Real Estate for Sale: , Hungary, A Place in the Sun - Budapest on the River Danube - III. district, on the banks of river Danube

Asking Price: $81,000
Location: III. district, on the banks of river Danube
City: Budapest
State/Province:
Country: Hungary
Type: Condo

1 bedroom, 1 bathroom, separate toilet, lounge-diner, 1 kitchen, western aspect (lots of sun in the afternoon), 39 sqm.
Sun Palace is a cutting edge development on the Buda side of the capital in flourishing District 3, just a short walk from the city centre on the banks of the River Danube. Public transport of every kind is on your doorstep. Professionals and ex-pats looking for a home with wow factor and kudos will love these high spec apartments.
With 550 apartments in total planned over 15,000m2, Sun Palace is the largest residential building project in the city at the moment.
Riverside location in buzzing District 3 with views of Buda Hills
Prices start from as little as £50,000
Drawing on its superb location, on-site amenities and modern design, Sun Palace will be able to command high rent of up to 13.4% yields
Great rental prospects among burgeoning professionals & ex-pats
On-site fitness centre, shops and restaurants
Voted as one of the Top 20 best business deals of 2004 by BBJ
Completion December 2007/January 2008
Capital growth is predicted to be good at around 10-15%.
Currently, Sun Palace is one of a kind on the upmarket Buda side of Hungary’s capital.
It was the only residential development voted into the Budapest Business Journal’s Top 20 Best Business Deals of 2004. Other players on the list included AXA, Electrolux and the Allied Irish Bank.
Phase 1 sold out well ahead of schedule.
Features - Amenities

Appliances
Pool
Gym/Spa
Lounge-Diner
Kitchen W/dishwasher
24 Hour Security
Off-Street Parking
High-Speed Internet - Optional
Security Underground Parking - Optional
Great Rental Prospects
On-Site Fitness Centre, Shops And Restaurants
Voted As One Of The Top 20 Best Business Deals Of 2004 By Bbj