Panoramic development plot for sale with final building permit – District III, Budapest, 17 Domoszló köz

In a highly sought-after, green, mountainous area of Budapest’s District III, in the Harsánylejtő / Testvérhegy area, a 1,279 m² development plot is for sale, complete with a legally binding building permit, demolition permit, and full design documentation.

This property is specifically recommended for real estate developers, contractors, and investors looking for a fully prepared, low-unit-count, premium-location condominium project in an area with high demand and a limited number of issuable building permits.

Currently, there is a residential building on the plot slated for demolition, for which the demolition permit is already available. Based on the development concept, a 4-unit condominium project can be realized on the site.

Key Data:
• Address: 1037 Budapest, 17 Domoszló köz
• Plot area: 1,279 m²
• Topographical number: 20052/5
• Zoning classification: Lke-2/SZ-N3
• Building type: Detached (freestanding)
• Planned function: 4-unit condominium development
• Existing superstructure: Residential building to be demolished
• Demolition permit: Available
• Building permit: Available
• Utilities: Within the plot
• Seller: Private individual (the price is not subject to VAT)
Planned / Permitted Floor Areas:
• Usable floor area of the main condominium building's apartments: 323 m²
• Plus usable floor area of a separate house: 90 m²
• Total usable floor area of the apartments: 413 m²
• Garage usable floor area: 30 m²
• Total terraces / balconies: 37.45 m²
• Estimated weighted sellable floor area: approx. 430–460 m²

Zoning Parameters:
• Maximum lot coverage above ground level: 15 / k20%
• Maximum lot coverage below ground level: 25%
• General floor area ratio (FAR): 0.4 m²/m²
• Parking floor area ratio: 0.2 m²/m²
• Minimum green area: 75 / k65%
• Maximum building height: 7 / k5 m
• Maximum facade height: 6.5 m
• Maximum number of apartments per building: 5 units

One of the most important advantages of the project is that it is not just an empty plot, but an approved, documented, ready-to-continue development opportunity. Along with the plot, the buyer will receive the available demolition permit, building permit, design documentation, and the 4-unit development concept.

From a developer's perspective, the project is particularly interesting because it allows for the creation of a low-unit-count condominium product in a premium greenbelt area of District III, which can be exceptionally well-positioned in the neighborhood's new-build residential real estate market.

Guidelines for preliminary developer calculations:
• Estimated construction cost: approx. HUF 800k – 1.05M / gross m²
• Estimated sales price range for finished apartments: approx. HUF 2.0–2.4M / m²
• Estimated total revenue potential: approx. HUF 900M – 1.1 Billion

Note: The above figures are informative developer estimates; the actual result will depend on the final technical specifications, construction costs, sales strategy, and market environment.

The location offers a quiet, green, mountainous residential environment with panoramic views, while remaining well within Budapest’s District III. The area connects to the mountainous residential zones of Harsánylejtő, Testvérhegy, and Óbuda, where premium, low-unit-count condominium developments represent a highly viable and rare market product.
For further information, document review, and site visits, please contact us to arrange a telephone appointment.

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