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Home Countries Hungary

Living Announces Completion of Kassak Terrace in Budapest

David Stuckey by David Stuckey
October 16, 2024
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Living Announces Completion of Kassak Terrace in Budapest
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Living, the residential property development business of WING, has announced the completion of Budapest’s Kassak Terrace, the third phase of the company’s Kassak Project.

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According to Living, Kassak Terrace received its final use permit ahead of schedule. Located in District 13 in the Hungarian capital, the residential park has 246 apartments with an A+ energy rating and what Living describes as “cutting edge energy solutions for cost-effectiveness.” Sales of the apartments are underway.

Kassak Terrace offers both studio apartments and large six-room penthouse units with panoramic views. A total of 21 homes in the project have direct garden access. The underground parking garage of the residential development has 259 parking spaces, including 190 with electric chargers.

‘We are happy to announce that the Kassak Terrace residential park, a Living development, has received its final use permit ahead of schedule,” said Tibor Tatar, Deputy CEO of WING’s residential and office development businesses in Hungary. “At Living, it is our priority with all residential projects to develop properties that meet all the needs and expectations of the residents. This was true for Kassak Terrace as well: with the handover of the residential park, the Kassak Project is now complete. This is a major milestone for Living, as we have built 250 additional high-quality apartments with a focus on environmental considerations. We continue to work towards our goals. The feedback we get from the market and the pace of sales show that Living’s approach and sustainable apartments with quality services continue to be in high demand.”

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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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