Investing/Development for Sale Budapest

$5,164,000 57.03 are
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Property Location
City
Country
Address
Budapest, Hungary, Hentes u 6, 1097 Hungary
Near
Soroksari ut 94, 1095 Hungary, Soroksari ut 94-96-C ep, Soroksari ut 92, Hentes u 1, Hentes u 1-17, Ferencvaros, District IX
Property Description

Prime Investment Opportunity located in Budapest's 9th District, one of the city's most dynamically developing areas. The 5,482 m² unencumbered development site is currently fully utilized. The property is located directly opposite the Student City (Diákváros) project development zone, which is one of Budapest's largest multi-year urban development investments. With major infrastructure upgrades, new university, residential, and office developments, the area is projected to see significant value growth in the coming years. The plot is currently 20% built-up, but the total permitted buildable area is 10,975 m² (in case of brownfield 16 500 m²), offering significant additional development potential. The area is excellently suited for residential, office, accommodation, commercial, or mixed-use developments. According to the Building Act, it is a classic brwonfield area, in this case, the floor area ratio changes to 2,5-3. The location, existing stable rental income, and development potential together offer a unique investment opportunity for both domestic and international developers and institutional investors.

Property Info
Ad Type
Investing/Development for Sale by Owner
Property Category
Commercial
Property
Land
Property Type
Investing/Development
Land Use
Residential
Lot Area
57.03 are
Price
$5,164,000
Last Update
2 days ago
Seller Contacts
Name
Fanni Alföldi
Views Stats
For 2 weeks:
All time total: 23

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