Budapest
Cordia Thermal Zuglo, Budapest
A high specification luxury apartment complex with a difference! Thermal spa facilities within your own apartment.
Cordia Thermal Zuglo is located in the heart of Zuglo a quiet and green quarter of Pest - about 20 minutes drive from the city centre. The complex will be situated opposite the Paskal Thermal Bath Spa - an open air swimming pool, bath & sauna complex featuring the waters coming from the thermal springs 1700 metres below.
The unique feature of these luxury apartments is the thermal water that can be drawn from a third tap in the bathroom. Certain natural mineral elements in the water make it excellent for relaxation, beneficial for health and the water helps to regenerate, tone and moisturize the skin. Some premium apartments also include an infra- sauna. The complex will also offer high levels of security.
This area already has local shops, a kindergarten and schools and is well served by trolley bus to the city centre. The terminus of the new metro line (already under construction) will be close as will the new square, serving as the new centre of Zuglo, with shops, restaurants etc that is also being developed. Adjacent, the Paskal Thermal Bath Spa is going to be improved and indoor facilities added and this Wellness-Spa facility will offer quality leisure and relaxing facilities for those living in the neighbourhood.
Phase 1 just released. Prices start from:
Studio apartments £40,338
One bed-roomed apartments £47,636
Two bed-room apartments £76,149
Expected completion of 1st phase will be in Quarter 2 2009
Investment strategy
In addition to the anticipated increase in capital growth in Budapest generally and the increases due to the improvements in Zuglo, the thermal spa and the building of the new metro, we anticipate that these high specification apartments will be attractive rental apartments for both Hungarian and foreign businessmen and their families requiring a quieter residential location to live in with excellent leisure facilities and easy access to the city centre. Additionally there are opportunities to let these apartments for holiday lets featuring the Paskal spa and the thermal waters in the privacy of the bathroom. Or, once built, re-sell the apartment to the increasing number of upwardly mobile and aspiring of modern style living Hungarians.
