Budapest XVIII. kerület, Liptáktelep For sale plot in residential area

PRIME RUST BELT DEVELOPMENT AREA FOR SALE

An exceptional investment and development opportunity on a large former industrial site!

This brownfield rust belt area offers the potential for a large-scale, multi-phase real estate development. The extensive contiguous land, existing infrastructure, and favorable transport connections make this property a long-term, value-retaining investment.

Development possibilities include:
industrial and economic use,
logistics or warehousing center,
commercial and service functions,
office or institutional development,
complex mixed-use urban rehabilitation projects with appropriate regulatory and administrative approvals.

Key advantages of the property:
significant development area,
brownfield rust belt character,
option for phased development,
existing urban infrastructure,
favorable road and rail connections,
long-term value appreciation potential,
versatile utilization options.

The site may consist of multiple parcels, so zoning classifications and building parameters may vary between sections. Exact buildability, floor area ratio, permitted building height, green space requirements, and allowable functions are determined by the current building regulations, zoning plans, and official consultations.

This property is primarily recommended for experienced real estate developers, institutional investors, industrial and logistics companies, and investors considering long-term urban rehabilitation projects.

The precise location, ownership and technical documentation, plot sizes, parcel numbers, and further detailed information are available upon signing a confidentiality agreement.

Building type: detached
Maximum surface coverage: 50%
Maximum underground coverage: 50%
Building height: 3.5–16.0 meters
Minimum green area: 25%
Maximum floor area ratio: 1.5 m²/m²

These parameters align with the current BP18 General Urban Development Plan, Annex 2.

What types of developments are feasible?

The zone primarily allows for the following uses:

industrial or manufacturing activities with no significant environmental impact,
warehousing and logistics,
commerce,
services and hospitality,
research and development,
institutional and office functions,
worker accommodations or lodging services,
parking facilities.

Standalone residential buildings, condominiums, or residential parks are not permitted under current zoning. Within industrial or service buildings, up to two apartments for owners or staff may be created.

Important restrictions:
At least 50% of the required green space must be continuous with a three-tiered plant structure.
A protective green buffer zone at least 15 meters wide may be required along boundaries adjacent to residential areas.
Within 40 meters of residential property lines, buildings may only house auxiliary social rooms or offices.
Access for vehicles to new buildings must be provided from non-residential or appropriate private roads.
Designated protective green zones, transport areas, and non-buildable parcels shown in the zoning plan may reduce the actual buildable area.

In summary: currently a strong industrial, logistics, warehousing, commercial, or office development site with up to 50% surface coverage and a 1.5 floor area ratio. Establishing a residential neighborhood would require zoning amendments and municipal approval.