Millennium Residence

32 Vaskapu Street, Budapest 1097

Expected technical
delivery

Floor area

- m²

Apartment’s Energy
Classification

Number of apartments

Free apartments

Location

A district is born

Revitalised and rapidly developing area of Budapest

Millennium Residence is located in the developing area found at the intersection of Haller Street, Mester Street and the Könyves Kálmán Boulevard. This section of the city is being completely transformed in an urban renewal project similar to that of the Corvin Quarter, providing local residents with a modern urban environment and a new range of services. This new property development will enhance the area around the iconic gate, statues and protected buildings of Közvágóhíd, creating a stylish new location in Pest which combines the area’s historical traditions with modern features.

Stylish building, a range of apartments

The Millennium Residence residential building has a stylish, minimalist façade. The nine-storey building contains 306 modern smart homes, ranging from studio to five-room apartments, with penthouse apartments on the top floor. All of the apartments have either a balcony or garden access, while the two-storey underground garage provides secure parking for residents.

Residential park and region

Project status

The projects have received its permanent occupancy permit, and the transfers of the properties to their owners have started. The technical handover to residents and the foundation of the condominium are underway.

Superb location, easily accessible

Millennium Residence by Cordia is located on Pápay István Street in the 9th district, a quiet side street just off Soroksári Road. The Haller Street stop for tram No. 2, the 23, 54 and the stop for the 55 buses and the 918, 923, 979 and 979A night buses are just a three-minute walk away, while the Boráros Square 4/6 tram stop and the M3 Klinikák and Nagyvárad Square metro stops are all just a 10-15-minute walk away.

A wide range of leisure activities in the neighbourhood

Residents of Millennium Residence can take advantage of an extensive range of leisure opportunities in the local area. Lovers of concerts and plays can enjoy the variety of programmes on offer at Müpa Budapest, the Ludwig Museum, the National Theatre and Budapest Park. The Dandár Thermal Baths are just two streets away, while the Danube riverside Gizella promenade, complete with cycle lane, is easily accessible from the building. The Kopaszi Dam park is also within reach.

Valuable and secure investment, offices and universities nearby

Its superb location makes this residential building an exceptional long-term investment opportunity. The presence of offices and universities in the area mean make it easy to find tenants: there are a number of office buildings on Soroksári Road (including Vodafone Hungary, Morgan Stanley and K&H), while Semmelweis University and ELTE University are just a short walk away.

Ceiling cooling and heating

The cooling and heating of the Millennium Residence apartments is provided by heating and cooling panels in the ceiling, with a heat pump also located in the closed ceiling area. The system uses renewable energy and, thanks to the large, radiant heat-emitting technology from the ceiling, provides both cooling and heating functions that increase the level of thermal comfort in the apartments. Unlike previous cooling and heating systems directed to one area, no colder or warmer points develop in the apartment due to the even dissipation of heat. There will be no radiators or air conditioners installed in the rooms. This means that the rooms can be furnished more easily and the facade of the house will not be burdened by external air conditioners. The thermostat is controlled through a smart home system, installed in every home. With this smart system, you can even calibrate the desired temperature of your home remotely via your mobile phone.