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Property for sale information

 
Zaragoza Gardens - District 18 - Budapest  
Reference nr: CE697638
Description:

Zaragoza Kert is ideally situated in District 18, just minutes from the airport and at the same time located on the edge of the lush and peaceful Holmi Forest. District 18 is currently the leading district in terms of development and investment, this is for a number of key reasons:
Primarily, District 18 hosts the only international airport in Hungary and with Budapest’s current levels of increase in business and tourism; the 18th District is undergoing record economic growth and sharply increasing real-estate demand.

The Holmi Forest and the various parks in District 18 are exceptional compared to other green areas in any of the other districts, measuring around 902,000 square meters. On account of these high quality residential possibilities being so close to the hive of activity around the airport, modern real-estate in this area is experiencing rapidly growing investor and consumer demand.

The Ferihegy city expressway runs through the centre of District 18, connecting the city centre to the airport. Two major train lines also connect District 18 to the city centre.

The Development

The position of Zaragoza gives you luxury panoramic views of the local forest and green surrounding area. The green areas within the development are equally impressive, with beautifully landscaped communal areas and the Mediterranean styled inner courtyard park. The position and design of the building maximises sunlight to the whole development.


Amenities and Transportation

As well as the airport being within minutes of this development, you can expect to find schools, a doctors surgery, a dentist, shops and a pharmacy all within walking distance of the site. Other areas are easily accessible, with the nearest bus stop only 200m from the site.

District 18 Development

District 18 is a part of the Budapest Urban Regeneration Programme. Government funding has been awarded to the district aimed at refurbishing the decayed areas. Continuing improvement to living standards as the economic expansion increases aides the population of the area. Phase II of the Programme includes major refurbishiment to hospitals & playgrounds, road & pipeline reconstruction and school renovation. Infrastructure and economic development are at the core of the local governments future strategy.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 62,351
1 1 78,911
2 1 123,000
3 1 172,751
Features:
City
Submission Date:
07-13-2007
Advertiser Details:


Name:
Christies Estates

Company:
Christies Estates

Phone:
01 667 0099
Fax:
01 667 0107
Mobile:

 
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Calculators

 
Property price: €62,351
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations