMENT OPPORTUNITY.

  • THERE ARE SOME COMPELLING REASONS TO BELIEVE THAT THIS LOCATION WILL PRESENT ABOVE AVERAGE CAPITAL GROWTH.

  • PRICED FROM £ 800 per sq. m. STARTING £27,000

  • THE PRICES ARE VERY APPEALING AND THERE IS CURRENTLY HEAVY INVESTMENT BY THE LOCAL MUNICIPALITY AND ALSO COMMERCIAL DEVELOPERS.

  • THE NEARBY “FUTO” DEVELOPMENT WAS HANDED OVER IN JUNE 2005. AT HANDOVER IT WAS NOT ONLY TOTALLY SOLD BUT COMPLETELY LET AS WELL!  THIS NEW DEVELOPMENT IS ONLY 400 YARDS FROM THAT COMPLEX AND BUILT TO THE SAME HIGH STANDARDS.

  • AT THIS EARLY STAGE APARTMENTS CAN BE SECURED FOR A DOWNPAYMENT OF ONLY 30% WITH THE BALANCE PAYABLE ON COMPLETION.

  • THEREFORE A LARGE PORTFOLIO CAN BE PUT TOGETHER FOR A SMALL DOWNPAYMENT.

  • 70% FINANCE AVAILABLE TO PRIVATE BUYERS.

  • 50% FINANCE AVAILABLE THOSE WISHING TO PURCHASE THROUGH A COMPANY.