Newly built family home near Római-part for the price of an apartment, in a flood-free zone!

Description:
A rare opportunity on the Buda side! For the price of a larger apartment, you can now build your own brand-new, premium family home in one of the most desirable parts of the 3rd district, on Királyok útja!

The asking price of HUF 230,000,000 listed in the ad reflects the estimated total cost of the entire project (the plot + the turn-key construction of a modern, 150 sqm home). This gives you a clear view of exactly how much it takes to build a standalone family home in this luxury neighborhood!

Project breakdown:

Plot asking price: HUF 115,000,000 / € 680 000 (Payable upon purchasing the property)

Estimated construction cost in the area: ~HUF 850,000 / sqm

Construction cost (calculated for a spacious, 150 sqm house): ~HUF 127,500,000

TOTAL PROJECT COST: ~HUF 230-250M (depending on size and personal preferences).

Construction background: If required, we can recommend a highly reliable general contractor with excellent references, who will handle the implementation with a fast and predictable schedule, from the ground-breaking all the way to turn-key delivery!

BONUS VALUE-ADDING OPPORTUNITY: According to the land registry, the plot is currently 604 sqm (11 m wide x 54.9 m long). However, due to an ongoing land reintegration procedure, it will actually increase to nearly 700 sqm (696 sqm) in the future! This extra land comes as a bonus for the buyer, providing even greater privacy and value.

Why you will love this home and plot:

MAXIMUM SAFETY – FLOOD-FREE ZONE: The plot is located beyond the levee, in a completely flood-free area. Financing, bank loans, and property insurance can be arranged 100% smoothly and securely!

Intimate, huge private garden: Thanks to the elongated shape of the plot, a contiguous, nearly 300 sqm completely private oasis can be created behind the house.

Quiet, peaceful living space: The living areas and the terrace can be oriented towards the back of the plot, away from the street, ensuring total peace at the end of the garden. It is the perfect spot for a swimming pool, a BBQ terrace, or an undisturbed relaxation garden.

Flexible designs: Based on the plot's characteristics, the house can be a comfortable single-story home, a two-story 240 sqm luxury villa, or even a two-family semi-detached house (duplex).

Technical and zoning parameters (based on 604 sqm):

Classification: Building plot

Maximum footprint coverage: 25% (Up to 151 sqm footprint on the ground floor)

Floor Area Ratio (FAR): 0.4 (The maximum gross size of the entire structure can be ~241 sqm)

Utilities: Water and sewage are inside the plot; gas and electricity are directly on the street.

Extra: The 3D renderings shown in the advertisement serve as inspiration to help visualize the potential inherent in the project.

Lifestyle and location:
The Danube bank and the promenade are within walking distance. Enjoy the unique gastronomy, sports activities (kayaking, canoeing, bike path), and lifestyle of Római-part in a safe and value-retaining location, which is one of Budapest's most sought-after residential areas.

The property (plot) is unencumbered, for sale by a 1/1 sole owner, and can be taken into possession immediately.

Project starting price (plot): HUF 115,000,000 / € 680.000
Price in the advertisement (plot + planned 150 sqm house): HUF 230,000,000 / € 1.300.000

Don't miss out on this rare opportunity—build smartly for the price of a luxury apartment! Feel free to call me any day of the week; viewing schedules are flexible!

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