The Government’s recently announced economic action plan may provide a new boost to the residential property market in Hungary and significant growth is expected. While subsidies and incentives may create more opportunities next year, experts predict that the market will keep growing in 2025, with increases in both price and volume. One reason for securing a deal this year is that now you can still choose apartments at 2024 prices before the expected price increases next year.
The Park West 3 residential development in District 13 is expected to be completed in September 2025, so you still have time to find the property that suits your needs among a wide range of apartments.
Park West 3 payment schedule for registration contracts concluded by 31.12.2024**
There is a lot to gain with the right payment schedule
Buyers looking for an apartment tend to focus on the purchase price when comparing property costs, but now the impact of various payment schedules is worth a closer look. If you pay the registration fee in 2024, you can get an apartment in Park West 3 at current prices, and you can invest your money and earn returns before paying the first instalment next May (20%) and the second instalment of the purchase price at the handover. This means you can use the returns you make in 2025 to pay the instalments of the purchase price.
Let an expert company take care of the logistics at your new property!
LIVING’s professional service division, LIVING Service, is a reliable partner for our clients in managing tasks related to their properties during the project development phase and making sure that owners get full use out of development properties. Our aim is to make homeowners’ life easier, from the handover of the apartment with an independent technical inspector, to furnishing, renting, managing or even reselling it.
The residential project, expected to be completed in September 2025, is the third phase of the highly popular Park West project. Located in the dynamically developing Ferdinánd quarter of District 13, this development is a few minutes from Dózsa György út and Lehel utca and offers easy access to the city centre both by car and public transport.
Most of the sunlit homes face south-east or west to south-west and have an interior garden. The top floors offer a great view of Buda and City Park. Each apartment has a terrace and an available parking space in the underground parking garage and, as a unique feature, there are upper-floor storage units.
* The offer is valid for the apartments still available in Park West 3 if a deal is concluded in 2024, provided that the client signs a valid and effective registration contract with the seller and pays a registration fee of HUF 3,000,000 (gross amount) to the seller by 31 December 2024. The client must pay the purchase price only in 2025. The seller and the buyer agree that the registration fee paid will be applied to the purchase price of the apartment as set out in the preliminary agreement for the transfer of ownership of the Property/Properties if a preliminary agreement is signed by the parties. The registration fee paid in 2024 is counted towards the 20% of the purchase price to be paid under the preliminary agreement.
** The payment structure illustrated applies to financing with a home purchase loan. In the case of financing from own resources, the final instalment of HUF 100,000 will be paid after the Seller's notification of the registration of the Condominium.
Sales office
+36 70 705 23 69
sales(at)living(dot)hu
LIVING Showroom
H-1134 Budapest, Klapka u. 8.
