Invest in FreshCity Apartments!
Predictable returns, minimized investor risk, built with the latest construction technologies.
Number of Properties
22 units
Construction completion
March 2024
Number of Rooms
1-3 rooms
Floor Area
40-99 m2
The apartments under construction at FreshCity meet the 3+1 criteria for an attractive investment:
1. The apartment should be easy to sell and marketable.
Owning an apartment in Budapest’s Corvin Quarter is almost a privilege. The area’s reputation alone guarantees marketability, giving you the potential to attract competitive offers for your property.
2. The apartment should be located in one of the city’s fastest-growing, revitalized districts.
The Corvin Quarter has become one of the largest and most recognized real estate development success stories in Europe.
It ranks among the most livable, innovative, and modern districts in European comparisons and has received multiple prestigious real estate development awards.
3. The apartment’s return should be predictable!
Even the economic impact of COVID-19 could not halt the price growth of properties in this district.
With increasing vaccination coverage across Europe, the economy is poised for recovery.
+1. Minimize construction risks.
The historically significant building is carefully renovated using high-quality materials.
The new apartments are built under the supervision of an experienced general contractor, adhering strictly to technical and quality standards.
A videó tájékoztató jellegű.
STANDARD Comfort Features
Underfloor heating and ceiling cooling/heating
Thermostat-controlled temperature regulation
Custom heat meters
Custom cold and hot water meters
Custom electricity meters
Interior doors: post-installed laminated structures with metal fittings and wall coverings
Entrance doors with multi-point security locks, aesthetic design, compliant with fire safety and insurance requirements
Cable TV connection
Telephone connection
Internet connection
Intercom system
Electric wiring for blinds in all openings (blinds not included)
Hungarian Real Estate Market Overview
2016–2019: Dynamic Growth
The Budapest new-build apartment market has shown dynamic but cyclical growth. Between 2016 and 2019, favorable conditions such as the reduced 5% VAT, CSOK subsidies, and low-interest loans generated strong demand, which continued into the 2020s. Although the pandemic caused a temporary slowdown, demand quickly recovered, particularly for premium and investment properties.
2020s: Market Stability
Rising construction costs, energy efficiency requirements, and stricter regulations (e.g., near-zero energy standards) have increased prices while supply remained limited. Inner districts see strong demand for smaller investment-oriented apartments, while outer districts are dominated by larger apartments and residential complexes for families.
2023 Onwards: Price Increase
From 2023 to 2025, prices remain stably high, with average prices exceeding HUF 1.5–2 million/m² in central areas. Projects generally have longer sales cycles, but demand for modern, energy-efficient, and environmentally conscious apartments remains strong, particularly among investors and eco-aware buyers.
References
Cordia City, Budapest
Tata Resort, 29-unit residental building
Gerecse Park, 140-unit residential building, Tatabánya
CEU Central European University, Budapest
MOME University new block, Budapest
Várkert Bazár renovation and reconstruction, Budapest
USA Embassy renovation and reconstruction, Budapest
NATO Base Airport Expansion, Pápa
Baksay Sándor Református Gimnázium, Kunszentmiklós
Low Budget Züblin, München
Szent György Hospital renovation and new block, Székesfehérvár
Váci Greens office buildings
Mercedes Benz Factory, Kecskemét
Árkád 2, Budapest
Museuminsel von Sanizentra renovation, Berlin
Hungarian State Opera House stage machinery demolition planning and implementation
Developer
Práter 19 Ingatlanfejlesztő Kft.
Address: 1053 Budapest, veres Pálné utca 9.
Company Registration Number: 01-09-287868
Construction Permit Number:
Bp-05/107/01828-21/2019
General Contractor
Rising Green Kft.
Address: 1211 Budapest, Motorkerékpár utca 2-8.
MKIK license number: 11A97627
Company Registration Number: 01-09-272740
Tervező, tervezői művezető
Bártfai-Szabó Építész Iroda Kft.
Address: 2092 Budakeszi, Avar utca 46.
Responsible Architect: Bártfai-Szabó Gábor
Registry Number: É/1 13-1277
