For sale plot in residential area
|
Ability to build in
|
60% |
|
Floor area ratio
|
5.15 |
|
Gross floor area
|
2209.35 |
|
View
|
not provided |
|
Electricity
|
within the plot |
|
Water
|
within the plot |
|
Gas
|
within the plot |
|
Canal
|
within the plot |
|
Ability to build in
|
60% |
|
Floor area ratio
|
5.15 |
|
Gross floor area
|
2209.35 |
|
View
|
not provided |
|
Electricity
|
within the plot |
|
Water
|
within the plot |
|
Gas
|
within the plot |
|
Canal
|
within the plot |
Description
For Sale: Investment Opportunity for Apartment Development
A stand-alone plot with a building slated for demolition is for sale to developers in one of the most sought-after and prestigious areas of Budapest’s District XI, at Kende Street 3. Opportunities like this no longer exist in the neighborhood—every other plot has been built up. The property is free of encumbrances and litigation.
The plot measures 429 m² and is categorized under zoning code Vt-v-XI-04. Planning regulations and sunlight requirements allow for the construction of a 7-story building plus two basement levels. The total floor area ratio is 2,209.35 m².
The site is within walking distance of the Technical University, Corvinus and ELTE Universities, the Gellért Baths, Gellért Hill, the Central Market Hall, as well as the Bartók Béla Avenue with its array of cultural venues. Public transportation is excellent, providing convenient access across both Buda and Pest.
A major advantage of the street is the district heating main that passes by, enabling the new development to be supplied from the Kelenföld heating district’s capacity—documentation on this is included among the images.
Upon request, I can send a comprehensive conceptual study via email, including details from discussions with the local municipality regarding parking.
Asking price: EUR 2,400,000
If you cannot reach me at the provided number, please send a message and I will return your call. Voicemail is not available.
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