RESIDENTIAL DEVELOPMENT SITE FOR SALE

Danube bank area at Budakalasz

Location:

The subject site is located at the North edge of Budapest, on the Danube bank side of the village Budakalasz.. The surrounding area comprises middle and high quality residential dwellings as well as residential parks.

There is a wide selection of public amenities available in the vicinity either in Budakalasz or in District 3 of Budapest.

The site is prevented from flood by the adjacent dam.

Description:

Undeveloped site (except a few small holiday sheds) and designated as development land. The site is regular in shape and bordered by public roads on three sides.

Site Area: 36,600 m2

Planning:

The site holds valid planning under the regulations of the Village Development Plan, as follows:

Zoning: DP-Üü-2 - Danube-bank development area for recreational purposes

- Permitted Building Uses:

Recreational/holiday buildings

Retail buildings

Hotel, recreational resort

Sport facilities

- Building Position: alone-standing

- Maximum Building Footprint: 20%

- Minimum Green Area: 60%

- Maximum Building Height: 7.5 meter

- Maximum Building Density: 0.6 m2/m2

On the basis of the above density rules the gross buildable floor area is 21,900 m2, out of which gross 14,600 m2 is buildable above the Ground and the rest is under the Ground. On the basis of the building height rule the buildings can comprise -1 level + ground floor + upper floor (attic).

Utilities: Electricity, water connections are on site. The provision of natural gas connection to the subject area is in process. The sewage connection needs to be provided either from Luppaszigeti Road or from District 3 Romai Part.

Price Offer: HUF 690 million (VAT is not applicable due to private ownership)