LIVING’s project in Budapest’s 3rd district, Római Park, received brownfield status in spring 2026. The primary aim of the regulation is to rehabilitate previously unused areas and integrate them into the modern urban fabric. For future homeowners, this status represents direct savings amounting to several million forints, as private individuals purchasing newly built properties in designated brownfield zones are entitled to reclaim the 5% VAT.

“At LIVING, our mission is sustainable urban development and long-term value creation. The brownfield classification of Római Park is recognition of the successful environmental renewal of the area, while also offering an exceptional financial opportunity for our buyers. In the current market environment, the 5% VAT refund provides meaningful support for homebuyers and, combined with the project’s outstanding technical specifications and location, makes it one of the most future-proof investment opportunities on the market,” said Tibor Tatár, Deputy CEO responsible for office and residential developments at WING Zrt.

Római Park is being developed on Pünkösdfürdő Street in Budapest’s 3rd district, just a five-minute walk from the Danube. The area boasts exceptional infrastructure, with educational institutions, the recently renovated Pünkösdfürdő Park, and the popular beach nearby. The location is also ideal for active lifestyles, thanks to the extensive cycling network in the vicinity, including the route running along Kossuth Lajos üdülőpart and the Danube-side bicycle path connecting downtown Buda with Szentendre. Downtown Budapest and major transport hubs are easily accessible: the Békásmegyer station of the H5 suburban railway is within walking distance, while the stop for bus line 34 is located directly next to the development.

The 257-apartment Római Park is one of LIVING’s most environmentally conscious developments, characterized by above-average technical standards and highly economical operation. Annual heating and cooling costs are lower compared to traditional apartments, thanks to the fully renewable-energy-based heat pump system and draft-free ceiling heating and cooling panels ensuring optimal thermal comfort. Outstanding energy efficiency is further enhanced by triple-glazed sound- and heat-insulating windows, guaranteeing low utility costs for residents.

In line with LIVING standards, the residential complex will offer a rich package of community services, including an office corner supporting flexible working, a communal lounge, a practical tool shed, and a premium car-sharing service promoting sustainable mobility. Residents’ convenience will also be enhanced by a 24/7 parcel collection point and a garden barbecue area, while relaxation and recreation will be supported by a yoga terrace and a barefoot walking trail. Modern lifestyles are further complemented by state-of-the-art smart home solutions: homeowners can choose from three basic packages included in the purchase price, all manageable through LIVING’s proprietary mobile application, enabling easy control of devices and access to services.

Residents’ everyday lives will also be supported by the professional team of LIVING Service, LIVING’s dedicated service company, offering expert assistance ranging from technical inspections and full furnishing solutions to property rental and operational management.