Hungarians achieve another world success! – PHOTOS & VIDEO

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For the first time in three decades, a Hungarian neighbourhood development has won an award at the world’s most prestigious real estate development competition, the FIABCI. Follow this article for more information!

Oh Thursday in Paris, the FIABCI World Prix d’Excellence International Real Estate Development Excellence Award for the best neighbourhood development. The recognition is largely due to the 15-minute city concept, unique in Hungary, which shifts the focus of transport from cars to walking and cycling, says Ripost.

BudaPart will feature smart solutions in residential buildings, with integrated smart home systems, ceiling heating and cooling, smart sockets and remote-controlled thermostats reflecting the sustainable approach.

It is a model for a people-centred, sustainable and liveable transformation of cities.

Hungarian BudaPart project

BudaPart Development 4
Source: BudaPart.hu

Property Market’s project is the first Hungarian neighbourhood development to win an award in the three-decade history of the world’s most prestigious real estate development competition. The FIABCI jury, the Oscars of real estate, gave high marks to BudaPart’s response to environmental challenges and eco-sustainability. This includes the new development, launching later this year.

Mihály Schrancz, Managing Director of Property Market Ltd. comments on the new elements of the project.

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