16th District Bobitas Street

Photos

Plans
Plan 1

Status Active Listing
Type Development
Location  Budapest
Country  Hungary
Sq.Ft  N/A
Price
(starting from)
 
€60,587
Property experts project an Annual rate of return of :
N/A
the return on your investment in one year:
For further reading on "property market in Hungary" visit EMP Advisers website.

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Highlights of the project

 

    * Quiet location in the garden district of Budapest

    * Many new developments in the area, close to amenities

    * Competitively priced, high-quality apartments

    * The area is popular amongst the tenants, great rental potential

    * Safe investment

 

Sizes:  41 sqm – 109 sqm

Prices: € 60.587 - € 130.779

Reservation fee:           € 3.000

 

Payment schedule:        Negotiable, near completion

Mortgage:        Up to 80%

Deposits from: Negotiable, near completion

                       

 

The development is situated in the garden suburb of Budapest. The developer's intention was to build liveable and affordable homes for those who prefer a quiet neighbourhood to the busy downtown. Besides - to produce a stable value investment! The developer is fully aware that buying a property is a big decision and the buyer wants to get the most for his money so they created a unique opportunity to invest in garden city real estates.

Recommendation factor for investors

 

The development has great rental potential as living in a garden district instead of the busy, noisy downtown has become a trend lately. There is always demand for garden district properties, especially if they are newly-built! There are several new constructions in the area so the neighbourhood improves quickly, which grants you a stable value investment. We recommend you this development because it is a real value for money.

 

Capital appreciation potential is very high in Budapest after Hungary has joined the European Union, and a further significant increase in the prices is expected when the EURO will be introduced.

 

About the project

 

At designing the condominium the developer’s intention was to create liveable and affordable homes for those who plan to move out of the city centre, in order to avoid the hassle of the busy and noisy downtown. There is a trend in Hungary lately that people who can afford it, move to the garden districts of the capital, to live and bring up their children in a quiet, green environment.

 

This development is perfect for the purpose: the quiet neighbouring streets, the style and colour scheme of the buildings enhance the garden district atmosphere. Nurseries, schools, shops can be found in close vicinity, along with some shopping centres (Sugar and Arkad).

 

The developer is fully aware that buying a property is a big decision and everybody wants to make sure they get a stable value investment for their money. The developer hereby creates the opportunity to invest in garden district properties, and intends to prove that it is a worthwhile move.

 

The condominium

 

At the entry of the condominium a reception/service building will stand. The inner pathways will be lined with little flower beds, hedges, resting benches and there will be playgrounds for the kids and outdoor lighting at night. The developer made an effort to add a last touch to the development to make it cosy and comfortable for all tenants.

 

The buildings will have separate entries both for the tenants and the cars. At the main gate all buildings will have an entry phone system, the underground garages will be accessible directly from the street. The overground parking spaces will be built in a separated area. There will be no car traffic inside the gates of the condominium, so the tranquillity of the apartments and the safe use of the garden for the children will be guaranteed.

 

The safety of the condominium will be enhanced by a CCTV system.

 

The apartments

 

At designing the apartments an important factor was that the future tenants should not be oppressed by a high common maintenance fee.

 

1-bed, 2-bed apartments are available to satisfy the needs of the young and the retired. According to a market research carried out by the developer, the 2-bed apartments are the most desired at the moment, because they are perfect for a family of 4. The 2-bed flats offered at this development have direct garden connection on the ground floor and big terraces on the higher floors.

 

We also have very spacious, 3-bed Penthouses on offer with huge terraces, of which some have a breath-taking view of the Buda hills.

 

And least but not last, there are detached houses with 4 bedrooms for larger families and for those who would like to live in a separate building. These houses have their own garages and gardens as well.

 

Developer

 

The developer has been operating on the Hungarian market for a long time, they are regarded as punctual and reliable and have several reference buildings in the capital.

 

Pricing and payment schedule

 

This development is extremely competitively priced; low entry-level investment - great opportunity to get on the property level.

 

Our company is happy to assist you with acquiring a mortgage most suitable for your demand.
 
 
 
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