BudaPart: the neighbourhood expands by a new building with 185 apartments


Property Market Kft. is launching the development of another residential building in the neighbourhood built next to the Kopaszi Dam. The BudaPart Homes ‘F’ will be completed in the fourth phase of the ten-year investment. Built with innovative architectural and construction technology solutions, the residential building offers modern homes over eight floors.

The new 185-apartment building is located between the central park of BudaPart and the shopping street, so just outside the front door, the rare combination of the two-hectare park’s natural harmony and, on the other hand, the urban atmosphere offers an unique backdrop to the residential building. Each of the customizable, turnkey apartments providing new generation and environmentally friendly solutions features a terrace or loggia, and is sold complete with a fully equipped kitchen, ceiling heating and cooling, motion detector and a smart home system.

Buyers favour the neighbourhood due to its location in a green area, a wealth of recreational opportunities, a complex mix of services and the lasting value of the properties. The government’s economic stimulus measures are significantly helping home buyers, too, and families with children can expect additional allowances, thus those seeking a new apartment will now find favourable terms when picking the home that best suits their needs.

One of the special features of the neighbourhood under construction by Market Építő Zrt., is that each building is designed by a different architect, so each house bears an unique architectural design. In addition to the two towers, the BudaPart Homes ‘F’ building, designed by A4 Studio, is characterized by its special architecture and use of materials, and the mindful layout of the building also provides optimal sun exposure for the apartments.

BudaPart homes are more than just high-quality, modern apartments. In the XI. district, next to the Danube, a completely new neighbourhood is being built, with practically all services and recreation opportunities available in one place, within a few minutes walk, at the most. The Kopaszi Dam, belonging to BudaPart is already home to several restaurants and bistros, and further venues like new restaurants, a supermarket, a bakery, cafés, a greengrocer’s, a pharmacy, a kindergarten, a banking service and a fitness center are constantly added along. In addition to these shops and service providers, the beach will be operational by the time the building is completed, the central park will be accomplished and recreational opportunities will also grow in number. The new building will also house the neighbourhood's first pediatric and adult GP medical practice.

“The recent period has presented challenges all over the world, but even in this situation, we have worked tirelessly to prepare our new premium products. Our goal is to create a real community in the neighbourhood and a new sub-centre within Budapest, bringing along the hustle and bustle of the city center whilst embracing the harmony of nature. Hundreds of people are already experiencing the BudaPart lifestyle on a daily basis, and the construction of BudaPart Homes 'F' residential building will soon kick off, allowing even more people to be part of this unique experience” - said Dr. Mihály Schrancz, Managing Director of Property Market.

“BudaPart is coming to life in front of our very eyes: we have already sold close to 750 apartments within the project and handed over more than 600 apartments to their owners, so the community and the real neighbourhood atmosphere is gaining ground as we speak. The project has now reached another milestone, so the BudaPart experience can now be enjoyed by even more people, and we hope that the re-introduction of the discounted housing VAT will further boost the interest in our new residential building” - said Ákos Kiss, Property Market’s Director of Residential Sales.

The ‘F’ building is the sixth residential building in the neighbourhood, to be implemented as part of phase 4 of the investment. A total of 15 residential buildings, 13 office buildings and a hotel will be developed on the 54-hectare area.