Hungary Property Ltd appointed sole UK agent for Marina Part, Budapest’s biggest development.

The official launch of Phase IV of Marina Part - voted BestDevelopment in Budapest - became a virtual stampede in Budapest on Saturday 10th September 2005 as existing owners of earlier Autóker Holding projects were given the first opportunity to view the latest and best stage of Budapest’s finest development. River-view apartments and those overlooking the marina itself were in especially high demand. It was estimated by the end of the day that around 50% of the apartments with Danube-facing views had already been reserved. "The interest has been beyond our expectations,"said an exhausted Eszter Vadas, Assistant SalesManager of Autóker Holding Plc, Hungary’s most respected developer.

It was announced during the launch that against fierce competition, Hungary Property Ltd, based in Crawley, West Sussex, has been awarded the exclusive rights to market and sell Marina Part apartments in the UK. "It is a privilege to continue to be part of this unique project", announced Martin Padfield, Managing Director.

"With 70% mortgages now widely available, no agency or finder’s fees and a streamlined buying process, there has never been a better time to invest in Marina Part," continued Padfield.

"Autóker feels that Hungary Property is the best company to forward the investment opportunity that Marina Part offers to the UK public and we promise to honour their decision by continuing to provide UK investors the best service possible."

Reservations are now being taken. Some Danube-facing apartments are still available but are going fast. For further information, call Hungary Property on:

Tel: 0870 443 9001
E-mail: sales@hungaryproperty.net
Web: www.marinapart.co.uk

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Photo (attached) shows the president of Autóker Holding Plc, EhudAmir, (left) granting Martin Padfield, MD of Hungary Property Ltd, sole UK marketing rights for Marina Part.

Notes for the editor
Marina Part (www.marinapart.co.uk), comprising up to 3,000 residential units within a 300,000m2 area on the banks of the River Danube, promises to be one of the best and most beautiful 21st century self-contained neighbourhoods in Europe, comparable to Canary Wharf or Brighton Marina.

In 2004, it was crowned ‘Best Residental Project in Hungary’ for that year by the readers of Resource Magazine and in the spring of 2006, it will be featured in the Channel 4 programme, "A Placein the Sun". It is located in Budapest’s District 13 along a previously undeveloped stretch of land around a natural lagoon in one of the most scenic and virginal areas of Budapest. As well as fabulous views of the Danube and the Buda Hills, it will offer gardens, promenades, its own shops, leisure and sports facilities (including a large swimming pool), restaurants and cafes – all within easy reach of the city centre. The apartments range from 40-140m2 and all have balconies and most have a river view. Priced from only £54,000, an apartment there represents an ideal buy-to-let investment opportunity and a beautiful place to live.

The development is being constructed by one of the largest investors and developers in Budapest, Autóker Holding Plc (www.autoker.hu).

Hungary Property Ltd (www.hungaryproperty.net) provides a complete service for residential property investors. The company is a partnership of property experts from the UK and Hungary with over 30 years experience of the real-estate market in Budapest. The company’s objectives are to source and secure investment opportunities in the most exciting and financially rewarding new build developments, whilst making investment easier and minimising capital risk.