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Real estate to be developed in Füzér utca, in the 10th district of Budapest
LoLocation
The property for sale is located in Füzér utca, in the 10th district of Budapest, at around 400 metres from Kőbánya centre, in an area declared as a rehabilitation area by the local district government. The area has excellent public transportation infrastructure, and is served by many institutions. The nearest tram and bus stops can be reached within two minutes on foot, while the local bus station is within five minutes walking distance.
Information
For further information and viewing arrangements please contact us at:
Email: kata.kokai@quaestor.hu
Telephone: 06-40-10-20-23
Current condition
Address | 1102 Budapest, Kolozsvári utca 9. |
Topographic lot number | 38977/2 |
Area of the building | 0 |
Area of the plot | 1,477 m2 |
Description of the plot | unbuilt, uncultivated area |
Number of flats to be built | 23 |
Owner | QUAESTOR First Hungarian Real Estate Investment Fund |
Permits | final, outline planning permission |
Current utilisation | currently there are no superstructures on the plot |
Development opportunities
According to the plans of the QUAESTOR Group, the area is ideal for the construction of a four-storey building (ground floor + 2 floors + loft) without a basement. The building could include 23 flats and studios, and there would be room for surface level parking spaces within the plot. The following table summarises the building parameters according to the layout plan proposed by our company:
Planned built-up ratio | 513.99 m2 |
Planned plot ratio (excluding covered parking spaces) | 1.3 |
Number of planned buildings | 1 |
Number of floors | 4 |
Gross built-up area | 513.99 m2 |
Gross floor area (GFA) | 2,055.96 m2 |
Gross floor area of garages | n/a |
Number of parking spaces | 12 covered + 11 uncovered = 23 |
Number of planned flats | 11 |
Total floor area of flats | 589 m2 + 26.4 m2 balcony |
Number of planned studios | 12 |
Total floor area of the studios | 647.66 m2 |
Permits | final outline planning permission |
Planned development costs | EUR 0.12 million |
Financing
Based on the above guide prices, our company is selling the above property for cash, or through credit or lease arranged by the customer with a third party.
Target group
Ideal purchase opportunity for property development companies involved in the construction of condominiums; ideal investment opportunity for property development companies.
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