For sale plot, T041861
Budapest XX. kerület, Erzsébetfalva

921,076,000 Ft

2,600,000 €

  • 2,676m²

DEVELOPMENT SITE FOR SALE IN THE HEART OF BUDAPEST’S 20TH DISTRICT – WITH POTENTIAL FOR A PROJECT OF NEARLY 100 APARTMENTS

We are offering for sale a 2,676 m² building lot with full ownership rights in one of the best development locations in Budapest’s 20th District, situated in the heart of the district near the banks of the Danube.

The area boasts excellent infrastructure, with easy access to downtown, while numerous sports, recreational, and leisure opportunities are available nearby. The location is becoming increasingly popular among both residential developers and end-users.

The property is zoned Ln-3/SZ3, which provides favorable development parameters for the construction of a condominium.

Key development parameters:

Lot area: 2,676 m²
Building type: detached
Maximum building coverage: 45%
Building coverage below ground level: 55%
Minimum green space: 35%
Floor area ratio: 2.5
Ratio applicable for parking purposes: 1.0
Maximum building height: 17 m

Based on the development parameters:

Gross floor area above ground: approx. 6,695 m²
Parking floor area: approx. 2,676 m²
Total gross building area: approx. 9,371 m²
Expected number of apartments: approx. 95 apartments

A development concept for a condominium complex with nearly 95 apartments has already been prepared for the site, which clearly illustrates the area’s potential. Although the property does not currently have a final building permit, the existing design documentation can provide a significant advantage during project preparation.

The plot is unencumbered and ready for development, and represents an extremely rare opportunity in the district to realize a residential project of this scale.

This is the ideal choice for developers, investment funds, and investors interested in residential real estate projects who are looking for a large development site in one of Budapest’s up-and-coming neighborhoods.

Please contact us for more information and to request the available documentation!

Registration Number

T041861

Property Details

Sales
for sale
Character
plot
Type of Land
Building plot
Zone
residential zone
Plot Size
2,676 m²
Orientation
South-West
View
city view
Neighborhood
good transport, central
Water
On the street
Gas
On the street
Electricity
On the street
Sewer
On the street
Distance to Waterfront
more than 500 meters

 

Slope of Land
flat
Buildability
45%
Facade Height
17
Type of Buildable Property
Condominium over 50 apartments
Gross Floor Area Ratio
2

From Our Office Listings - Otthon Centrum Solutions Kft

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