Music Academy Apartments in Budapest's 7th district, located in a downtown area yet on a quiet side street at 59a Hársfa Street. The building is close to Andrássy Avenue and Oktogon, near the recently renovated Hunyadi Square and the Music Academy.
Built in 1890, the German quality, completely renovated classic building houses a total of 14 existing apartments. During the expansion of the building, 14 new apartments will be created. The building restoration and modernization will result in the entire building being renewed and rated as a passive house (A++), featuring low energy consumption modern apartments, mostly with terraces and roof terraces, equipped with air conditioning to meet all needs.
Combining classic architectural style with modern technology, the building utilizes geothermal heat pumps for cooling/heating, implements a smart home system, and offers architect-designed apartments ready to be handed over in a few months.
The ground floor + 2-story building blends in with the downtown environment with its classic appearance. New owners will receive a free parking permit and have the option to rent a dedicated parking space at a reduced rate in the nearby Corinthia***** Hotel's underground garage (65,000 HUF/month), a prime location in the city center. Additionally, there is a wellness center with a pool, gym, and sauna on-site.
During the comprehensive renovation of the listed building, the latest technology is being integrated in compliance with current technical standards.
The remaining 30-103 m² high-ceilinged homes are suitable for rental (AirBNB or for nearby university students). The penthouse-style 3rd-floor homes come with spacious 17-30 m² balconies or roof terraces for relaxation, coffee breaks, or entertaining friends in the peaceful surroundings. Larger apartments over 80 m² can be used as 3 separate units if desired.
The basement level features closed storage for bicycles, electric scooters, strollers, and individual lockers for each apartment.
The well-maintained communal garden with an automatic irrigation system enhances the living environment, while palm trees add a touch of luxury.
The building offers modern technical features, ceiling cooling/heating with heat pumps, triple-glazed windows, and facade insulation to ensure cost-effective use and value retention of the apartments.
The extensive 30-year experience and solid background of professional developers guarantee the high quality and timely completion of the project.
Construction has begun, and the apartments can be occupied from December 15. The development is entirely self-funded, without bank loans, ensuring the project is completed as planned in terms of schedule and quality within a few months. Quality assurance is maintained through ongoing on-site management and technical supervision representing the buyers.
Visit us in person at the project manager's office on the 1st floor (weekdays: 07:00-19:00).
For detailed information about the apartments, visit the residential project's website!
For any inquiries, call us at +36 30 558 7297 or email us the desired apartment number or size, and we will send you a comprehensive information package:
[email protected]
Planned completion: 2026.12.15
Number of apartments: 10
Floor area: 31-103 m²
Price: 57-179 million HUF