Property Information
Return on Investment ·Based on 5 years capital appreciation.·Property value £100,000.·15% deposit. £15,000 due immediately on signing contract.·£1,500 legal fees.20096% capital appreciation on £100,000 =£106,00020106% capital appreciation on £106,000 =£112,36020116% capital appreciation on £112,360 =£119,10120126% capital appreciation on £119,921 =£126,2482013*6% capital appreciation on £126,248 =£133,823 £ 33,823 profit, based on initial cash outlay of just £16,500 which brings us to the figure of 204% Return on Investment.* In 2013, Hungary is scheduled to join the European Monetary Union which means the Hungarian Forint will be converted into Euros. Looking back in history, every country to join the EMU has benefited from an immediate 15% - 30% increase in property prices.For example purposes we will use 15%.2013*15% capital appreciation on £126,248 =£145,185£ 345,185 profit, based on initial cash outlay of just £16,500, which brings us to the figure of 273% Return on Investment.These returns are calculated on the assumption that the investor uses 85% loan financing. The minimum 15% deposit allows you, the client, to benefit from considerable upside gearing on your investment. Tax FreeFrom January 1st 2008 there is new legislation for private individuals buying property for investment in Hungary. Properties bought as a private individual and sold in the fifth year of ownership or after will be subject to 0% capital gains tax.Invest In BudapestThe Paris of the East• €22.6 billion of EU funding is being invested in Hungary.• Stringent and dependable legal system.• Popular location for large multinational companies.• Lively buy-to-let market.• Considerable local buying power and equity stock.• Budapest generates 60% of Hungary’s GDP.Complete Investment SolutionCrown Global provides the following…·Land purchase·Construction·Project management·Marketing and sales·Legal and financial advice·Accountancy services·Multi-lingual staff·Interior design and furnishing·On-site property management - ongoing·A British development company operating in London for over 2 decades, Budapest for 1 decade and more recently in the last 4 years Brasov, Romania.Features and Specifications·Exclusively designed 1,100 m2 of private landscaped gardens.·Pre-installed air-conditioning.·Fully furnished and integrated kitchens.·Parquet wood flooring throughout all apartments. ·Secured parking.·70% of apartments overlook the south facing gardens.The Gardens is a breathtaking realisation of innovation and imagination. In addition to this, within 1.6km is Vaci office corridor, the main road running out of downtown. The Vaci office corridor is the most densely populated area of multi national companies in Budapest. The following global brands operate very close to The Gardens: • KPMG• Sony Ericsson• 3M• Bridgestone• Knight Frank• Lombard Insurance Group• Oriflame• Allianz Bank• Ferring Pharmaceuticals• Fortis• Porsche Bank• RicohDue to its superior location The Gardens is one of the safest investment opportunities in Budapest.