ID: 35584253

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For sale plot in residential area

Ability to build in
30%
Floor area ratio
0.9
Gross floor area
2275.2
View
panoramic
Electricity
yes
Water
yes
Gas
yes
Canal
yes
Ability to build in
30%
Floor area ratio
0.9
Gross floor area
2275.2
View
panoramic
Electricity
yes
Water
yes
Gas
yes
Canal
yes

Description

I would like to bring to your attention a premium development land option with exceptional features, located in a green environment in one of the most sought-after and exclusive areas of Pécs, on Mecsekoldal (Csortos Gyula utca 18).
The plot features dual street access and offers an everlasting panorama view of the city center.

The plot is perfectly suited for the development of a luxury apartment building with panoramic views or an exclusive villa park. The property is unencumbered, for sale by a private individual (1/1 ownership, free of liens and litigation), and is ready for immediate development.

The downtown area and the Cathedral of Pécs are visible to the naked eye and can be reached within a few minutes both by bus and on foot.

Key Parameters of the Development Plot:
• Plot Size: 2,528 sq m
• Zoning Classification: Lk-2743(Bf) building zone (Small-town / Suburban residential zone)
• Permitted Footprint (Coverage): 30% (Maximum footprint per floor: ~758 sq m)
• Floor Area Ratio (FAR): 0.9 (Maximum allowable gross floor area above ground: 2,275 sq m)
• Maximum Allowed Building Height: 8 meters (Ideal for a Ground Floor + 1st Floor + Penthouse level configuration)

Financial and Development Potential (Residual Value Calculation):
Thanks to the 30% coverage limit and the height restriction, a gross floor area of approximately 2,046 sq m can be developed on the site. After deducting walls and common areas, this yields approximately 1,650 sq m of net sellable residential area (plus underground parking and terraces).

Calculated with current market prices of the new-build premium segment on Mecsekoldal, the project's expected Gross Development Value (GDV) reaches 2,396,250,000 HUF.
• With the above mentioned Asking Price is the Land Cost to GDV Ratio: Extremely favorable at just 12.7%, which ensures an outstanding profit margin for the developer.

The plot’s location (panorama, quiet cul-de-sac, premium neighborhood) guarantees a fast and high-priced sale of the finished luxury apartments.

If this project has sparked your interest, I would be delighted to send you further details and the land registry title deed, or to be at your disposal for a personal or online meeting.

Map

Pécs, Csortos Gyula utca 18.
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Map is temporarily unavailable.

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Average prices for similar listings in the area
This real estate 120,65 thousand HUF/m²
Baranya megye 3,41 thousand HUF/m²
Pécs 9,42 thousand HUF/m²
The average price was calculated based on the prices of 2000-250000 between m², renovated, in medium condition, needs renovation, in good condition, incomplete, unknown condition, with new parcel plot.

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