For sale Building lot Budapest VI. district - Andrássy út

Next to Andrássy Avenue, but not on Andrássy Avenue, there is a loft space for sale suitable for the construction of 11 apartments, with a valid building permit, on the fourth floor and in the attic. These apartments can be sold with a 5% VAT. The property is free of any encumbrances and is owned outright (1/1). It is possible to burden the project with a construction loan. The building's fire wall is adjacent to the building on Andrássy Avenue, and the entrance is located 30 meters away from Andrássy Avenue, where new apartments are currently offered at a price of 8000-10000 EUR/m2. A 640m2 apartment with a 90m2 terrace and optionally a 133m2 panoramic rooftop terrace can be built. It is important to note that the redemption of parking spaces must still be paid according to the 2019 regulations, allowing significant savings compared to obtaining a new permit.