This project is a perfect investment thanks to its great location and the huge rehabilitation that takes place in District 9 and which creates high capital growth. Situated one block away the river Danube, in a fast improving area, it has very promising prices.
9th district has a busy tenant market: head offices of many international companies, several colleges and universities are located in close vicinity with the condominium. Numerous cultural institutes are situated here as well. As a result, high rental returns are expected.
This is a new project so the prices are low and there is a possibility to choose the best apartments. Long completion time.
Rental factor
There is strong rental demand for newly-built apartments in the area because District 9 hosts several universities (including the most popular university of Hungary), many international companies and cultural institutes (National Theatre, the Palace of Fine Arts). Tenants include both students and professionals.
Important:
• Excellent location one block away the river Danube
• Fast improving area where a lot of rehabilitation takes place triggering increasing property prices
• High quality apartments
• New project: low prices, the best apartments can be picked, long completion time
• Booming tenant market in District 9, many universities, international companies (e.g. Vodafone) are here
The development is competitively priced for this great location one block away the river Danube and the high quality the developer provides. The rehabilitation taking place in the area and the booming rental market in District 9 both attract investors.
The long competion time, the reliable Italian developer and the low entry level (only 20% deposit) make it an excellent investment for anyone.
•Prices from €52.978 - €732.616
• 20% is payable on signing the contract
• The balance is due on completion
• Mortgage is available up to 80%
• Low entry level: deposit from as little as €10.595
There is strong rental demand for newly-built apartments in the area for an excellent rental yield. District 9 is becoming more and more popular with companies therefore several Class A office complexes are being constructed besides the existing ones. District 9 hosts several universities including the most popular ones, which results in a booming rental market. The expected annual rental yield on these apartments is 7%.