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  • HUF117,469,542
  • (EUR 298,000)
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • 3 bedrooms
  • Apartment / Flat  3 bedrooms
  • For Sale 
  • Budapest
  • hungary Flag Hungary
FROM THE OWNER!

IDEAL INVESTMENT OPPORTUNITY.
In the third building of the Corvin Promenade, called City Garden, a 3 bedroom apartment is for sale, with 2 bathrooms, southern exposure, overlooking the huge garden of the building. Area: 83 m2 + 5 m2 terrace.
The building hosts a wellness-fitness center unparalelled in downtown Budapest, including a 25 m long swimming pool!

The Development
The Corvin Promenade project is the largest urban renewal program in Central Europe, a 22-hectare neighborhood in the heart of Budapest.
Along the lengthwise axis of the project area, you will find it`s symbolic namesake, the green promenade - a continuous public space wider (36m) than Liszt Ferenc Square and longer than Vaci Street (700m). The Promenade will become the widest pedestrian mall in Budapest.
Modern apartments and retail stores, restaurants and offices, sports facilities, entertainment centers, cultural and educational establishments and academic institutions will form this new city centre.
Project initiators, the local Municipality and the City Government in conjunction with Futureal Group enlisted sociologists, historical preservationists, environmentalists, traffic engineers, urban designers and architects to jointly find a solution to significantly improving the constructed environment and quality of life in this area. Their answer to this complex problem is the multifunctional Corvin Promenade.
Close to 3,000 modern apartments will be built. Spacious quiet interior garden spaces will provide a balance of structures and green spaces. All buildings will feature unique facades, yet the singular style and design approach will still create an overall harmonious effect.
In addition, 46 pre-war structures, such as apartment buildings of historical importance and a school will be renovated. The public utility infrastructure will be replaced, underground stations and the stops of trams are to be refurbished. The streets will be widened and made greener.

Location, location, location
Walking in District 8, in the heart of the city centre, monumental landmarks and significant reminders of the capital`s rich history are everywhere you look. This is where they built the Quarter of Palaces in the 19th Century and is also home to the National Museum, Hungarian Radio Studios, Museum of Natural Sciences, Semmelweis University, ELTE University, Academy of Theatre and Film Art, MTA Institute of Experimental Medicine, Central Library, Corvin and Urania Cinemas.
Much of the scientific and cultural life of the country is concentrated here, in close proximity to the Corvin Project.

Transport Links
Corvin Promenade is almost equidistant from all other parts of the city. The city core is 5 minutes away. Budapest Ferihegy Airport can be reached in 20 minutes.
Two underground stations providing access to the western and eastern ends of the city and the nearby overland tram lines No. 4&6 are to be refurbished, in order to serve the public with modern and comfortable transportation options.
To facilitate the flow of traffic in the area, a reorganised traffic scheme is being implemented and underground-parking garages will accommodate close to 5,000 cars. Sidewalks will be returned to pedestrians, the promenade will be off-limits to cars.

Investment Profile
This single development is forecast to act as a catalyst that affects the entire 8th District. As a result of the urban renewal program, the property values in the inner city are forecast to go up in a quick and natural way.
Due to the proximity of over 30 colleges and universities - some of the best in Hungary, as well as the development of the Corvin Science Centre - a research facility of international significance, and the development of significant office and retail buildings, Corvin Promenade will generate a diverse market for rental apartments.
This creates an attractive investment environment and favourable conditions for those wishing to purchase real estate for the express purpose of renting them to others.
FROM THE OWNER!

IDEAL INVESTMENT OPPORTUNITY.
In the third building of the Corvin Promenade, called City Garden, a 3 bedroom apartment is for sale, with 2 bathrooms, southern exposure, overlooking the huge garden of the building. Area: 83 m2 + 5 m2 terrace.
The building hosts a wellness-fitness center unparalelled in downtown Budapest,...
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