District Vi, Budapest, Hungary

New Luxury Penthouse Residences on Andrássy Avenue

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UNESCO World Heritage Address. Complete Building Restoration. Exceptional Long-Term Value. A rare opportunity to acquire one of only three newly built luxury residences within a comprehensively restored historic building on Andrássy Avenue, Budapest's most prestigious boulevard and a UNESCO World Heritage Site.

Located at Andrássy út, between Oktogon, Liszt Ferenc Square, and the Hungarian State Opera House, the project combines timeless architecture with modern engineering, energy-efficient technologies, and premium urban living.

This project is accompanied by the complete renovation and modernization of the entire building, significantly enhancing the long-term value of every residence. The project is 95% completed, with mainly furnishing and final interior detailing left to be completed.

--- Prime Location - Andrássy Avenue ---

Andrássy Avenue is widely regarded as Budapest's most prestigious residential boulevard and one of Central Europe's most iconic historic addresses.

The property is ideally positioned between Oktogon, Liszt Ferenc Square, the Franz Liszt Academy of Music, and the Hungarian State Opera House, placing residents in the very heart of Budapest's cultural, diplomatic, and business districts.

Within walking distance:
- Hungarian State Opera House
- Franz Liszt Academy of Music
- Liszt Ferenc Square
- Oktogon
- House of Terror Museum
- New York Café
- City Park (Városliget)
- Luxury boutiques, fine dining restaurants, cafés, and cultural institutions

Excellent public transportation:
- M1 Millennium Metro (UNESCO World Heritage)
- Tram 4-6
- Multiple trolleybus and bus routes

The area consistently attracts diplomats, executives, entrepreneurs, expatriates, relocation buyers, and international investors seeking a prestigious city-center lifestyle.

--- Complete Building Transformation ---

As part of the development, the entire building is undergoing a comprehensive restoration under heritage supervision.

Works include:
- Full restoration of street and courtyard façades
- Reconstruction of historic decorative elements and stone ornaments
- Restoration of balconies, balustrades, cornices, and window frames
- Historic color restoration based on monument research
- Complete renovation of the entrance hall
- Restoration of staircases and common areas
- Repair and polishing of original stone and mosaic flooring
- Restoration of cast-iron and wrought-iron railings
- New glass elevator installed within the staircase
- Complete courtyard renewal with natural stone paving
- Restoration of the historic courtyard fountain
- Modernization of common infrastructure and utility systems

Upon completion, residents will enjoy the elegance of a restored heritage building combined with the comfort of a modern residential development.

--- Modern Construction & Technical Standards ---

The newly built residences are constructed using contemporary engineering solutions designed for long-term durability, energy efficiency, and comfort.

Key features include:
- New steel roof structure
- Pre-patinated standing-seam zinc roof
- Reinforced concrete and steel structural floor systems
- 30 cm mineral wool roof insulation
- Graphite EPS external thermal insulation
- Triple-glazed custom steel-framed windows and balcony doors
- Excellent thermal and acoustic performance
- Daikin Altherma air-to-water heat pump system
- Central heat-exchange technology
- No gas appliances
- Modern waterproofing and vapor-control systems
- Motion-sensor alarm systems connected to a central security service

--- Residence I ---
62.67 m² Interior Area + 9.50 m² Terrace

Price: 336,000,000 HUF

Layout:
- Living room
- Bedroom
- Kitchen with dining area
- Bathroom
- Separate WC
- Utility room
- Hallway
- Terrace
- Functional and efficient layout
- Ideal city residence, pied-à-terre, or investment property

--- Residence II ---
96.76 m² Interior Area + Terrace

Price: 682,500,000 HUF

Layout:
- Large living room
- Separate Dining room
- Separate kitchen
- 2 bedrooms
- Bathroom
- Separate WC
- Utility room
- Pantry
- Entrance hall and corridor
- Terrace
- Excellent family or executive layout
- Rare newly built residence on Andrássy Avenue

--- Residence III ---
138.66 m² Interior Area + Terrace

Price: 798,000,000 HUF

Layout:
- Living room
- Dining room
- Separate kitchen
- 3 bedrooms
- 2 bathrooms
- Walk-in wardrobe
- Pantry
- Entrance hall and corridor
-Terrace

One of the most exclusive newly built residences currently available on Andrássy Avenue.

--- Why It Is a Strong Investment ---

- UNESCO World Heritage location on Budapest's most prestigious boulevard
- Only three newly built residences available
- Fully restored historic building with new elevator
- Modern construction standards and energy-efficient technology
- Strong international buyer and tenant demand
- Exceptional scarcity value and long-term appreciation potential

For international investors, the greatest value lies not only in the residences themselves but in ownership within a fully renewed historic building on one of Budapest's most prestigious streets.

The combination of a UNESCO-protected address, complete building restoration, new elevator, upgraded infrastructure, private terraces, energy-efficient technologies, and carefully preserved architectural character creates a compelling long-term investment opportunity in the heart of Budapest.

A rare opportunity to own one of only three newly built luxury residences within a comprehensively restored heritage building on Budapest's most iconic boulevard.

For further details or a private consultation, please don't hesitate to contact us.

William McKenna Consultants - Budapest
Christofer Pecoraro
+36 30 472 3319