Hungary - Amber Square Ref:IPPHUN004

The Apartments

This brand new development consists of 105 apartments finished to the highest specification. The ground floor of the seven storey building will be for commercial use. With a number of tourist attractions, shopping malls, universities and colleges within easy reach, this is a prime rental location. Given the central location, the car parking spaces in Amber Square are set to be valuable assets in their own right.

The Location

Amber Square will stand beside the landmark building known as Greenpoint 7 on Klauzal Street in Budapest’s District VII. Located beside a major metro station, with a bus stop just one minute away, there is easy access to all parts of Budapest. In the evening all amenities are on your doorstep, Liszt Ferenc Square, jazz clubs, Kiraly Street (the new pedestrian shopping street) and the famous 'Old Mans Pub'.
With Guaranteed Rental income, you won’t have to think about your investment until summer 2009. With Guaranteed Rent, you have rental income from your property for the first two years; we will manage the property while you get the benefit of significant anticipated Capital Appreciation. The key features of the scheme are:

• Net Guaranteed Rental income of 4% of the purchase price for 2 years
• Hassle free management of your investment by a professional management company
• The rent is paid bi-annually (31st May; 30th November).
• To avail of this scheme a Standard Furniture & Fittings package must be acquired, current prices for such packages are: 1 Bed - €7,590 & 2 Bed - €9,500