You must install Adobe Flash to view this content.
You must install Adobe Flash to view this content.

The Gardens, Budapest

Our future overview of your investment in the Budapest Property Market at the beginning of September, 2009...
   
  Example used here: apartment 20R   EDIT YELLOW CELLS
TOTAL COST of your apartment, terrace, store and parking space...    
< input your apartment price  
   
 
Year Capital appreciation of your apartment at... Total Property Value becomes... Your Deposit - EDIT % STAMP DUTY / TAX (HUF)
  Our view - input yours!  
2010 € 166,923 €24,548 Apartment & Garage Rate Cost HUF
2011 € 175,269   up to 4M 2% 80,000 Ft
2012 € 185,785   over 4M 4% 2,319,975 Ft
2013 € 200,648        
2014 € 220,713   Total cost 2,633,725 Ft
       
HUF / EURO FOREX Stamp Duty = € 9,577  
  EDIT at current rate Legal Fees = €2,455 (based on a 1.5% fee; it can be as low as 0.75%)
   
  Your Total Costs: Legal Fees + Stamp Duty + Deposit = € 36,579
             
  Total Capital Appreciation = € 57,063 (Increased property value in 2014 less purchase price)
After 5 years, your Return on Capital Invested (ROI), after costs, = 156%
 
Hungary plans to adopt the Euro (European Monetary Union, or "EMU") in 2013 or 2014. History has shown that property prices rise much faster in any new Member Country, so further increasing your capital appreciation. Be it Dublin, Berlin, Valetta or Madrid, property values have all risen dramatically in advance of EMU. In January, 2009, it was Slovakia, where property prices across the country rose by close to 100% in the 18 months prior to EMU. Make sure you don't miss out on Budapest!!
With 2008/9's financial markets in turmoil, here we attempt to forecast what we believe to be a realistic EMU impact on property in Hungary by 2014 By 2014, we believe EMU will drive an ADDITIONAL property price growth of... Therefore your total Property Value becomes... EMU further drives Return on Investment (ROI) after 5 years to... So, after just 5 years, the value of your Total Equity in "The Gardens" is...
Our view, today: input your own! > € 286,927 337% € 147,824