This is a gorgeous, spacious, elegant, bright, 2 bed/ 2 bath, street facing apartment in downtown Budapest. The apartment has a massive kitchen area and features a simple off-white aesthetic. The building is located parallel to the famous Váci utca and many amenities/transport option are close by. The apartment is pre-let at €1800/month (8.4% yield) making it an excellent for investors!
Take advantage of Hungary’s accession into the European Union. Find out why Budapest Real Estate has been favoured by thousands of investors for the past couple of years.
Did You Know?
The average price of good centrally located properties in Budapest is between €1 300 - €2 000 per m²
Hungary gets nearly one third of all foreign direct investment flowing into Central Europe, with cumulative foreign direct investment totaling more than US$185 Billion since 1989.
€22.6 Billion of EU funding currently being
invested in the country.
Budapest is a popular location for large multinational
companies, over 45 of the 50 blue-chip
multinationals are located here.
The Saint James Hospital Group was founded in Malta in 1984, and it currently operates private hospitals in Malta, Libya and Hungary. The Budapest Eye Clinic specializes in day case surgery and laser vision correction, as well as a comprehensive range of ophthalmological services. http://lassjol.hu/
At Capital Real Estate Budapest, we provide unsurpassed personalized service.
We are one of the premier real estate agencies in Hungary and your gateway to a successful property purchase or rental in Budapest.
Please have a look at the Investor Center for all the facts and figures you will ever need for an informed investment in the Hungarian property market.
Capital Real Estate Budapest prides itself on having one of the largest selection of property for sale and rent in the city center. We can offer an unsurpassed range in apartments, commercial and retail premises, warehouses and land with building permission. Capital Real Estate Budapest is Budapest’s most preeminent one-stop-shop for property investment, we are able to help you rent and manage your Budapest property as well as providing financing from Hungarian lenders.
We are proud to have the largest off-market portfolio of residential and commercial/ retail properties for rent and for sale in Hungary.
We also dedicate ourselves to finding affordable and safe student accommodation for the many students wanting to rent near University campuses.
If you are looking at property for sale or rent in Budapest, Hungary, as a safe investment in the future for you and your family, then you have come to the right company. Capital Real Estate Budapest will help you through every stage of the purchase process by assigning a dedicated agent to you from the very start. Your agent will help you select the appropriate property for your budget and help you achieve the highest yields possible. All our agents are fluent in English and are trained specialists in Hungarian real estate counseling.
Media
FRIDAY, MARCH 16, 2012 INTERNATIONAL HERALD TRIBUNE
Investors are making their way back to Budapest
BY PALKO KARASZ
Prices are some of lowest
in Central Europe, with
bargains still available
Hervé Morin, a French-American business consultant, had to look for quite a while before he found his investment bargain in December 2011. ‘‘I knew it was time to put money in real estate,’’ he said, but he could not decide on which appealing segment of the Hungarian capital’s property market to place his bet — from high-end family homes to pied-à-terre in the city center. Mr. Morin ended up selecting an 87- square-meter, or 936-square-foot, residence near Deak Square, in the very heart of the city.
He paid less than EUR 100,000, or USD 134,000, for the property and what he called a floor-to-ceiling renovation to divide it into two studios. Now he is renting them out and hopes to get an annual return on his investment of somewhere between 6 percent and 8 percent. International buyers like Mr. Morin are slowly returning to Budapest, after shying away from the Hungarian market since the global economic downturn in 2008, local real estate dealers said. Investors, mainly from Western Europe, are being lured back to a city that offers some of the lowest prices in Central Europe, with high returns, and some good bargains still available. Also, the capital, which stands on the banks of the Danube, was classed by the 2011 Mercer Quality of Living index as the region’s second-most appealing city, bested only by Prague. ‘‘There has been a significant shift in Budapest’s real estate prices in the last four years,’’ ‘‘If you come to Hungary, there is only one place, Budapest,’’ said Zoltan Szemes, head of Capital Real Estate, highlighting the low cost of living, cultural opportunities and attractive surroundings. For example, the central Districts 5, 6 and 7 have preserved their architectural unity, including the Opera House on glossy Andrassy Boulevard, part of a Unesco World Heritage site.
Please note that the average m2 price in Budapest is 1400 EUR per m2.
Property of the month for May/ June 2012
Krudy Gyula u. ID# 1119
Budapest District 8.
Classic Apartment for sale
Price HUF 16.500.000/ circa EUR 57.000
Area: 50 m2
Excellent investment opportunity in the palace-quarter! This is a bright, street facing, first floor apartment in the direct vicinity of Universities. The 50 m2 apartment features 1.5 room, separated bathroom and storage. The apartment was completely renovated in 2006 and the house itself is going under renovation since the beginning of the year. During the renovation the water and sewer pipes was replaced in the bathroom. In the rooms there are new convectors and the boiler on the bathroom is new as well. The smaller room is facing the renovated courtyard and the big one is facing the street. With a lot of potential it’s ideal for young people, university students or investors. The main City Library, not to mention the variety of entertainment options, and the excellent accessibility by public transportation makes it an ideal investment opportunity.
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Fully furnished and equipped two bedroom flat(80 sqm) is for rent in the 6th district on Bajcsy-Zsilinszky Road (next to Arany János metro stop). In the best part of 6th district, 5 minutes walk from Basilica, Andrássy Avenue, Nyugati station, bars, metros, trams. 24 hours shop is nearby. the flat is on the 1st floor. Comprises a cosy living room with sofa which can be open as a double bed, kitchen with built in units, two spacious bedrooms, bathroom with a corner bath tub,apartment has street and courtyard view. Very sunny ideal for students. Rental fee: 480 Euro/month+utilities. Common cost: 16000Huf/month. Two months deposit and one month rent required moving in, available immediately.
All Hotels in Budapest, apartments in Budapest, Balaton 173 hotels in Hungary with online reservation. Hoteltelnet offers spa and thermal hotels, wellness hotels and health resorts in Heviz, Buk, Zalakaros and Budapest. Hotels at Lake Balaton.
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