Presenting 83 Vaci Street, a development located in District 5 in the heart of Budapest.
Structured with Generous Tax Relief for Irish Investors against all personal
income, the investment can be made at an effective rate of 58 cents on the Euro if purchased via a
personal investment trust.
Hungary is now part of the European Union, and Budapest has become the investment
destination of choice for many leading international property funds and private property
investors looking for sustained long-term capital growth.
The neoclassical 19th century building at 83 Vaci Street will be totally refurbished to integrate what is beautiful from
a past era with the luxuries of modern day living. Two new floors will also be added. The
renovations will endeavour to retain the original features, including a three-metre high
ceiling, large windows, and many other distinguishing elements of the building's bygone era.
The building takes advantage of the classical courtyard typology found throughout
Budapest. The ground floor will house a communal garden and a calm water feature.
Luxury Everywhere:
Luxury is evident throughout the development with detail such as granite stone entrance finish and
courtyard walkways. Secure access to the building will open to the original feature's hallways, now
surrounded by new stone work and enhanced with beautiful natural timber and high ceilings.
For those residents fortunate enough to live in the upper floor duplex penthouse apartments, a unique
roof-top garden will be available for relaxation. This garden will boast manicured lawns, soothing water features,
and amazing views across the beautiful city of Budapest.
Each apartment will come with it own storage unit in the basement, and car space will be
available for purchase.
