Investment

Loft conversion apartments only a few metres from the Danube - Real Eastates Ltd is happy to introduce their new loft conversion project very close to the river Danube and only a few metres from the 5th district.
Ujlipotvaros is one of the most popular areas in the city centre of Budapest, in walking distance with the river, Margaret Ireland, the Parliament and the stunning Szent Istvan Park. The area is extremely popular amongst the locals, it is a prestige to live here.
The developer is keen to sell the whole project or the apartments separately. We managed to arrange a perfect deal to our clients: at least 30% below the market value.
The apartments: there are very spacious two and three bedroom apartments each with its own huge roof terrace. These roof terraces are very unique in the area.
Prices start at EUR1455/sqm that is exceptional in the area.
You can get a spacious two bedroom apartment with 120sqm + 55 sqm balcony for only EUR 233 000.
Finance: we will be able to provide up to 80% loan to value finance - so you can put down only EUR 46 600 and get a perfect apartment with roof terrace in the city centre of Budapest.

Ujlipotvaros:

Previously an industrial area, it was rebuilt as a residential district from the late twenties. Almost all of the buildings were built from 1927 to 1944, so Újlipótváros is quite different from the other parts of the inner city, which were mainly built before World War I, mostly in the last three decades of the nineteenth century. The very first buildings of Újlipótváros (the so-called "Palatinus houses") are notable exceptions, these were built in 1910-1911, and represent an interesting mixture of art nouveau and other contemporary styles.

It has been a popular middle-class/intellectual residential district ever since it was built.
Between the wars it was especially popular among middle-class citizens of Jewish origin and this is partially true even today, according to recent sociological research.
The area closest to the river Duna is the most expensive, spacious and pleasant, especially the buildings around Szent István park, which is on the riverside. Some of these buildings (especially the so-called "Dunapark houses") are regarded by many as one of the best examples of modernist architecture in Hungary.

Margaret Ireland:

Margaret Island (also Margitsziget, Margit-sziget; occasionally Margit Island) is a 2.5 km long island (0.965 km² in area) in the middle of the Danube in central Budapest, in the 13th district, between the two city parts, Buda and Pest.
The island is mostly covered by park areas, and is a popular recreational area for tourists as well as locals. The island spans the area between the Margaret Bridge (south) and the Árpád Bridge (north).

The figures

The development was on the market for a much higher price in a few month ago - for around EUR 2300/sqm. After hard negotiation we managed to arrange an excellent deal with the developer. At the moment the apartments are reserved for our clients who can buy it for EUR1455/sqm. The offer is only for a limited period and it will end very soon. There are only 3 apartments available so if you are interested please register your interest ASAP.

Rental: thanks to the central and perfect location and the closeness of the Danube a very good rental is achievable here. It can be perfect for expats, Hungarian professionals or offices as well. The unique roof terraces make it very attractive for tenants.