For sale plot, T040639
Budapest VIII. kerület, Magdolna negyed

299,900,000 Ft

766,000 €

  • 300m²

Residential Development Plot for Sale in Budapest’s District VIII

Development Plot for Sale in Budapest’s District VIII, Next to Mátyás Square

Excellent opportunity to build a residential condominium in one of the city center’s rapidly developing neighborhoods. The plot’s characteristics allow for the realization of a modern, multi-unit residential project.

Key Parameters:

Zoning classification: LN-1/CS-1

Potential number of apartments: approx. 19–21 (depending on design and layout)

Building type: row development (closed-row)

Plot size: 300 m²

Buildable ratio: 65% above ground, 85% below ground

Green area requirement: minimum 15%

Floor area ratio: 4

Permitted building height: 16–23 m

Street frontage: 10 m

Currently, there is a basement-level building on the site that is designated for demolition, making way for new development.

The property is held by a company; acquisition of the company itself is also possible.

A rare investment opportunity in the heart of Budapest – ideal for a condominium development project.

Registration Number

T040639

Property Details

Sales
for sale
Character
plot
Type of Land
Building plot
Zone
residential zone
Plot Size
300 m²
Orientation
South
View
city view
Neighborhood
quiet, good transport, central
Water
Available
Gas
Available
Electricity
Available
Sewer
Available

 

Slope of Land
flat
Buildability
65%
Facade Height
23
Type of Buildable Property
Condominium between 10-50 apartments
Gross Floor Area Ratio
4
Pados - Burján Renáta Zita
Pados - Burján Renáta Zita

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From Our Office Listings - Kistarcsa

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