Featured Property

This is a 91m2, three bedroom, classic apartment at the foot of Margit Bridge in Pest’s mainly residential, though still central, 13th district. The building features elevator, a well-maintained stairwell and a great view to the Buda Hills, taking in the Danube, the Margit Bridge and Margit Island. Public transport and a small park are both on the doorstep. Spacious layout, with rooms reached from a central hallway, given the wonderful location and the quality of the building, offers outstanding potential. Rooms are large, and retain all original parquet flooring, doors and windows.Currently is operating as an office. Ready to move in. Because of its location its good opportunity.

Price: HUF 35 000 000

Price: EUR 129 000 circa

Area: 91 m²

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INVESTOR CENTER Purchase Guide

7 Steps of Purchasing Property

Step 6 - Deposits & Payments

Consider Your options Ask your consultant about your selected property

The scheduling of payments will depend on the conditions and agreements between the seller & the buyer. However, according to our experience the following schedule is usually preferred by both parties.

 

Item	Amount	when
Down-payment *	10% - 15%	At signing of the contract
agency Commission	3% + VAT **	Within 7 business days
Lawyer’s Fee	1% - 2% + VAT **	Within 7 business days
Remaining 90% of the purchase price	90%	Within 21 business days

* down payment:

• If the seller of the property backs out of the sales agreement they are obliged to pay the purchaser double the down-payment.
• If the buyer backs out of the sales agreement the down-payment will be forfeited by the buyer and kept by the seller.

** VAT equals to 20%

 

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Q & A Questions & Answers

Q: Who is going to be my accountant if I buy as a company?

Benefit from a whole range of services Capital Real Estate can provide you. With experience in providing accounting services to several local companies through Ganesha Global Kft., we can take care of all regulatory and reporting needs, and also update you – as the owner – regularly on the state of your account.

[Click here to go to accountant page]

 

 

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contact information

1065 Budapest, Hungary
Bajcsy-Zsilinszky út 5.

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Tel: +36 (1) 219 5505
Tel: +44 (0) 20 8144 9505 (U.K.)
Fax:+36 (1) 219 5504

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