Developed in Barázda utca (bordered by Szerémi út and Budafoki út) in Budapest’s 11th district, Újbuda Residence is a 264-apartment complex with an additional 144 dorm units. Residences will range in size from 27 to 70 sqm, and all purchases qualify for a 5% VAT refund. Top-floor apartments offer great panoramic views of Gellért Hill. The buildings will be connected by a spacious, landscaped park with lush vegetation.