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For Sale / To Let

Székesfehérvár - Downtown - Apartment project for sale / Offices for rent

Székesfehérvár Ady E. u. 13. |2.453m2 |price on application

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Office building under monument protection for sale/rent in Székesfehérvár, at 11-13 Ady Endre Street!

The office building is located in the city center, 150 meters from Fő Street and 150 meters from Mátyás király körút. The parking lot can be accessed from the theater, Dr. Koch L. Street, and Mátyás király körút. Parking is also available in front of the building, but the street is a paid parking zone. 

Offices, banks, hotels, shopping centers, cafes, and local government offices are within walking distance.

Rental fee: we will prepare a customized offer based on your needs!

Presentation:

The property is currently an office building, but it is not leased. The building permit was issued for residential development. Twenty-three apartments can be built on three floors, with 35 parking spaces. The permit allows for three elevators. Storage rooms would, of course, be built in the basement.

We have confirmed the sales potential of the completed apartments with the help of two independent experts. It is expected that the apartments will sell for between HUF 1.4 and 1.5 million per square meter in 22 months, when the project is due to be completed. To our knowledge, the Otthon Start program can be used for this project.

If you are interested in purchasing the presented concept, we can share all the information with you via a data room after signing a confidentiality agreement: in addition to the permit design documentation, for example, the monument value register or the results of the structural analyses.

An important element of this opportunity is the TAO subsidy available due to the historic nature of the property (twice the purchase price and investment costs can be deducted from the TAO fund over 5 years, resulting in tax savings of approximately HUF 400-450 million).

Brief details of the property:

Plot area: 3,339 m2 

Inner garden/park: 886 m2 

Net area of the property: 2,453 m2

Net area of finished apartments (terrace 50%): 2,132 m2

Storage area: 340 m2

Parking spaces: 35 (inner garden)