Corvin Promenade - Budapest,Hungary
From €56,000.
1/2 Bed Studio, Apartments
The Corvin Project in Central Budapest is fast becoming the most popular and sought after investment primarily because of it's excellent location and the extremely competitive prices. It has been described as the most exciting, unique, and valuable property investment opportunity to come available for many years.
This prestigious project involves Hungary 's largest developers ‘Futureal' and the local Municipality forming a Public private partnership in which €575 million is to be spent in the Corvin inner city area of Budapest.
Most important of all the involvement of the Municipality will ensure the security of your investment and also guarantees the final structures will be finished to the highest standards.
The project will boast of the most modern amenities including Retail, Office, Restaurants, bars, Theatres, Cinema, Swimming pools, Gyms, etc. as well as a 35,000 m² Shopping centre.
The first block of 178 apartements, Premier Suites was launched in March 2006 and sold out in four months, 50% to Irish, 50% to UK, German, Spanish & Hungarian. This block is nearing completion at the moment. The second block of 240 apartments, Fountain Suites was launched in Budapest in 2007 and sold out by the end of the year to 50% Hungarian, 30% Irish, 20% U.K, 15% Spanish. This block is due for completion early next year.
The third phase was released this year and sold out by the end of the Summer to mostly Hungarians, showing the locals can see the value in this project.
This Urban Renewal Development Programme covers a 22 Hectare Area (55 Acre) in the district VIII of Budapest. Based on grand plans, not only will a part of Jozsefvaros - one of the capital's historical districts - become more beautiful, but it will also be completely transformed...