Prime Development Plot for Diplomatic or Residential Use

For sale: a development plot in the prestigious Szemlő-hegy area (District II), located in a highly sought-after green neighborhood with excellent infrastructure, ideal for the construction of a family house or semi-detached home.

Just a few minutes from the Szemlő-hegy Cave, near Rózsadomb Center and the renowned Daubner Confectionery, this 1,231 sqm plot lies in an elegant residential environment and offers a beautiful panoramic view toward Mátyás Hill.

Thanks to its prime location, the area provides a perfect balance of suburban tranquility and urban convenience, with good public transport connections (bus lines 29 and 111) and comprehensive infrastructure.
Within a short 2–3 minute drive, you’ll find Pitypang Street Primary School, Móricz Zsigmond High School, several restaurants, pharmacies, and shopping centers. At the same time, numerous hiking trails, viewpoints, and the famous caves of the Buda Hills are also easily accessible.

The well-established garden, surrounded by mature trees and vegetation, currently features a small building in need of demolition. Thanks to the natural slope of the terrain and the orientation toward the panoramic view, a quiet and beautifully situated new building can be designed.

Zoning classification: Lk-2/Sz-24
Main building parameters:

• Maximum buildable area: 15%
• Floor area ratio (FAR): 0.4
• Maximum building height: 7.5 m

According to these regulations, a gross building area of approximately 492 sqm can be constructed, with around 184 sqm per level.

In compliance with the zoning rules, the property allows the construction of a maximum 2-unit residential building.

Asking price: 350,000,000 HUF ≈ 886,000 EUR

Estimated Construction Costs

The expected construction costs are subject to variation depending on the chosen architectural design, materials, and technical specifications. Based on current market conditions in this premium district, the estimated average construction cost is approximately EUR 4,000 per square meter for a high-quality residential development.