Metro 4 and the property market in Budapest

Metro 4 is a long-standing dream of Budapest that will soon come true. The vision for the metro four is to be a comfortable and enjoyable way to travel. The trians will include the latest in modern technology, they will be automated and include air-conditioning. These contemporary trains will be time efficient running every one and a half minutes, maintaining the cities impressive transportation system.

The plan is also to improve the stations by making the new stations modern and airy. These new stations will allow passengers to wait for the new metro trains on uniquely built platforms. The investment will facilitate the reconstruction of the surroundings of every station, the new metro line will change the life of Budapest. The Metro4 will result in less polluted air and reduced traffic on the surface, and a faster, more silent and safer transportation underground. Metro line 4 is also known as Dél-Buda - Rákospalota. Metro line 4 in Budapest will be an attractive and safe transport means for the travelling public. Thanks to the services enabled by metro facilities and installations it will be suitable for fulfilling the assigned transport duties.

10 stations will be constructed on the first section of Metro 4, mostly by diaphragm wall technology and box station design.

What will this mean for Property? 

The current tendency shows larger demand for rental properties in the Pest side among single expatriates, and foreign couples. Living in the City Centre means a comfortable life, with easy access to the transport junctions, work place, pace of the City, restaurant, shops, leisure facilities. Thanks to the new metro line, the Centre will also have easy, fast and convenient access also from the direction of Móricz Zsigmond Square in the Buda Side.

The Route of Metro 4  comprises 5 stops in the Buda side, causing an increase in the property prices in the certain areas. Tenants who so far has not been willing to move to the Buda Side due to the lack of the good public transport, will likely to establish their lives in Budapest on the other side of the Danube, only a few stops away from District 5. Foreign property investors who prefer the traditional City Centre (District 5 and 6), might will develop more options for the possibility to buy a classical apartment in the Buda Side (say District 11), yet close to the Centre. The difference between the prices and annual compound yields of a classical property in the City Centre and in the Inner Buda area along the new metro line, is expected to decrease.

 
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