Budapest Property Investment – Apartments for sale in Budapest


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Budapest Property Investment – Apartments for sale in Budapest
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Local date and time:09/01/2009 | 05:18  (GMT+1)
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West End Attics

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Address: Eötvös u. 40
City: Budapest
Area: VI. district (downtown)
Phone: +36 1 430 3120
Fax: +36 1 430 3121
Opening Hours: 9:00 am - 5:00 pm

The buildings of the West End Attics development have sheltered their residents over two world wars and a revolution and have seen many generations grow up. They represent permanent quality, a feature so rare in this modern world of disposable values.

Enjoy the grandeur and tranquillity of the nineteenth century
fused with the state of the art stylish house
 
buy apartment in budapest property investment in downtown budapest budapest apartments for sale

Why invest in West End Attics?

  • Total refurbishment of a marvellous classical building
  • 11 newly built attic apartments
  • Located in the heart of Budapest, in District 6
  • Within a 10 minutes walk from the Danube, the legendary Parliament building, the Bank Centre, the Television building and Szabadság square
  • Prices from € 114 980
  • From just € 34,494 down payment
  • Highest appreciation potential
  • Average of 6% rental yield expected
  • Expected handover Q3 2009
  • Comfortable payment terms 30–70%
  • All apartments include large terraces overlooking the street
  • Mortgage available up to 70% LTV
  • Apartment sizes ranging from 45 sqm to 62 sqm
  • Fully fitted, brand new apartments with high quality materials

Otthon Centrum

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

The buildings of the West End Attics development have sheltered their residents over two world wars and a revolution and have seen many generations grow up. They represent permanent quality, a feature so rare in this modern world of disposable values.

West End Attics is a unique opportunity to find both a tranquil and first quality home and a fruitful investment. The refurbishment will cover the existing beautiful inner and outer facade, a well-designed stairwell and passage. A new lift will also be included to the building.


Starting prices
1 bedroom
€ 114,980
2 bedrooms
€ 175,900
2 bedroom duplex
€ 150,200

 

Units

  • 11 apartments with teraces
  • Luxury materials

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Download the free E-brochure of West End Attics

Location

The development is located in the vibrant District 6, the most central and also, the most historical district of Budapest is in the corner of Eötvös and Szondi Streets, also in line with the “Teréz Boulevard”.

 

west end attics in budapest for sale


In fact, this prime location plays the role of heart of the whole city, as the world renowned Basilica, the Parliament, major Ministries and headquarters of commercial banks are all in the close vicinity. The exquisite Four Seasons hotel is on the way of becoming one of the most prestigious hotels in the world. One of the biggest shopping centres of Budapest, Westend is also a 5 minutes walk from the building.

 

budapest st stephen basilica
hungarian parliament
budapest oktogon
St Stephen Basilica
Hungarian Parliament Oktogon



West End Attics are approachable by:

  • the blue metro lines
  • trolley buses
  • buses
  • trams

Pricing and payment schedule

Prices are competitive because the penthouses are one-of-a-kind and exclusive; they also offer high possibility for long-term rental income. Prices range from €114,980 to €206,000.

Property type Price30% deposit
1 bedroom with 44.83 sqm from € 114,980 from € 34,494
2 bedroom simplex with 61.81 sqm from € 175,900 from € 52,770
2 bedroom duplex with 56.68 sqm from € 150,200 from € 45,060

Note: Mortgages now available to foreigner investors max. up to 80%.

Reserve your investment of the year with € 3,000 down! Deposit only 30% down when signing the contract and then the remaining 70% will be due upon completion of project in Q3, 2009.

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**
1 bedroom with 44.83 sqm from € 153,869 from € 769 / month
2 bedroom simplex with 61.81 sqm from € 235,394 from € 1,177 / month
2 bedroom duplex with 56.68 sqm from € 201,001 from € 1,005 / month
* Based on capital appreciation of 6% per annum.
** Based on minimum 6% annual rental yield.

Sample floor plans

1 bedroom apartment2 bedroom apartment for sale
2 bedroom apartment in budapest
1 bedroom apartment 2 bedroom simplex
2 bedroom duplex

 

 

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West End Attics 's Location

 
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