News Article Budapest development Hungary Living residential Wing
by Property Forum | Residential

Wing’s residential development brand Living is launching the third, and final, phase of Kassák Terrace project, located in District 13 of Budapest. The residential project offers future homeowners community services and smart solutions. Kassák Terrace is scheduled for completion in the first half of 2025.

As part of the third and final phase of Living’s Kassák project, the residential development Kassák Terrace will see the construction of 246 apartments in District 13, at the intersection of Klapka utca and Kassák Lajos utca, a short walk from Váci út.

Kassák Terrace offers practical studio apartments as well as large five-room penthouse units with panorama views. All homes boast efficient layouts and allow plenty of natural light to enter, and may be purchased with a VAT rate of 5 percent. The project is scheduled for completion in the first half of 2025.

As Living demands for all of its projects, Kassák Terrace is favourably rated in terms of energy efficiency. The residential park will be built with heat pumps, as well as surface heating and cooling solutions. The completion of Kassák Terrace will complete the 9000 sqm interior park of the Kassák project, which will contribute to the expansion of green space in the area.

In keeping with Living’s developments, Kassák Terrace will offer community solutions: the community living room will serve not only as a place for relaxation, but will also offer a co-working workspace, including business corner services. Other services available include a library, a cleaning service, a toolshed, car-sharing services and a 24/7 parcel delivery point. As part of the services offered by Living’s provider, Living Service, professional assistance is available for, among others, the rental or technical delivery of the apartments, whether the property was purchased for residential use or as an investment.