9-UNIT RESIDENTIAL DEVELOPMENT OPPORTUNITY IN DOWNTOWN TAPOLCA – 685 m² USABLE FLOOR AREA

We are offering for sale a property with outstanding development potential on Kossuth Lajos Street, the main street in downtown Tapolca, complete with a ready-made building study plan.

Basic Information

Existing net floor area: 341 m²

Planned usable floor area (according to study plan): 685 m²

Building: ground floor + basement + additional floor

Number of apartments that can be created: 9 units

Courtyard

Full utilities: water, electricity, gas, public sewer

Last use: hardware store

Existing structures can be retained

Development Concept

Building study plan available

With an additional floor, 9 apartments + necessary parking can be developed

Small-scale downtown condominium project

Fast permitting and construction potential

Estimated Project Metrics (Indicative)

Saleable usable residential area: ~685 m²

Average apartment size: ~70–80 m²

Construction cost (conversion + additional floor): ~HUF 550,000–650,000 / m² → ~HUF 375–445 million

Expected selling price in Tapolca (new / like-new): ~HUF 850,000–1,050,000 / m²

Conservative estimate: HUF 900,000 / m²

Expected Revenue:

685 m² × HUF 900,000
→ ~HUF 616 million

Estimated Development Profit:

~HUF 170–240 million (depending on financing)

Why is this a good project?

Prime downtown main street location

Stable demand for new apartments

Prepared study plan → time and cost advantage

Marketable apartment sizes

Favorably sized, relatively low-risk project

For the study plan, detailed calculations, and documentation, please contact us with confidence.

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