Penthouse for Sale and Rent in Andrassy, Budapest, Pest, Hungary

New Built Penthouses in the Center: Excellent Investment!

Excellent quality one and two bedroomed penthouse apartments are being built in the center of Budapest, at the best location of the city, just off of World Heritage Andrassy Blvd
The area where the building is located is also one of the most convenient in the city: it is 1 minute walk from Octogon where you can take the Millenium Subway (M1) to Downtown (3 stops), or #4/6 tram that goes around the city; you are in walking distance from a shopping center (Westend), the City Park, Szechenyi Bath, Heroe's Square, eight theaters including the Opera House. It is one block from the Music Academy concert hall, Liszt Square (restaurants& coffeehouses); Schools, universities, 24 hour pharmacy, supermarkets are also in walking distance. There is a farmer's market on the square 3 times a week and a deli store next door.
You do not really need a car here, but if you have one free parking space is available in front of the building, or there is a garage building in the parallel street 2 corners away.
Excellent For Investment: good rental possibilities due to the location. Examples from similar buildings around the square:
Student rental: one/two bdr for expat university students: 400-700EUR/month (Veterinary Uni: 3 stops on #78/76 trolley; Music Academy: one block walk; Medical:15 minutes on 4/6 tram; Technical: 20 minutes on tram+bus) ;
Business rental: two bdr with balcony w panoramic view for business men: 900-1200EUR/month.
PRICES: 1 brd: from 88.200EUR; 2bdr: 115.200EUR; 2bdr w. balcony and panoramic view: from 213.000EUR. Price includes kitchen w. appliances!
Handover: September, 2008. Payment schedule: 10% earnest+ 30% within 10 days + 20% by June+ 40% at handover.
Would you have any question or interested, please do not hesitate to drop me an e-mail - I'll be happy to answer!