Central Residences Budapest

Central Residences meets all the criteria to qualify as a prime centre development. Situated just off the main public transport junctions of Budapest, this state of the art project will provide perfect accommodation for those tenants who have not been able to find suitable homes in Budapest’s downtown area. The targeted rental market is middle-class Hungarian families and the ex-pat community.

Investors should expect rental yields between 7-8%, with capital appreciation for property within Budapest being around 15%. This city centre location has a buoyant rental market, evident from the rental demand for previous developments in the same area.

Consisting of 112 modern apartments with intelligent layouts, this new project is located in District VII, within Budapest’s ring road. A popular entertainment and café culture neighbourhood, an area where culture meets business.

Ideal for investment purposes, clients will benefit from a 30/70 payment structure, paying only 30% of the total cost as a first instalment, with the balance due on completion.

112 apartments, with individual balconies or terraces

8 floors or apartments, with ground floor rental units

Large garden for relaxation

Underground car parking

Turn-key apartments with fully fitted kitchens

Modern elevators

Reception with 24hr porter, technical and security services

Fitness room for the residents

Wellness complex

Coffee shop

Roof garden on the 8th floor

Development Features:

• Country: Hungary
• Region: Budapest
• Location: District 7
• Size: 29 sqm
• Price: from €63,000

Reasons To Invest:

• Prime buy to let investment
• Superb location in District VII
• 30/70 payment structure
• Low entry level pricing
• Rental yields forecast between 7 & 8%

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