Young City in Budapest

Name: Sales in Young City started!
Start: 2022-06-15T10:46:42.975379+00:00
End: 2023-12-31T23:59:59+0000
Location: Young City

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Project info

Object ID: 20517

Finished at	August 2021
Price, m²	From 3600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	10
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

288,000$

Net profit

8,283$

Payback period

27.2 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Young City

About the project

Young City is youthful in both name and design: all the apartments are fitted with 21st century technological solutions, while the building is located right next to the city centre in the 13th district. The free Wi-Fi in all communal areas adds a little comfort to time spent there, while residents can also enjoy all the advantages of the smart home devices, which are manageable via smartphone.

Buying a Young City home provides you with not only an apartment but a thoughtfully designed social living space. The ground floor of Young City offers a fully equipped, multifunctional communal space (with shared offices, children’s play area and a gamer club). Next to the covered children’s play area you can find a landscaped communal garden area with a climbing wall and a cycle area for children. There is a state-of-the-art playground just a few minutes’ walk away, while Margaret Island and City Park are also nearby.

We all know the benefits of doing sport and spending time in the open air and how they can contribute to leading a full and happy life. Young City has been deliberately designed to help its residents maintain a healthy lifestyle: the outdoor gym and yoga garden in the shared garden area and the roof garden complete with shower and a sunbathing terrace offer a range of opportunities for some well deserved leisure time.

Young City is located in one of the greenest areas of the 13th district, with excellent transport links. The stop for the No.1 tram and the Metro 3 station are both just a short walk away, while there is a wide range of shops and services found at the Pest side of Árpád Bridge. Young City offers all the advantages of both suburban and city centre living in Angyalföld, one of Pest’s most popular districts.

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