This prestigious Development is situated close to the centre of Budapest, successfuly combining the lively modern city with the tranquil style of the greenbelt. The unusual design, attractive terraces and the presence of the Danube close by, provide a sense of originality and convenience. This progressive architectural initiative offers more than 2000 flats, shops and other services.

The apartments offered in Danubio Park represent modern city lifestyle in both the exterior and the interior design. In the first phase, 362 flats will be contructed in one seven storey building. The size of the apartments range from 34 square metre studio flats to 94 square metre three bedroom flats thus catering for all needs. The spacious terraces and balconies overlooking the garden or the street create an even more enjoyable atmosphere in the apartments. The enclosed inner parking lot completes the Developmentof Danubio Park, adding comfort and security.

This Development is being constructed by a major international developer reknowned for delivering quality at affordable prices.

The City and the Development

Budapest is one of the most beautiful capitals of Europe and offers many opportunities for relaxation as well as the sites for those visiting the City. The serene green belt Buda side and the bustling Pest side are connected by the Danube. This majestic river offers stunning views over both banks. The metropolis is under intense development with new town centres, leisure pools and promenades being built, as well as the old Palaces being renovated.

Danubio Park is located only a couple of minutes form Vaci Street which is one of the main streets of Budapest and from which Metro Line 3 offers a quick connection to the downtown area. The nearby Duna Plaza Mall offers a wide variety of shopping and entertainment.

Reasons for Investment

Hungary joined the EEC in 2004 and any foreigner can buy real estate in Hungary. Property appreciation averages 16% with rental yields in Budapest averaging 6%.

Many major companies such as Electrolux, Nokia and GE are now present in Budapest and this is creating a major demand in the residential housing market. Hungary is experiencing strong economic growth and at the moment property prices in Budapest are significanlty less than other European Capitals.

Prices

The starting price for a studio apartment on this development is only €59,000 plus VAT.

One bedroom apartments from €90,000 plus VAT, Two bedroom apartments from €105,000 plus VAT and three Bedroom apartments from €115,000 plus VAT.Payment Terms

10% upon signing private purchase contract, 20% during construction period (every three months) and 70% upon completion.

Completion

Scheduled for 2010