Zaragoza Gardens is located at Nemes and Fenyofa street adjacent to Holmi Forest in Budapest's 18th District. It is less than 5 minutes from the International Airport and the surrounding Industrial & office developments. The plot is 1km from the new M0 ringroad, Budapest's new Orbital.
The project will handover in the summer 2009 and nothing of its kind has been built in the vicinity. The building has a Mediterranean style and colouring and is generous on balconies and open spaces with its flamboyant design.
The quality and design of the building and apartments is significantly above the market average for new-build products in Budapest today. However, the rapid uptake in market on previous developments by the developer has proven that this product is an excellent fit for the aspirant middle-market in Budapest today.
The apartments are highly rentable and can be financed up to 80% LTV ratio. The units are priced at a level that fits the current government tax-breaks on new build apartments, designed to encourage the local population into quality new-build housing and away from the dull socialist blocks of the Soviet area.
It will consist of:
336 Apartments
8 Commercial spaces
336 Parking spaces
Studios, 1 bed, 2 beds, and 3 bed apartment ranging between 28m2 and 120m2
two phases staggered between 2 months (equal number of units)
Evacuation began in the first quarter of 2007 and construction starts in the second quarter.
Location, Location, Location
The development is 12 minutes from the town centre, less than 5 minutes from the airport, 3km from the nearest train station, 200 meters from the nearest bus stop and 1km away from a major shopping centre (Tesco).
The site is in an excellent location minutes from the Budapest International Airport which, along with its surroundings is undergoing dramatic commercial and industrial expansion. The area itself is undergoing fantastic upgrades with new roads, facilities, offices and industrial parks being developed concurrently to the Zaragoza Development. At the same time, the plot is located in a beautiful, quiet location next to the lush Holmi Forest.
Please contact us for details of available apartments
+44 (20) 8998 7923