Description

Investment for sale:
Budapest VIII. in the district around Teleki tér, 1,036m2 building plot for sale.

There is currently a 500m2 house to be demolished on the lot, which is now rented out.
The tenant pays HUF 600,000 + VAT with a 1-year contract, but can withdraw earlier if necessary.

The plot for sale has a valid building permit, valid for one month (I have the full document).

IMPORTANT! There is no need for an underground garage level, since the storage and parking lots are located on the ground floor.

ground floor + 6 floors, total 48 apartments, 24 double parking spaces, 48 ​​cars + storage.
Usable m2 1,530.98m2.

Net apartments: 2,497.56m2 net building: 3,961.55m2

In its current condition, it is for sale for €1.55M (€1,550,000) + VAT

Based on plans, it can be implemented:
- 48 apartments can be built
- There will be parking for 36 cars + storage for 48 bicycles
- no basement, only ground floor + 6 floors according to the plans

The building has 48 apartments planned with the following layout:
2,595m2
15 units of 25-30m2

5 units with 2 rooms, 50m2

25 units with 2-3 rooms and 65m2

3 penthouses 60m2, 80m2 and 130m2

There is no minus that makes construction more expensive.
Feasible ground floor + 6 floors.

1.550.000 € + áfa

I'm waiting for your call.