5% VAT Refund – Metrodom River IV. Granted Brownfield Classification

2025. January 22. Wednesday

Metrodom River IV. has been declared a brownfield action area, allowing new owners to reclaim the 5% VAT content of their purchased apartments here.

Thanks to the brownfield classification of Metrodom River IV., new owners can reclaim the 5% VAT on their purchased apartments through the Hungarian State Treasury.*
Metrodom River is one of the most exciting developments in Újbuda, a dynamically evolving and gradually renewing part of the city. The 3-hectare site of the residential park will house a total of 712 smart homes built in multiple phases. The vehicle-free, landscaped property extends all the way to the Danube riverside promenade, where the residential park’s own community boathouse will be located. Residents will enjoy a range of communal facilities and services, from a gym and sauna to a shared living room and a baby playroom.
Metrodom River is being built for people who want to stay close to nature even in the city, while also enjoying all the benefits and opportunities of urban living. Construction of Phase IV of the development has already started, with the handover expected in the spring of 2027.

*According to the conditions set forth in Government Decree 444/2021 (VII. 23) on the VAT refund support for apartments established in residential properties located in brownfield action areas, for eligible applicants defined therein.