Green Colony Residence
The four buildings of the complex will be built in a very quiet street, just a few metres from a small stream and a few minutes’ walk from the district centre. Due to its location, the great variety of apartments, the environment, the high quality of finishes and the possibilities of letting and re-selling homes at steadily increasing prices, this development offers an excellent investment opportunity.
The building
The apartments
Prices - examples of the various types of flats
| Apartment | Balcony / Terrace | Bedrooms | Price |
|---|---|---|---|
| 33,52 m2 | 6,96 m2 | 1 | 55,600 € |
| 58,1 m2 | 7 m2 | 2 | 90,200 € |
| 97,75 m2 | 10,74 m2 | 2 | 141,000 € |
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
This four-building complex will be completed in a traditional residential district, which nevertheless has an urban feel and is close to the centre of Pest. The new district centre will be built at a distance of 300 metres, along with the underground station of the new line currently under construction.
The location of the building is perfect so you can enjoy the peace and quiet of the residential areas and have all services at a hand’s reach at the same time. By bus, the centre can be reached in about 15-20 minutes. A cycle path connects the district with Margaret Island. Underground stations along the existing line are accessible by tram until the completion of the new line.
Investments made in the area will certainly generate a steady revaluation of property. Home owners can easily let their flats to middle-class families and couples, functionaries working at the offices of the centre, etc.