Project name
Buda Hills (FULLY FUNDED)
Location
Category
Construction of 18 lifetime-compatible, luxurious new private apartments
Plot
4,457 m2 private land
Latitude
47°29’52.94”N
Longitude
19° 0’56.61”O
Initiator
REALIANCE Europe B.V.
Local partner
Expected investment term
24 months (completion spring 2020)
Exit strategy
Sale to end-investors or end-users
Participation
114 shares of € 25,000 available (preferably at least 3 shares)
Structure
Issue of shares in Buda Hills B.V., which acquires a 60% interest in the Hungarian project company (Kft.)
Equity investors
€ 2,850,000 (91.9%)
Equity initiatiors
€ 250,000 (8.1%)
Projected capital growth
39.1% after 24 months
Projected return (ROI)
19.5% per year ROI
Unique selling points
Newly built apartments in modern architecture in the exclusive residential area of district XII in Budapest.
The housing market in Budapest is on the rise, partly due to government regulations, with persistent price increases.
Central and ‘green’ in-fill location on the Istenhegyi út, a well-known street on the hilly Buda side of the city with good public transport connections and shopping centres in the vicinity.
Small-scale complex with 18 luxurious apartments spread across 3 buildings.
Modern, energy-efficient/ sustainable and integral concept.
Hardly any plots of land available for development in this district.
Responding to momentum in the housing market. VAT reduction of 27% for newly built housing to 5% until the end of 2019.
Investment with highly experienced Hungarian developer who has a proven track record.
For more information you can reach REALIANCE at +31 (0) 20 21 03 180 or invest@realiance.nl
