The state-of-the-art building of Róth Residence is located in Józsefváros (district VIII.) that is the most dynamically developing district of the city. Bacsó Béla street is in the direct neighbourhood of Palotanegyed (Palace Quarter), which was renovated in the framework of the Downtown of Europe Programme, and is located between the renewed Rákóczi square and the continuously developing Blaha Luzja square. The development and renovation of the area is a medium-term objective in Józsefváros. As the district’s commercial character is getting more vibrant and the service provision is continuously improving, it is guaranteed that buildings constructed in this area will hold their value as well as will be particularly suitable for short-term and long-term lease, thus will yield high return for their owners.