A third of the apartments have been sold

The apartments in the Madarász38 project are selling fast, the building will be just as popular as its neighbors, Babér utca 13-15, handed over recently, and the Berettyó utca 2-8. Hightened customer interest is unquestionably attributable, besides the specificities of the building and the apartments of course, to a proposed bill that, once passed, will provide for a 5% VAT content for all the apartments in this building.

At Metrodom, the VAT remains 5%



The Parliament has amended the VAT legislation. Under the stipulations of the amended law, the VAT rate applicable to every Metrodom construction currently in progress is 5%, irrespective of the date of completion. Consequently, 5% VAT is levied on apartments to be completed and paid for in 2020, such as the ones in Madarász38 or phases L-M of City Home, sales of which shall commence in the coming weeks.

Constructions have begun
Madarász38 prices on the website
City Home: Phase L and M to start
Construction starts

Construction starts

The building permit for the implementation of our Szobor utca project has been received from district authorities, it can be downloaded from here. At the same time, equipment and facilities required to start construction have also been deployed on the building site and ground works will already begin next week. Sales of apartments is expected to commence at the end of the month, we appreciate your patience until then

Fall 2018 novelties from Metrodom



Following the statement made by the Hungarian Minister of Finance on restoring the 27 percent VAT levied on new-build property as of January 1, 2020, we received numerous enquiries regarding new projects to be launched in the near future so that customers can still make preferential VAT purchases. Although the projects launched in Fall this year will only be handed over during 2020, price installments (or the whole purchase price if the customer so decides) paid before the end of next year will only be encumbered with the favorable, 5 percent VAT. The respective locations and features of our new projects commencing Fall this year are outlined below.