Prime Corner Development Plot with Excellent Buildability

Magdolna utca 31, Budapest, VIII. District
Price 850.000.000 Ft
Ref: RMXH-0073A0
Property Details
• Price: 850.000.000 Ft
• Price/sqm: 647.372 Ft
• Official Size: 1313 m2
• Actual Size: m2
• Property Type: Lot
• City: Budapest
• District: VIII.
Property Description
Plot size: 1,313 sqm, created by merging two separate plots.

• Zoning classification: Ln-1/M-3
• Maximum buildability: 75% (70% below ground level)
• Minimum green area requirement: 20%
• General floor area ratio (FAR): 4
• Parking floor area ratio: 0.7
• Maximum building footprint: 985 sqm
• Maximum total buildable gross floor area: 5,252 sqm
• Utilities (electricity, water, gas, sewage) are available on the plot
Location Description
We are offering for sale this corner plot located in the Magdolna Quarter of Budapest’s 8th District. The property is situated near Mátyás Square, on the corner of Magdolna Street and the renewing Dankó Street. This dynamically developing neighborhood offers excellent transportation connections, with schools, kindergartens, and shopping facilities all nearby.
Other Description
Feel free to call any day of the week for more information.
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