Great news: New residential area announced in Budapest

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The construction of a new residential area in Budapest has been announced. A total of 665 apartments are planned to be built on the site of an abandoned woodlot in the Hungarian capital.

On the border of Szemeretelep and Miklóstelep, a new residential area is being built on a former woodlot in District XVIII of Budapest. The Alfa Group will build two- and three-storey terraced houses and condominiums in three phases, with a total of 665 apartments, Magyar Építők reports.

New residential area to be built in Budapest

Pünkösdfürdő Park budapest
Illustration: Pünkösdfürdő Park. Source: Facebook/Karácsony Gergely

The company has promised to build the new residential complex in harmony with the existing family houses, behind them, together with commercial, service and leisure green spaces. According to the developer, the area, which will be accessible from Krasznahorka Street, Szent László Street and, later, from Érsekújvár Street, will be divided into playgrounds, green areas and community gardens.

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