For sale plot in residential area
|
Ability to build in
|
65% |
|
Floor area ratio
|
4 |
|
Gross floor area
|
1200 |
|
View
|
not provided |
|
Electricity
|
yes |
|
Water
|
yes |
|
Gas
|
yes |
|
Canal
|
yes |
|
Ability to build in
|
65% |
|
Floor area ratio
|
4 |
|
Gross floor area
|
1200 |
|
View
|
not provided |
|
Electricity
|
yes |
|
Water
|
yes |
|
Gas
|
yes |
|
Canal
|
yes |
Description
Residential Development Plot for Sale in Budapest’s District VIII
Development Plot for Sale in Budapest’s District VIII, Next to Mátyás Square
Excellent opportunity to build a residential condominium in one of the city center’s rapidly developing neighborhoods. The plot’s characteristics allow for the realization of a modern, multi-unit residential project.
Key Parameters:
Zoning classification: LN-1/CS-1
Potential number of apartments: approx. 19–21 (depending on design and layout)
Building type: row development (closed-row)
Plot size: 300 m²
Buildable ratio: 65% above ground, 85% below ground
Green area requirement: minimum 15%
Floor area ratio: 4
Permitted building height: 16–23 m
Street frontage: 10 m
Currently, there is a basement-level building on the site that is designated for demolition, making way for new development.
The property is held by a company; acquisition of the company itself is also possible.
A rare investment opportunity in the heart of Budapest – ideal for a condominium development project.