For sale plot, T041330
Budapest III. kerület, Újlak, Bécsi út

365,000,000 Ft

920,000 €

  • 375m²
Exclusive Contract

375 sqm Commercial Plot for Sale at Kolosy tér, Currently Operating as a Hospitality Venue

Plot for Sale in District III, Budapest

An ideal opportunity for developers looking to realize a value-preserving project in the central area of Buda, as well as for investors seeking inflation-linked, stable and predictable returns.
The plot has frontage on two streets and enjoys a central location.

Possible use: Commercial
-Permitted developments:
-Commercial buildings (shops, retail units)
-Service-related functions
-Hospitality (restaurant, café, hotel, etc.)
-Offices and administrative functions
-Cultural and community facilities

Plot size: 375 sqm

Building parameters:
-Above ground coverage: 80%
-This allows a gross building of approx. 600 sqm on two levels
-Below ground: 100% coverage, allowing two levels of underground parking

Terraced (closed-row) construction is permitted

Concept designs from a previous (now expired) building permit are available among the attachments

Zoning classification: Vt-H/Z-1

Utilities:
-Water and sewage – connected
-Electricity (3 × 100A) – connected
-Gas connection available in front of the plot

The property is currently utilized for hospitality purposes: three food trucks operate on the site, managed by a single operator. The current tenant intends to continue operating in the future and, in the case of a long-term agreement, is planning further developments on the site. In such a scenario, renegotiation and an increase of the rental fee would also be a realistic possibility.

This structure is particularly advantageous, as the property can be utilized with virtually no depreciation. It currently provides a stable 5% inflation-linked yield, while also offering additional upside potential from the value appreciation of land in Buda.

Area
Kolosy Square is one of the most vibrant and popular urban centers of Óbuda, offering numerous offices, shops and services. The area is home to many well-known restaurants, cafés and hospitality venues, creating a lively atmosphere throughout the day and evening. Nearby office buildings and service providers ensure continuous foot traffic, which is particularly beneficial from a business perspective. The square also benefits from excellent public transport connections, making it easily accessible from several parts of Budapest. Shopping opportunities, banks, pharmacies and other everyday services are all located within close proximity.

Location
The property is very well accessible by public transport. The nearest tram and bus stops are located approximately 50 meters away, where tram lines 17, 19 and 41 run along the Buda riverside and provide quick access to Batthyány Square. Bus line 9 also stops nearby, offering direct connections toward Nyugati Railway Station and Margaret Bridge. Bus 29 runs toward the Buda hills and Hűvösvölgy, while buses 65 and 65A provide convenient access toward Csillaghegy and Rómaifürdő. Batthyány Square can be reached by tram in about 10 minutes, where the M2 metro line offers fast access to the city center of Pest.

Price: HUF 365,000,000 + VAT (not sold together with a company)

We also offer customized mortgage solutions. Our independent loan center compares the offers of all banks and financial institutions available in Hungary free of charge. Our experienced colleagues are available by appointment, even outside regular working hours.

For more information or to arrange a viewing, please feel free to contact us.

Registration Number

T041330

Property Details

Sales
for sale
Character
plot
Type of Land
Building plot
Zone
residential zone
Plot Size
375 m²
Orientation
East
Neighborhood
good transport, central
Water
Available
Gas
On the street
Electricity
Available
Sewer
Available

 

Buildability
80%
Facade Height
14
Type of Buildable Property
Office, hotel, or other institution, Retail building, Parking garage, Farm building

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