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Hungary - Prestige Towers Ref:IPPHUN014

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Development Features

- Luxury complex beside the Danube

- Excellent facilities for residents

- Completion date: Q2 2007

- Prices between €87,200 & €741,200

Reasons to Invest

- Located beside the Docks of Budapest

- Excelent buy-to-let opportunity

- Rental yield: 7% annual approx.

- Mortgages available up to 80%

Prestige Towers
Prestige Towers Prestige Towers
Prestige Towers Prestige Towers

A Riverfront Landmark Development!

Prestige Towers is a unique opportunity for investors who seek a long term property investment. According to 13th district plans, in the next few years the river bank from Dráva utca to the Northern Railway Bridge will see the development of new riverside projects including public areas. the developer of Prestige Towers is to open a gate to the river and develop a new centre for the capital.
Prestige Towers is a luxury development and will consist in four unique landmark towers of seven, eight and nine levels located in Northern Danube Riverbank and they will be surrounded by living parks with a modern design.

Studios with 42,35 sqm from €87,200 (£59,496 approx)
2 bed apartments with 75,22 sqm from €189,224 (£128,541 approx)
3 bed apartments with 91,66 sqm from €200,560 (£136,241 approx)

The Location
Prestige Towers is located along the Danubebehind Duna Plaza, in the Southern side of  Meder Street, alongside Újpest-bay, opposite to Népsziget Island.
The land space is situated at the meeting point of the main and side branches of the Danube River, 300 metres away from Duna Plaza. Accessibility to Prestige Towers is approachable from the city centre by Metro and many bus lines.

The Development
The modern, L-shaped arrangement of the four towers of seven, eight and nine levels consists of 130 flats and will surround a green park with an decorative outdoor swimming pool. The ground floor at the street side provides space for shops, trade and catering units. A rounded garden belongs to the apartments on the ground floor, while some apartments on the first floor will have a roof garden.
Exclusive finishing were used throughout the whole development; The bedroom and living room floors are made of exclusive wooden parquet, exclusive built-in kitchen units, Jacuzzi, modern bathrooms with high-quality finishings, air-conditioning, floor heating, plenty of sockets, different kinds of isolations, etc. will guarantee a sophisticated style of life.

Investing in a Luxurious Development
Prestige Towers is an excellent pick for those investors who are looking for a safe location investment. The expected annual rental yield on these apartments are around 6-7%. The local rental market demand is very high in this location, but foreign students and businessmen also rent apartments here. In order to guarantee the highest comfort to its residents, Prestige Towers will have a complete range of services including: yacht port; reception; hotel-like lobby area (24 hr); concierge service (24 hr); ‘sauna world’; outdoor swimming pool; decorative pools; gardening service; chaffeur service and many more…

 


 


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