Adriana Residence
This development offers an excellent investment opportunity due to its close proximity to a district with lots of offices and businesses (Váci Avenue) and because flats in the neighbourhood are let easily to foreigners and Hungarians working at nearby offices. Flats in the development have 1, 2 or 3 bedrooms, also suitable for families.
This is a district with very good transport facilities and all the necessary services, while at the same time the streets are quiet.
The building
The apartments
Prices - examples of the various types of flats
| Apartment | Balcony/Terrace | Bedrooms | Price |
|---|---|---|---|
| 41,99 m2 | - | 1 | 58,500 € |
| 53,64 m2 | 17,77 m2 | 1 | 86,800 € |
| 66,64 m2 | 25,2 m2 | 2 | 106,500 € |
Prices shown are inclusive of VAT. Apartments of a price less than €60,000 are exempt of acquisition tax. Prices do not include the garage space, storage rooms or the kitchen furniture.
Payment terms
The first instalment, representing 10 percent of the total purchase price, is made in the form of down payment. Subsequent payments will be made in accordance with the progress of construction. The final instalment of 5 percent is paid when the permit of occupation has been issued.
Location
The apartments are located in a green urban zone of District XIII, very close to the Danube, Margaret Island and the Budapest City Park as well as to various sports and leisure facilities. The building is also close to hospitals and administrative and shopping centres (Duna Plaza, Westend City Center) as well as to the police headquarters. It is near Váci Avenue, an important hub of offices and headquarters of several businesses.
For that reason, chances to let your flat are very high in this area, either to foreigners working at the businesses of Váci Avenue or to Hungarians. The underground station for the line passing along Váci Avenue and arriving in the centre in 20 minutes is at a single stop by bus or tram.