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The Corvin Promenade is the largest urban rehabilitation projects in the Central European region and has won numerous international awards. Across 22 hectares, the development contains more than 3,000 high quality, modern, newly built homes, 100,000 m2 of office space and 50,000 m2 of commercial property. Most of the residential buildings have a landscaped interior garden, while the apartments are made even more attractive by their spacious balconies and terraces.
The comfort of the residents is catered for by a carefully designed, comprehensive service environment, featuring restaurants, cafes, supermarkets, clothes stores, a gym and swimming pool, cinema and theatre. From the Corvin Promenade, Ferenc Liszt International Airport, the Danube riverside, the biggest Budapest parks, several major transport hubs and a number of universities can all be reached in under 15 minutes.
With a truly unique, unique and vibrant atmosphere, a constantly evolving, prestigious and secure neighbourhood, it is hard to believe that the Corvin Promenade has been built in an area that, barely a decade and a half ago, was characterised by poor quality, a low level of convenience and dilapidated housing, with the entire neighbourhood considered a disreputable and anonymous quarter.
Nowadays, the opposite is true: it is considered one of the most popular locations for people seeking newly built apartments and for sale properties. There is no better proof of this fact than that the per metre property price in the Corvin Promenade has grown at more than twice the average rate in the city as a whole. New and innovative homes here can be rented at significantly higher rents than the surrounding properties, yielding up to 5-7 % gross rental income.
The close proximity of Corvin Plaza, the excellent transport links (metro M3, tram 4-6) and the numerous office buildings and higher education institutions nearby ensure that the apartments are easy to rent out and provide a high return on investment , while it is also easy and fast to find a buyer if you are looking to sell the property.
