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City Apartments - Development in District 8

Home » Hungarian Property » For Sale » Hungary » Budapest » District 8 » Development

Property ID: 412688

Development

Price : €51,000 to €81,000

Delivery date: 2010 Q2

Key Features

  • - Regeneration development in the heart of Budapest's city centre
  • - New city centre being built in the vicinity of the airport
  • - 30% deposit 70% on completion
  • - Less than 20 minutes from the airport
  • - Close to the Medical University
  • - 10 minutes walk to the city centre

Largest Urban Regeneration Programme In CEE

Full Description

We have a selection of one and two bedroom apartments and pent houses in this exclusive development , ready towards the end of 2011. Over the next 5 years, the 8th district will undergo major regeneration. The renovation of the Metrolink scheduled for 2009 and the development of the city apartments will create a mixture of investment houses, apartments, trade, retail and commercial outlets. This is expected to result in significant capital growth for this area. This spectacular city regeneration project is the largest urban renewal program in Central Europe. The city centre is 5 minutes away, while the outer districts can be reached in approximately 10 minutes, and even the airports are within a 20 - minute travel time. Two underground stations providing access to Western and Eastern ends of the new quarter, and the stops along contiguous surface tram lines No. 4 & 6 are to be refurbished, in order to serve the public with modern and comfortable transportation options. To facilitate optimized flow of automobile traffic in the area, a reorganized traffic scheme is being implemented and underground parking garages will accommodate close to 5.000 vehicles. Sidewalks will be created for pedestrians, the promenade along the axis will also be pedestrianized and off-limits to vehicles.

 

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