For sale mixed (residential and commercial) area
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Description
Prime Corner Development Plot with Excellent Buildability
We are offering for sale this corner plot located in the Magdolna Quarter of Budapest’s 8th District. The property is situated near Mátyás Square, on the corner of Magdolna Street and the renewing Dankó Street. This dynamically developing neighborhood offers excellent transportation connections, with schools, kindergartens, and shopping facilities all nearby.
Plot size: 1,313 sqm, created by merging two separate plots.
•Zoning classification: Ln-1/M-3
•Maximum buildability: 75% (70% below ground level)
•Minimum green area requirement: 20%
•General floor area ratio (FAR): 4
•Parking floor area ratio: 0.7
•Maximum building footprint: 985 sqm
•Maximum total buildable gross floor area: 5,252 sqm
•Utilities (electricity, water, gas, sewage) are available on the plot
Asking price: HUF 650,000,000
Feel free to call any day of the week for more information.
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