Final phase of LIVING’s Kassák project kicks off


LIVING is launching the third, and final, phase of the Kassák project: Kassák Terrace, consisting of 246 apartments in District XIII, according to a press release sent to the Budapest Business Journal.

Located at the intersection of Klapka utca and Kassák Lajos utca, the residential project offers future homeowners both community services and smart solutions. Kassák Terrace offers practical studio apartments as well as large five-room penthouse units with panorama views.

All homes boast efficient layouts and allow plenty of natural light to enter, and may be purchased with a VAT rate of just 5% The project is scheduled for completion in the first half of 2025.

The project's location ensures easy access to a broad range of services in the vicinity, while downtown Budapest is also within comfortable distance by car and public transport too. Margaret Island, the Danube, and the City Park, currently undergoing renewal, are just a short walk away and may be reached via the bicycle paths serving the neighborhood.

In addition, Kassák Terrace is favorably rated in terms of energy efficiency. The residential park will be built with heat pumps, as well as surface heating and cooling solutions. The completion of Kassák Terrace will complete the 9,000 sqm interior park of the Kassák project, which will contribute to the expansion of green space in the area.

Kassák Terrace will also offer community solutions: the community living room will serve not only as a place for relaxation but will also offer a co-working workspace, including business corner services. Other services available include a library, a cleaning service, a toolshed, car-sharing services, and a 24/7 parcel delivery point. As part of the services offered by LIVING’s provider, LIVING Service, professional assistance is available for, among others, the rental or technical delivery of the apartments, whether the property was purchased for residential use or as an investment.

The project also offers smart apartments. The Smart LIVING package offers services such as a central unit, smart sockets, free WiFi service, and heating control, all included in the basic Smart Home plan offered at no cost. The optional Smart+ package, available for an extra charge, includes additional amenities.

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