Budapest XI. kerület, Gellérthegy For sale plot in residential area

PRIME LOCATION ON GELLÉRT HILL NEAR THE CITADELLA – APPROX. 1,600 SQM DEVELOPMENT PLOT FOR PREMIUM RESIDENTIAL PROJECT OR PRIVATE RESIDENCE

Offered by CITYCARTEL, for sale in one of Budapest’s most valuable Buda districts, Gellérthegy, near the Citadella, is a unique development plot of approximately 1,600 sqm.

This large property, set in a green environment, presents an exceptional opportunity for buyers and developers seeking a building site in one of Budapest’s most prestigious locations.

Currently, there is a building on the plot that can be demolished, allowing for the realization of an entirely new architectural concept.

KEY DETAILS
Plot size: approx. 1,600 sqm
Buildable area: 15%
Underground buildable area: 25%
Allowed number of floors based on available information: 3 levels
Existing building on the plot is demolishable

DEVELOPMENT OPPORTUNITY ON GELLÉRT HILL
The size, location, and building parameters of the plot open possibilities for various premium real estate development concepts.

Following appropriate architectural and regulatory consultations, potential uses include:
exclusive condominium development,
premium residential building,
luxury villa or private residence,
multi-generational family home,
diplomatic or representative residence,
high-end residential project including underground parking and service areas.

The plot’s features make it particularly appealing for a contemporary Buda development where green surroundings, private living spaces, and panoramic views from higher levels can all be integrated into the concept.

EXCEPTIONAL LOCATION
Gellérthegy is one of Budapest’s most prestigious, sought-after, and value-retaining residential areas.

The area’s unique appeal is due to:
proximity to the Citadella and Gellért Hill,
Buda’s green zones,
quick access to the city center,
a neighborhood of representative villas and residences,
and a very limited supply of available plots.

INVESTOR PERSPECTIVE
The property’s key value lies in the combination of plot size, Gellérthegy’s prestige, and development potential.
For a well-positioned premium project, the location is ideal for creating high-end residential properties targeting Hungarian and international premium buyers, investors, business professionals, and diplomatic clients alike.

IMPORTANT TECHNICAL AND LEGAL INFORMATION
The exact building size, developable floor area, number of apartments, building height, parking requirements, and all other development parameters depend on the precise zoning classification, the current local building regulations, urban design rules, authority consultations, and the chosen architectural concept.

For more information and to arrange a personal viewing, please contact us with confidence.