Unique opportunity in District 12 of Budapest! 1120 sqm fantastic plot with a 220 sqm building is for sale in absolutely perfect location, on Bela Kiraly ut. It is situated in an elegant, quiet neighborhood, with prominent, quality buildings all around. Hungary’s Presidential Residence and the German International are a couple of minutes away. The property is very well situated: a sunny corner plot with large trees but it’s really extraordinay because of the stream trickling through the whole garden. It is coming from the so-called King Bela’s Spring across the street and it provides a constant stream of 8 celsius degree spring water at all times during all seasons (even in the biggest droughts). This same springwater was tunneled into the Buda Castle for drinking water as early as the 15th century. The garden is approximately 1000 sqm, it’s huge red pines, and other lovely old trees give it a cosy and relaxing feel. The garden is relatively flat, with some slanting from the street sides. The current building was built around 1990, and is on 3 levels: living room, kitchen, 4 bedrooms and 3 terraces, but it needs some renovation works, modifications or it can be also demolished. The garage, which is cca 30 sqm and opens directly to the street is on a separate building. The property’s zoning marks are: Lke-3 /ÉK1, meaning the following main characteristics: Built-in type: free standing, detached Maximum floor space on one level that can be built in: 10% Maximum floor space on one level that can be built in under terrain level: 20% Plot ratio: 0,25 Plot ratio for parking: 0,15 Maximum building height: 6,5 méter In summary, at least a 280 sqm house may be built on the plot - this may be an office or a residential building, in fact it could be perfect for a 2 generation family house. After pruning the trees there will be panoramic views from the roof terrace of the house. For more information on this property, feel free to call or email us, we speak English as well.