Centropolitan in Budapest

Name: Sales in Centropolitan started!
Start: 2022-06-15T10:24:57.752551+00:00
End: 2023-12-31T23:59:59+0000
Location: Centropolitan

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Project info

Object ID: 20515

Finished at	May 2021
Price, m²	From 4100$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 26.00 m²
Floors	8
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

106,600$

Net profit

5,906$

Payback period

13.2 years

Avg property value increase per year

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Promos and discounts for Centropolitan

About the project

The building has received the occupancy permit, and the transfer of the properties to their owners is in progress.

Residents can take advantage of outstanding transport links: the Metro 2 like is 200 metres away, the Metro 4 line is 250 metres away, and the 4/6 tram and many other tram and bus routes are all easily accessible. The Europeum shopping centre is just a couple of minutes’ walk away, as are various restaurants and cafes, a cinema, theatre, museum, sports centre, school, pharmacy, post office and banks.

The Centropolitan apartments are secure investments promising lasting value. Because of their great location – between the recently renovated Rákóczi tér and Blaha Lujza tér – and the outstanding service environment, these apartments provide excellent rental income for both short- and long-term rents and offer a high return on investment to their owners.

Although they are located in a quiet side street, the Centropolitan apartments are walking distance from many of the bustling Hungarian capital’s major landmarks, as well as restaurants, cafes and some of Budapest’s most popular entertainment venues.

These modern, high-quality and newly-built apartments have garden access from each ground floor apartment, while the upper floor apartments all have their own balconies. The shared internal garden contains a communal terrace for relaxation and enjoyment.

Developer

Cordia is a subsidiary of the highly capitalised, Hungary based Futureal Group, one of Central Europe’s 10 largest property development and …
Details about Cordia