Archive for January, 2011
Budapest Property Prices Set To Boom In The Citys 9th District Riverside
Of particular interest in the Budapest property market right now is the 9th district of the city. Development there has been quiet yet constant for several years but it really has exploded recently. In fact the hitherto semiderelict area of the Danube riverside between the Lgymnyosi Bridge and Petofi bridge is now beginning to finally fulfil its undisputed potential as a centre of premium residential and commercial Budapest property.
Walking through the 9th district recently the main thing that struck me is the sheer pace of development particularly around Boraross Square and alongside the Soroksri t corridor that runs parallel to the Danube. Commercial and residential property is springing up at a mindboggling rate in this area and it looks like the governments longterm plan of stimulating the area by building its new National Theatre and the Palace of Arts here in 2002 is now bearing fruit.
The Millennium City Centre is the most obvious example of the districts regeneration. This huge development which is being built by regional construction giant TriGrnit started with the construction of the Millennium Tower I in May 2006. This is 70 occupied by Vodafone and is simply known to Budapesters as the Vodafone building these days. Clearly new residential developments nearby and of course existing property near the office centre are in increasing demand from Vodafone employees meaning that a buoyant rental market is also developing in the 9th.
Furthermore by Spring of 2008 TriGrnit will add even more premium office space to the Budapest property scene with the construction of Millennium Tower II and III. Together these developments will see the construction of 29 000 square meters of brand new office space. In addition construction of Millennium Gate is underway which will become the new home of the prestigious Central European Universitys CEU Business School as well as offering a further 13000 square meters of retail space.
Finally the TriGrnit is also constructing a residential project within the larger Millennium project. This will see an investment of over HUF 10 billion EUR 40million in brand new luxury residential Budapest property. In its sales pitch TriGrnit claims that this is the last piece of undeveloped land on the Pest riverside that gives a view of Buda the castle district and Gellert hill and it is certainly not an empty claim.
Sowhat was once an area you would simply drive through and wonder why nothing was being built on such a central and well appointed area of the city has in the space of five short years become one of the most dynamically developing areas of the Budapest property market. International finance giants Morgan Stanley and AIG have joined Vodafone as tenants and factor in the simple fact that people increasingly choose to live near their place of work in addition to the effect that the CEU business school will have on the area means that the riverside of the 9th district is looking like one of the most potentially profitable areas to invest in Budapest property. If youd told me this in 1999 I would probably not have believed it but its happening right now and further proof that big business has massive faith in and continues to invest heavily inBudapest property .
About the writer: Richard Holmes has lived in Budapest in Hungary for over six years. He is Managing Director of a Budapest Real estate agency called Gateway Properties who specialize in working with foreign investors who seek investment opportunities in the Budapest property market.
Bryson Homes Comes To Sc
There is a new player on the home construction front in South Carolina. With an established reputation of excellence in the home construction field Bryson homes has brought their innovative home styles to the upstate market. Their first community The Landing as Savannah Pointe has recently opened and is offering some fantastic homes with great custom design elements. This company has been in operation since 1977 and has refined it’s home offerings to meet with the discerning tastes of today’s home buyers. The South Carolina home market is an exciting place right now as it is one of the most secure markets in the nation. The state’s strong economy is another asset in the equation that is creating some real attraction to South Carolina.
Bryson Homes has begun with an offering of ranch and twostory homes that range anywhere from 1400 to 3000 square feet in total. The area that they have created at Savannah Pointe is one of luxury and value with many of the homes starting in the 160000 range. These homes are fully upgradable depending on the needs and the wants of buyers. Homes come with hardwood foyers beautiful master bathrooms artistic moldings and intelligent design. Essentially these homes are designed with the needs of the home owner in mind but have retained a truly artistic feel combined with excellent value.
As with most custom homes there is an endless number of upgrades that are available to buyers. Granite counter tops hardwood flooring and custom fireplaces are only a few of the upgrade options that are available. The homes have some great design features too utilizing arches and cathedral ceilings that bestow a feeling of open space and give the rooms a classical feeling. Bryson Homes is gearing up to take the South Carolina housing market by storm with their intuitive designs and there are a number of projects in the future for Bryson in South Carolina including a townhouse community and a few other home developments.
About the writer: Eddy Kicker is a REALTOR servicing the Greenville SC real estate market. Eddy is a dedicated professional that offers the best in customer service and attention in relocation to Greenville. Contact Eddy today for more information on South Carolina real estate.
Brewer Caldwell Offers Affordable Rental Homes Throughout Arizona
While the valley of the sun has cemented its standing as one of this countrys most desirable destinations there are many people who choose to live in the many great regions of the state outside of the Phoenix metropolitan area. At Brewer Caldwell Property Management Inc. we cater not only to those looking for Scottsdale home rentals or Phoenix home rentals but also those for whom less densely populated areas and cooler climates are more appealing. We offer Arizona rental properties from Tucson all the way to the beautiful White Mountains and invite you to discover the Arizona residential rental of your dreams in the area of your choosing amongst our many great listings.
If youre interested in a house for rent in Arizonas beautiful White Mountains we have several listings in this cool and scenic area. The White Mountains have long been a popular summer destination for those seeking to escape the heat of the valley during summer or enjoy the great skiing of Sunrise Ski resort in the winter. We offer a host of stylish and affordable rentals that will allow families like yours to enjoy the beauty of the mountain air and the rich culture and historical legacy of the many great communities here year round. Choose from great rental homes in Snowflake Taylor Springerville Eager St Johns Show Low Greer and more. Discover all that eastern Arizona has to offer by setting down roots in the incomparable White Mountains.
Those who enjoy the feel of a growing Metropolis that still retains some of its old world charm and culture will love the rentals we have to offer in Tucson Arizona. Home to the University of Arizona Tucson is the largest city in Southern Arizona and the second largest in the state. Brewer Caldwell offers a number of amazing homes at affordable pricing in the greater Tucson area. If youre interested in city living without the massive urban sprawl that is Phoenix Tucson may just be the place for you.
One of Arizonas greatest strengths and most appealing qualities is its diversity. This applies not only to its people but also to the geographical diversity inherent throughout the state. At Brewer Caldwell Property Management Inc. we know that many renters are seeking the opportunity to live in a home and community outside the Phoenix metropolitan area. With over 1000 rental properties available throughout the state we feel confident well be able to help you secure both the home and the destination of your choice.
About the writer: Im Danny Dean and we can provide you with an Arizona house to lease or Arizona real estate rental in no time. With Arizona rental locations all across the valley your convenience is our top priority. We also service Tempe Chandler Buckeye Queen Creek Gilbert Peoria Mesa Surprise and more throughout the metro Phoenix area.