For sale plot, T040553
Budapest XV. kerület, Újpalota

1,940,000,000 Ft

5,420,000 €

  • 46,581m²
Exclusive Contract

Development opportunity – with permits, plans, and infrastructure / 81,000 sqm

We are offering for sale a flat development site of approximately 46,000 sqm located on the Pest side of Budapest, situated at a prime transportation hub, close to the प्रवेश section of the M3 motorway and major arterial roads leading դեպի the city center.

Zoning: Vi-2/Sz-P1 – institutional zone with detached building configuration.
The property is covered by a valid District Regulatory Plan (KSZT), with clearly defined development parameters. Partial permit-level and concept plans for the required utility developments are also available.

Due to its size and location, the site is highly suitable for residential development.
Residential use can be permitted following an amendment to the regulatory plan. This requires an agreement with the local municipality and either a modification of the existing Urban Development Agreement (TRSZ) or the conclusion of a new one.

Development potential and functions:

office, retail, and service buildings
hotels and accommodation facilities
showrooms, sports centers, economic/service buildings
standalone parking structures and underground garages
cultural, entertainment, community, and religious facilities
educational, healthcare, and social functions

The Municipality is open to rezoning; however, this requires an amendment to the regulatory plan (KSZT) and renegotiation of the TRSZ. Building regulations for institutional zones have recently changed: instead of the previous 0%, up to 50% residential function may now be developed even without rezoning. The district is not obliged to automatically implement this change into the KSZT; however, upon request, it may be incorporated from next year through a simplified procedure. In such cases, the TRSZ must still be renegotiated.

Utilities and infrastructure:

Water, gas, electricity, and sewage available in the adjacent public area or to be developed
Road development plans coordinated with Budapest Public Roads authority
Land expropriation required for external connecting road developments has been completed

For investors and developers:
The size, location, and regulatory framework of the property provide an outstanding opportunity for long-term development projects. The site is suitable for large-scale institutional, commercial, office, or mixed-use developments.

For serious inquiries, and subject to signing a non-disclosure agreement, we provide:

detailed regulatory documentation
concept designs
existing permitted construction plans
utility and road development documentation

Registration Number

T040553

Property Details

Sales
for sale
Character
plot
Type of Land
Developmental plot
Zone
institutional zone
Plot Size
46,581 m²
Orientation
West
Water
On the street
Gas
On the street
Electricity
On the street
Sewer
On the street

 

Slope of Land
flat
Buildability
40%
Facade Height
1600
Type of Buildable Property
Condominium between 10-50 apartments, Condominium over 50 apartments, Office, hotel, or other institution, Retail building, Parking garage, Showroom, Sports center, Residential land parceling, Industrial-commercial land parceling, Farm building
Gross Floor Area Ratio
1
Ruczek János
Ruczek János

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