Full Description

We have recently designed a completely unique investment product, an exclusive development of luxury apartments in the capital city of Budapest which guarentees you 10% cash back on completion. This is a stunning modern development from one of the most forward thinking developers in Hungary with a fast growing reputation for outstanding quality and design. With multi currency financing available of up to 80%. Vigo House is a development of 150 stunning high spec apartments in district 20 only 5 miles south of Budapest city centre within walking distance of the banks of the Danube and the new proposed financial centre, Csepel (Chapel) Island, (Hungary’s answer to Canary Wharf). The development is divided into 1, 2, 3 & 4 bed high specification apartments arranged between 2 blocks over 5 floors. These blocks also contain commercial and live/work units covering the ground floor spaces. All apartments benefit from parking, a fully fitted kitchen and flooring throughout. There is a clear trend that Western European retirees are seeking out locations where they can enjoy a good lifestyle and an affordable cost of living. Hungary is widely regarded as such a location, and it’s property market is predicted to experience continuous growth due to this phenomenon.The Hungarian government is committed to massive infrastructure projects throughout Budapest and Hungary including the M0 motorway ring road making accessibility into central Budapest for districts slightly outside of the main city much easier, generating greater demand and pushing up property prices. Budapest is an ideal city break.Tourism has boomed in recent years with the advent of budget flights direct from the UK (Wizz Air, Ryanair, easyJet and Jet2) and Budapest airport alone served 8.3 million foreign visitors in 2006. Short-term lets are in demand, which provides an attractive income stream for investors, again another driver of capital growth.Over the long term, even conservative estimates see the local property market doubling in the next 5-10 years, making Budapest property a low-risk and profitable investment.