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Property for sale Budapest, District 7., Hungary

Property reference 540-372-542

Prices from GBP 55,342	Bedrooms: 1-3 Tenure: Freehold Bathrooms: 2 Property age: Off Plan/ under construction

Features:

95 superb quality apartments in historical District 7. ranging from 39-178 sqm
Handover: March 2007
Full Management Service available
Prices start at €80,000
Payment terms: 20-80%
Location:

The Renaissance Houses are located on KAZINCZY Street, in District VII, between WESSELENYI Street and DOHANY Street. The inner part of this historic district resembles the old Jewish Quarter of Budapest. Formed by history the area features a unique architecture.

After many years of neglect and disregard in recent years the district is becoming a fashionable area with coffeehouses, restaurants, bookstores and galleries opening on the narrow streets and international companies moving to the modern office buildings.

Price Water House, Svoboda, the Hungarian Cultural Ministry and many others have their offices in the neighboring streets. The faculties of the Science University, the Music Academy, the Theatre and Film Academy are few minutes walking from here and excellent public transportation (all three subway lines, #49 tram and #7 bus within 2 minutes walking) makes the district attractive for young professionals and students alike.

Value proposition:

Historical district with unique architectural features that is being rehabilitated totally in the next few years to be a new cultural and entertainment center of Downtown
Central location with superb public transportation
Excellent rental possibilities: close to downtown business district and large office centers nearby
Unique building with all natural material used
Inner green garden and roof garden
Underground parking with card operated gate and CCTV system for 111 cars
Retail spaces on the ground floor serving the residents

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