Property experts project an Annual rate of return of :
N/A
the return on your investment in one year:
N/A
For further reading on "property market in Hungary" visit EMP Advisers website.
Why not tell a friend about "Meder utca"?
Simply enter their email address and a message in the boxes below then press the 'Send' Button.
If you would like to send it to more than 1 friend simply put a ; symbol between each email address.
Luxury waterfront apartments in the “Dockland” of Budapest, in the popular District 13. This district is well known for its high-profile offices running along Vaci ut, and the New Government Quarter will also be situated here, in close vicinity with the development. Top quality apartments, exceptional architecture, 5* hotel services. Strong rental demand in the area, Prime Buy-to-Let investment.
This is a high-standard development of unique style and the first of its kind in Hungary.
There is strong rental demand in the area for luxury apartments due to the fact that District 13 has a vast supply of high-profile offices and the head offices of many internation companies and banks are situated here. The New Government Quarter will be built in District 13 as well, in close vicinity with the development. The low number of apartments (only 130 flats altogether) will enhance your chances further to rent your apartment out for an excellent rental yield.
The investor’s intention is to build up the ”new capital” of Budapest in the 13th district, behind the Duna Plaza Shopping Centre, which will include luxury flats, exclusive offices, hotels, lounge type restaurants, shops, entertainment and leisure centers and cultural establishments. The investment of almost a hundred billion Hungarian Forints is doubled with the contribution of an enormous regional development that will take place in the next 5-7 years. Hereby a new city center will be established that will be up to the living standards of a developed metropolis.
The creation of the modern, practical and ergonomic apartments is based on American and Western-European examples. The high-ceiling (3 metres!) lounges have panorama into two directions, floor-to-ceiling glass surfaces ensure bright internal spaces.
Besides acquiring a luxury apartment, the future tenants will be offered high-profile services that will satisfy all needs. Cafés, restaurants, several kinds of saunas, an outdoor swimming-pool, a gym and a yacht port will all serve convenience and comfort. The buildings’ own driving service will be available for the flat owners: they will be taken home with a BMW, if they do not want to be bothered with driving, or just need a lift from or to the airport. The tenants do not have to worry about watering indoor plants, taking care of their pets while away or ironing shirts, because a special service will be available to take care of all these. In addition, online shopping will give the opportunity for them to have the refrigerator always full of desired food, even when they arrive back from a long journey.
District 13 is well known for its high-profile offices running along Vaci ut and the two biggest office complexes of Budapest – Duna Tower and Europe Tower - can also be found here.
The new Government Quarter will be built in District 13 as well, behind Middle-Europe’s biggest shopping centre, West End City Centre. The development is the biggest and most significant on-going project of the Government. Their aim is to build a modern office complex where they can relocate the major ministries such as the Treasury, the Ministry of Economy and Transport, the Ministry for Foreign Affairs and many more, including the office of the Prime Minister. The complex and the related commercial facilities (shops, restaurants, bars and entertainment facilities) will be situated on a 250.000 squaremeter site, completion is expected in Spring 2009. The Government Quarter can be reached with a 5-minute drive from the development.
The condominium benefits from excellent transport links: the closest tube station is a short walk far. Vaci ut ensures easy access to any part of the capital.
