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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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Diversity is only one aspect of the asset allocation strategy. Taking into account rental income, the narrowing window of ascendancy and the favourable currency disparity versus the forint, average per-annum return on investment can exceed 30%. Historically, modest renovation has immediately added a 15% price appreciation premium! Furthermore, in ensuing years as Hungary becomes nearer to adopting the Euro, history has shown that the former currency differential narrows dramatically - providing additional appreciation potential upon sale of the property which, in many instances has been greater than 50% (realized in year of sale).

The capital appreciation you enjoy, you'll be pleased to know is not being driven by easy-money bank lending policies which creates speculative housing price booms, only to be followed by often dizzying downturns. On the contrary, Hungarian banks have been conservative in their policies. Real estate prices are being driven by traditional sound supply and demand economics. The obvious benefit for those who act expeditiously now translates into ready demand should you decide to sell in the future.




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1065 Budapest, Hungary
Bajcsy-Zsilinszky út 5.

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Tel: +36 (1) 219 5505
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