Riverbank Terraces
City: Budapest
Area: III. district
Phone: +36 1 430 3120
Fax: +36 1 430 3121
Opening Hours: 9:00 am - 5:00 pm
Located front-line on the banks of Danube River this stunning development offers outstanding rental potential. This district is the current “HOTSPOT” for investors and a dream location for Hungarians.
Why invest in Riverbank Terraces?
- Front-line on the bank of the Danube - dream location for local Hungarian national residence
- 20% price increase since 2006 compared to similar local projects
- Apartment prices start from € 92,518
- From just € 23,130 down payment
- High expected rental income – 6–8% rental yield
- Buy-to-let finance up to 90% LTV
- High rental demand by Hungarian entrepreneurs and young professionals
- Expected handover Q1 2010
- Attractive payment terms 25–75%
- Mortgage available up to 80% LTV
- Apartment sizes ranging from 38.83 sqm to 223.2 sqm
- Underground parking spaces available
- The perfect combination of price, location, capital appreciation
- and rental potential!
- Kitchen furniture included with cooker, fridge and vent hood
- 110 apartments in 5 buildings just launched
 | Project developer - Otthon Centrum International Client Services View profile >> Address: 78 Lajos St, Budapest H-1036 | Office: +36 1 430 3120 • Fax +36 1 430 312 Call free 1 800 553 619 (Ireland) • 0 800 0513 759 (UK C&W) • 0 808 2347 680 (UK BT) 900 993 642 (Spain) |
Featured highlights
Located front-line on the banks of Danube River this stunning development offers outstanding rental potential. This district is the current “HOTSPOT” for investors and a dream location for Hungarians. This tranquil retreat seems miles away from the hustle and bustle of the city with its abundant, luscious green landscaped and well-manicured gardens.
The development features 110 quality apartments spread over 5 small generously spaced blocks each with their own entrance. Stairwell & lift and underground parking facilities. Every resident has access to extensive green areas with communal swimming pools, boat house, picnic areas, pedestrian walk ways and plenty of river bank cafes and restaurants.
| Starting prices | |
| Studio | € 92,518 |
| 1 bedroom apartment | € 136,565 |
| 2 bedroom apartment | € 142,134 |
| 3 bedroom apartment | € 302,924 |
Units
- 110 apartments in 5 buildings
- Luxury materials
 | Download the free E-brochure of Riverbank Terraces |
Location
The development is in the 3rd district, which has always been an exclusive part of Budapest. It is located between Nánási Street, Kadosa Street and Roman Coast walkway, at the Roman Coast lower part. Two of the five buildings are located by the river, two of them are in the middle of the development, and one is close to Nánási Street. All the buildings can be approached from Nánási Street.
The area is easily and quickly accessed by local public transport. It is approximately 15 minutes from the city centre and Budapest ‘down town’ ensuring easy access to the cosmopolitan city and everything it has to offer.
The location is also known as “Town of water” and it has always been a perfect place for water sports.
Pricing and payment schedule
Prices are very competitive for a project of this calibre and offer a significant scope for rental income. Prices range from €92,518 to €558,300.
| Property type | Price | 25% deposit |
| Studio with 38.83 sqm | from € 92,518 | from € 23,130 |
| 1 bedroom with 57.73 sqm | from € 136,565 | from € 34,141 |
| 2 bedroom with 58.01 sqm | from € 142,134 | from € 35,534 |
| 3 bedroom with 124.57 sqm | from € 302,924 | from € 75,731 |
Note: Mortgages now available to foreigner investors max. up to 80%.
Reserve your investment of the year with € 3,000 down! Deposit only 25% down when signing the contract and then the remaining 75% will be due upon completion of project in Q1, 2010.
Otthon Centrum ICS can assist interested foreign investors with acquiring a mortgage of up to 70–80% of the asking price.
Investment return
| Property type | Value in 2013* | Rental income** |
| Studio with 38.83 sqm | from € 123,810 | from € 619 / month |
| 1 bedroom with 57.73 sqm | from € 182,755 | from € 914 / month |
| 2 bedroom with 58.01 sqm | from € 190,207 | from € 951 / month |
| 3 bedroom with 124.57 sqm | from € 405,381 | from € 2,027 / month |
** Based on minimum 6% annual rental yield.
Sample floor plans
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| 1 bedroom apartment |
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| 2 bedroom apartment |
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| 2 bedroom apartment |
