2 Bed Off-Plan for sale in Budapest, Hungary - HS1494265 | PropertyIndex.com

Ref: HS1494265

2 Bed Off-Plan for sale in Budapest, Hungary

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From EUR €120,000  (approx. GBP £100,587)

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Property Details

  • Property: Off-Plan (Buy To Let)
  • Bedrooms: 2
  • Bathrooms: 2
  • Receptions: N/A

The Gardens

INVEST IN THE GARDENS BUDAPEST & BENEFIT FROM 273% RETURN ON INVESTMENT IN 5 YEARS, TAX FREE. · Pre-arranged 85% mortgage · 15% deposit, minimum £15,000 · 6% guaranteed rental yield for 1 year · Investment secured until 2012

Features


Return on Investment

· Based on 5 years capital appreciation.
· Property value £100,000.
· 15% deposit. £15,000 due immediately on signing contract.
· £1,500 legal fees.

2009 6% capital appreciation on £100,000 = £106,000
2010 6% capital appreciation on £106,000 = £112,360
2011 6% capital appreciation on £112,360 = £119,101
2012 6% capital appreciation on £119,921 = £126,248
2013* 6% capital appreciation on £126,248 = £133,823
£ 33,823 profit, based on initial cash outlay of just £16,500 which brings us to the figure of 204% Return on Investment.

* In 2013, Hungary is scheduled to join the European Monetary Union which means the Hungarian Forint will be converted into Euros. Looking back in history, every country to join the EMU has benefited from an immediate 15% - 30% increase in property prices.
For example purposes we will use 15%.

2013* 15% capital appreciation on £126,248 = £145,185
£ 345,185 profit, based on initial cash outlay of just £16,500, which brings us to the figure of 273% Return on Investment.

These returns are calculated on the assumption that the investor uses 85% loan financing. The minimum 15% deposit allows you, the client, to benefit from considerable upside gearing on your investment.


Tax Free

From January 1st 2008 there is new legislation for private individuals buying property for investment in Hungary. Properties bought as a private individual and sold in the fifth year of ownership or after will be subject to 0% capital gains tax.


Invest In Budapest The Paris of the East

• €22.6 billion of EU funding is being invested in Hungary.
• Stringent and dependable legal system.
• Popular location for large multinational companies.
• Lively buy-to-let market.
• Considerable local buying power and equity stock.
• Budapest generates 60% of Hungary’s GDP.


Complete Investment Solution

Crown Global provides the following…

· Land purchase
· Construction
· Project management
· Marketing and sales
· Legal and financial advice
· Accountancy services
· Multi-lingual staff
· Interior design and furnishing
· On-site property management - ongoing
· A British development company operating in London for over 2 decades, Budapest for 1 decade and more recently in the last 4 years Brasov, Romania.


Features and Specifications

· Exclusively designed 1,100 m2 of private landscaped gardens.
· Pre-installed air-conditioning.
· Fully furnished and integrated kitchens.
· Parquet wood flooring throughout all apartments.
· Secured parking.
· 70% of apartments overlook the south facing gardens.

The Gardens is a breathtaking realisation of innovation and imagination. In addition to this, within 1.6km is Vaci office corridor, the main road running out of downtown. The Vaci office corridor is the most densely populated area of multi national companies in Budapest. The following global brands operate very close to The Gardens:

• KPMG
• Sony Ericsson
• 3M
• Bridgestone
• Knight Frank
• Lombard Insurance Group
• Oriflame
• Allianz Bank
• Ferring Pharmaceuticals
• Fortis
• Porsche Bank
• Ricoh

Due to its superior location The Gardens is one of the safest investment opportunities in Budapest.

Why Pay More for your Property?

Speak to our currency broker on 0845 3037790 to lock in the most favourable exchange rate or
click here to request a call back.


Main Facilities


Suitable For ChildrenSuitable For Elderly
  • Suitable For Children
  • Suitable For Elderly
  • Private Garden
  • Air Conditioning
  • Central Heating
  • Satellite / Cable TV
  • Internet Access
  • Balcony

Rooms & Amenities


Room Description
Bathrooms (2) Modern taps, porcelain sinks and polished chrome fittings. Deep bath with polished tile surround. Generously sized walk-in tiled shower. Designer ceramic tile flooring. Tailor made mirrors.
Garden / Outside  Exclusively designed 1,100 m2 of private landscaped gardens. The garden will contain a tranquil water feature, wooden benches in shaded areas, beautiful flowers and sub-tropical trees.
Kitchen  Fully furnished and integrated kitchens with quality appliances. Spacious, open-plan kitchen configurations. Modern kitchen cabinets with stylish stainless steel hardware. Ceramic tile flooring. Attractive surfaces and backsplash. Stylish light switches and sockets
- Cooker, Fridge, Dishwasher

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Disclaimer: Property Reference: HS1494265. This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars.

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