Residence 1 (IX District)

Superb location, easily accessible

Valuable and secure investment, offices and universities nearby
Its superb location makes this residential building an exceptional long-term investment opportunity. The presence of offices and universities in the area mean make it easy to find tenants: there are a number of office buildings on Soroksári Road (including Vodafone Hungary, Morgan Stanley and K&H), while Semmelweis University and ELTE University are just a short walk away.

A wide range of leisure activities in the neighbourhood

Residents can take advantage of an extensive range of leisure opportunities in the local area. Lovers of concerts and plays can enjoy the variety of programmes on offer at Müpa Budapest, the Ludwig Museum, the National Theatre and Budapest Park. The Dandár Thermal Baths are just two streets away, while the Danube riverside Gizella promenade, complete with cycle lane, is easily accessible from the building. The Kopaszi Dam park is also within reach.

Ceiling cooling and heating

The cooling and heating of the Millennium Residence apartments is provided by heating and cooling panels in the ceiling, with a heat pump also located in the closed ceiling area. The system uses renewable energy and, thanks to the large, radiant heat-emitting technology from the ceiling, provides both cooling and heating functions that increase the level of thermal comfort in the apartments. Unlike previous cooling and heating systems directed to one area, no colder or warmer points develop in the apartment due to the even dissipation of heat. There will be no radiators or air conditioners installed in the rooms. This means that the rooms can be furnished more easily and the facade of the house will not be burdened by external air conditioners. The thermostat is controlled through a smart home system, installed in every home. With this smart system, you can even calibrate the desired temperature of your home remotely via your mobile phone.

Residence is located in the developing area. This section of the city is being completely transformed in an urban renewal project similar to that of the Corvin Quarter, providing local residents with a modern urban environment and a new range of services. This new property development will enhance the area around the iconic gate, statues and protected buildings of Közvágóhíd, creating a stylish new location in Pest which combines the area’s historical traditions with modern features.

Expected technical delivery - 2023. 4th quarter