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Featured Property for Sale

Veres Pálné u. ID# 1062

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------OFFICIAL PRICE IN EURO-------315,000 EUR--- This is a gorgeous, spacious, elegant, bright, 2 bed/2 bath, street facing apartment in downtown Budapest. The apartment has a massive kitchen area and features a simple off-white aesthetic. The building is located parallel to the famous Váci utca and many amenities/transport option are close by. The apartment is pre-let at €1800/month (8.4% yield) making it an excellent for investors!

 

Price: HUF 91 350 000

Price: EUR 315 000 circa

Area: 138 m²

[find out more]

Research about Investing

Learn about Real Estate Investments in Budapest!

Take advantage of Hungary’s accession into the European Union. Find out why Budapest Real Estate has been favoured by thousands of investors for the past couple of years.

Did You Know?

  • The average price of good centrally located properties in Budapest is between €1 300 - €2 000 per m²
  • Hungary gets nearly one third of all foreign direct investment flowing into Central Europe, with cumulative foreign direct investment totaling more than US$185 Billion since 1989.
  • €22.6 Billion of EU funding currently being invested in the country.
  • Budapest is a popular location for large multinational companies, over 45 of the 50 blue-chip multinationals are located here.

Pbal Gallery - Pinball Museum Budapest 


 

The Saint James Hospital Group was founded in Malta in 1984, and it currently operates private hospitals in Malta, Libya and Hungary. The Budapest Eye Clinic specializes in day case surgery and laser vision correction, as well as a comprehensive range of ophthalmological services. http://lassjol.hu/


W!zz

Wizz Air - Book Your Flight to Budapest!

 

All Hotels in Budapest, apartments in Budapest, Balaton 173 hotels in Hungary with online reservation. Hoteltelnet offers spa and thermal hotels, wellness hotels and health resorts in Heviz, Buk, Zalakaros and Budapest. Hotels at Lake Balaton.


 

 

 

Capital Real Estate Budapest

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NEWS

 

It's a fact: Mercedes to invest EUR 1 bn more in Kecskemét, Hungary

 

New Mercedes plant to be built 

  • Daimler is investing EUR 1 billion in Hungary
  • The capacity of the new plant could be as high as 100,000 cars per year
  • 2,500 new jobs created
  • This will be the largest greenfield investment ever made in Hungary in one go
  • Hungary's government offered HUF 12.9 billion in state aid for the project
  • Among the cars to be made in Hungary, there will be front-wheel-drive, rear-wheel-drive and alternative drive models
  • Although the manufacturer is still not planning to bring engine manufacturing to Kecskemét, the new units to be set up in the next two years will include not only chassis manufacturing but also car paint and assembly lines. The manufacturing halls will be equipped with assembly lines suited to flexible prodction; that is, adaptive robots that will easily manufacture any current or future models

 

 

Hungarian Real Estate Market ‘Could Benefit From Brexit’ Britain’s forthcoming exit from the EU

Let's face it, everyone is talking about it. However the Hungarian Real Estate Market ‘Could Benefit From Brexit’ Britain’s forthcoming exit from the EU may have positive effects on the real estate market both in Hungary and in western Europe, the portfolio manager of OTP Bank’s Real Estate Investment Fund said in an interview published by business daily Világgazdaság. Attracted by the prospect of a 7-8% yield on investments, British investors have over the past years turned to the Hungarian real estate market with keen interest, László Kovács told the paper. The total volume of real estate transactions dropped in London by 47% to 6.7 billion euros during the first three months of the year, compared with the same period in 2015. The decline during the period was 43% for the whole of the United Kingdom, he said.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

http://www.xpatloop.com/news/85363

Rents Rise To New Peak In Hungary

The cost of rented accommodation in Hungary has risen by 5-20% in the last 12 months, and by 30-40% in some regions, estate agency Otthon Centrum found in a new report. Prices rose the most in the outskirts of Budapest, but were flat in the Sixth and Seventh Districts, where rental fees had surged in preceding periods.

Rents stabilised for similar reasons in some university towns, such as Szeged, Pécs and Gyõr.

Rent prices have probably peaked, according to László Balogh of property website ingatlan.com.

University entry results will be published next week and that is generally the period when there is a rush to rent flats, Otthon Centrum adds.

Smaller flats, especially those centrally located, are snapped up quickly by tenants.

Property market experts see high demand for homes of 80-100m2, which are more economical if a number of students share the costs.

In Budapest, the average monthly rent was Ft 140,000.

http://www.xpatloop.com/news/rents_rise_to_new_peak_in_hungary

 

 

 

 

At Capital Real Estate Budapest, we provide unsurpassed personalized service in property sales, property rental and property management.

We are one of the premier real estate agencies in Hungary and your gateway to a successful property purchase or rental in Budapest.

Please have a look at the Investor Center for all the facts and figures you will ever need for an informed investment in the Hungarian property market.

Capital Real Estate Budapest prides itself on having one of the largest Click Here to Recommend Capital Real Estate's Website!selection of property for sale and rent in the city center. We can offer an unsurpassed range in apartments, commercial and retail premises, warehouses and land with building permission. Capital Real Estate Budapest is Budapest’s most preeminent one-stop-shop for property investment, we are able to help you rent and manage your Budapest property as well as providing financing from Hungarian lenders.

We are proud to have the largest off-market portfolio of residential and commercial/ retail properties for rent and for sale in Hungary.

We also dedicate ourselves to finding affordable and safe student accommodation for the many students wanting to rent near University campuses.

If you are looking at property for sale or rent in Budapest, Hungary, as a safe investment in the future for you and your family, then you have come to the right company. Capital Real Estate Budapest will help you through every stage of the purchase process by assigning a dedicated agent to you from the very start. Your agent will help you select the appropriate property for your budget and help you achieve the highest yields possible. All our agents are fluent in English and are trained specialists in Hungarian real estate counseling.

 

We would like to give you some general information about the costs associated with investment into Budapest. Our agency operates as a buyer's agent. We take our clients through the whole buying process and introduce them to lawyers, accountants, management companies, accompany them to banks, to the notary and any other office where our help is needed in connection with their property investment. Bear in mind that as the agent that represents you it is our job to negotiate on the price of any potential property and get you the best possible deal. We represent you and you alone and we are here to give you professional property investment advice and impartially look after your interests. This applies prior, during and after any potential investment has been made. For this comprehensive service we charge 3% + VAT of the purchase price.

The total acquisition costs are all together about 10% + VAT of the purchase price which breaks down as follows:

Stamp duty 4 % (due only about 2 to 12 months after purchase)
Costs of the registration of ownership and the ownership sheets: EUR 45
Escrow fee: EUR 100 + (27% VAT) if you use the escrow account – not compulsory
Bank fee – of the escrow: 0.1% of the transferred amount.
Our commission 3 % + VAT (27%)
Lawyers fee 1.5 % +VAT (27%)
Private permit (for non-EU residents) about €400 or company formations €900
Please note that it takes 30 to 60 days to get the permit, it is also standard to include in the contract that if you are refused a permit that you will purchase as a company.
In the 10 years since we have been dealing with international clients not one permit has been refused.
                                                       
Also note that if the property that you purchase will NOT be your main residence then you must pay annual council property tax.
Please ask your appointed lawyer for more detailed information.

 


 
Property of the month

Hunyadi tér ID# 1435

Budapest District 6.

Classic Apartment for sale

Area 89 m²

Price HUF 55.000.000/ circa EUR 190.000

This apartment is located on the 4th of 5 floors, the top two of which were added to the building in 2006. The elevator was installed in 2011. The apartment is in very good condition, and it boasts the location and grandeur of an old building whilst enjoying the comforts of a modern apartment, namely the separate utility meters and heating system. The 89 m2 apartment comprises of a hallway, with the bathroom on the left, and the eat-in kitchen straight ahead. To the right of the kitchen, there are two good-sized bedrooms, and a living and dining area, through which the terrace can be reached. The 6 m2 terrace enjoys beautiful views over the square and of the Buda hills, which is particularly impressive at night. Overlooking the leafy Hunyadi tér in the VI. District, this apartment is perfectly located. Andrássy út and the Vörösmarty utca M1 metro stop are just a one minute walk away, by which Liszt Ferenc tér and the Belváros are a few stops away. The square itself provides a market, which is open six days a week, selling fresh fruit, vegetables and flowers. The price includes the fitted kitchen and bathroom, and the furniture can be included for an extra amount. The common cost is 16,700 HUF per month, which includes the maintenance and any necessary repairwork of the building. This property would make an excellent buy-to-let investment, considering the location and condition of the apartment. Also, the owners already have a possible tenant, who is extremely keen to rent as soon as possible.

 

 

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contact information

Click here for more contact information!1065 Budapest, Hungary
Bajcsy-Zsilinszky út 5

Tel: +36 (1) 219 5505
Fax:+36 (1) 219 5504

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Apartment for rent in Budapest

Bajcsy Zsilinszky # 1106

Budapest District 6.

Area: 80m2

Fully furnished and equipped two bedroom flat(80 sqm) is for rent in the 6th district on Bajcsy-Zsilinszky Road (next to Arany János metro stop). In the best part of 6th district, 5 minutes walk from Basilica, Andrássy Avenue, Nyugati station, bars, metros, trams. 24 hours shop is nearby. the flat is on the 1st floor. Comprises a cosy living room with sofa which can be open as a double bed, kitchen with built in units, two spacious bedrooms, bathroom with a corner bath tub,apartment has street and courtyard view. Very sunny ideal for students. Rental fee: 480 Euro/month+utilities. Common cost: 16000Huf/month. Two months deposit and one month rent required moving in, available immediately.

 [find out more]

 


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