DEVELOPMENT SITE FOR SALE IN THE HEART OF BUDAPEST’S 20TH DISTRICT – WITH POTENTIAL FOR A PROJECT OF NEARLY 100 APARTMENTS
We are offering for sale a 2,676 m² building lot with full ownership rights in one of the best development locations in Budapest’s 20th District, situated in the heart of the district near the banks of the Danube.

The area boasts excellent infrastructure, with easy access to downtown, while numerous sports, recreational, and leisure opportunities are available nearby. The location is becoming increasingly popular among both residential developers and end-users.

The property is zoned Ln-3/SZ3, which provides favorable development parameters for the construction of a condominium.

Key development parameters:

Lot area: 2,676 m²
Building type: detached
Maximum building coverage: 45%
Building coverage below ground level: 55%
Minimum green space: 35%
Floor area ratio: 2.5
Ratio applicable for parking purposes: 1.0
Maximum building height: 17 m

Based on the development parameters:

Gross floor area above ground: approx. 6,695 m²
Parking floor area: approx. 2,676 m²
Total gross building area: approx. 9,371 m²
Expected number of apartments: approx. 95 apartments

A development concept for a condominium complex with nearly 95 apartments has already been prepared for the site, which clearly illustrates the area’s potential. Although the property does not currently have a final building permit, the existing design documentation can provide a significant advantage during project preparation.

The plot is unencumbered and ready for development, and represents an extremely rare opportunity in the district to realize a residential project of this scale.

This is the ideal choice for developers, investment funds, and investors interested in residential real estate projects who are looking for a large development site in one of Budapest’s up-and-coming neighborhoods.

Please contact us for more information and to request the available documentation!