Hungary - Andrassy Palace Ref:IPPHUN009

A 19th Century Masterpiece

This incomparable and superbly appointed building, loctated on Budapest's Andrassy Boulevard comprises 64 luxerious apartments. Built for the Austro-Hungarian aristocracy in 1884 by Hungarian craftsmen, Andrassy Palace Gardens occupies two buildings in a four building palace that encircles the elegant Kodaly Circle.

These incredible residences, renovated to the higest quality standards can only be compared to the classical residences of the 16th Arrondisement in Paris or the Ringstrasse in Vienna. It is extremely rare that homes are released to the market in this spectacular location. Andrassy Boulevard is Budapest's principle thoroughfare and embassy belt, the celebrated two mile avenue has earned an even greater accolade when UNESCO proclaimed it a World Heritage Site.

A Truly Unique Location

Andrassy Palace is located on a beautifull square on Andrassy Boulevard, close to the hustle and bustle of the city yet shelterd by the trees and statues of the Kodaly Circle. The development is lwithin walking distance of all the principle monuments of Budapest including the truly impressive Heroe's Square, the Ballet Institute, The Opera House, the Gundel Restaurant, and the City Park. There is not a more prestigious location in the whole of Budapest.

History of the Building

The impressive, eclectically styled palaces reminiscent of Tuscan architecture surround Koday Circle, forming a complete circle. The palace was built and designed by Josef Kausner, one of the most respected architects of the Austro-Hungarian empire, who was also heavily involved in the building of St. Stephan's Basilica and the Opera House.

These exquititely designed architectural and historical monuments are the most imposing landmark properties on the entire avenue.

Passers-by and residents alike have long enjoyed the harmonies of the composer Kodaly. The composer used to live in one of the four buildings, which now houses the Kodaly Museum. The circle is decorated with gracious statues of figures from Hungarian history.

Concierge Services

Careful reconstruction will restore the eclectic and romantic atmosphere that these properties radiated when they were originally built in 1884. High quality interior design will be completed by reputable architects at the developer's cost to meet the most luxerious and demanding requirements while maintaining 19th century grandeur.

An independent club equipped with a dining area, a sauna, a fitness room, a private wine cellar in the basement and many other facilities exclusively available to residents.

A special feature of this unique project will be the large sun terrace and garden on the roof, providing a spectacular panorama of the city. Both buildings will have 24 hour reception with security and concierge services.

The apartments benefit from stunning layouts which maximise comfort for the inhabitant. The duplex apartments are especially interesting.

In sum the inhabitant will benefit from an extremely comfortable apartment with the highest qualities & services, in a most spectacular and historic building and in the most prestigious corner of Budapest.

A Once in a Lifetime Opportunity

This is a truly special opportunity to own a slice of history in the most prestigious location in the whole of Budapest. The prices are extremely reasonable considering the calibre of this project. And now investors are able to benefit from a new payment schedule: buyers now only have to put down 30% of the total price with the balace due on completion.