The Gizella Park development is located in the up and coming area of District 9. International universities are located nearby, providing great opportunities for rentals. The area contains numerous trendy bars and cafes, appealing further to the younger market, which are a focus in this district. The local municipality are investing large amounts into re-developing the area, also making District 9 a popular choice for re-location. Capital appreciation is estimated at around 12% and rental yield around 6%. 30% deposit which is balanced on completion. Large amounts of money are being spent re-developing district 9. The city can be reached within 15 minutes.
The house includes apartments that can be approached from the 4 staircases through smaller inner corridors. Among these, the apartments established in the loft are two-storied, with attractive galleries and are also lighted by dormer windows. On the general floors traditional, 1-3-room apartments of a practical ground plan will be built.
Gizella Park with its unique conditions offers solutions for all kinds of housing demands: from the one-room studio apartments throughout the medium sized homes up to apartments satisfying the claims of big families and generations living together.
This price is based on a studio (35.94 square metres) and includes a balcony (9 square metres)
Development Features:
- Country: Hungary
- Region: Budapest
- Location: District 9
- Type: Studio
- Size: 35.94 square metres
- Price: from €51,775
Reasons To Invest:
- Budapest’s most up and coming area
- International universities nearby
- Located within the popular green belt area
- Rental yield an estimated 6% per annum
- Aproximately 12% capital appreciation
- 3 minutes from a tram stop
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