About the Developer

RAMÓNA

Real Estate Trading and Development Fund

The developer of Harmat Liget, responsible for delivering the residential project and its associated public infrastructure improvements.

The Role of the Developer

Creating Long-Term Value Through Responsible Development

The developer of Harmat Liget is the RAMÓNA Real Estate Trading and Development Fund.

The Fund commenced operations on 8 April 2021 as a privately placed, closed-end investment fund. CARION Befektetési Alapkezelő Zrt. manages and represents the RAMÓNA Fund. The Fund invests in real estate for trading and development purposes, primarily in Hungary and, where suitable investment opportunities arise, in selected overseas markets.

The Fund acquired the properties involved in the development in November 2024. Alongside the continued development of the residential project, particular attention has been given to fulfilling the associated public development commitments. These include improvements to infrastructure and spaces intended for community use.

The Harmat Liget Development

An Independent Project with a Long-Term Vision

The development comprises two condominium complexes across seven residential blocks on two separate properties. Thanks to its exceptional location, most apartments offer expansive, unobstructed views and spacious terraces. Landscaped inner courtyards provide space for leisure and recreation. The Harmat Liget development goes beyond the construction of new residential buildings. An important part of the project is contributing to the improvement of its immediate surroundings through initiatives that make a tangible difference to everyday life in the neighbourhood. As part of this process, the urban development agreement with Újbuda Municipality was amended in August 2025. The agreement also sets out public development commitments associated with the residential project, including improvements to communal spaces and pedestrian connections. Several of these commitments had been fulfilled by autumn 2026, bringing visible improvements not only to Harmat Liget itself but also to the surrounding neighbourhood.

Previous Projects

Completed Residential Developments

The RAMÓNA Fund’s portfolio includes several completed residential developments.

Elite Park

Budapest, District XI

A residential development in Budapest providing several hundred new homes.

Balance Garden Lakópark

Budapest, District X

A modern urban residential development featuring contemporary technical solutions and thoughtfully designed living spaces.

The value of a development is reflected not only in the buildings it creates, but also in the improvements it brings to its surroundings.