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Cordia launches €1 billion resi project in Budapest

24/04/2024

Cordia launches €1 billion resi project in Budapest

24/04/2024

Futureal Group’s subsidiary, Cordia Zrt. has kicked off its new mega project called Marina City, aiming to build 2,500 apartments, recreational facilities and several amenities on a former industrial site at the river Danube.

The HUF 400 billion (€1 billion) project is a landmark development in the northern part of the Hungarian capital.

Unlike many such residential developments in Hungary Marina City will offer a much bigger distance between each residential tower. Today in Hungary 25-30 meters is a commonly used distance and Cordia decided to have 35-50 meters allowing really large space between the buildings. No cars will be allowed to enter the surface of Marina City, an underground parking facility will allow to keep them completely off the ground. 

Read the full article at Property-Forum.eu, here.