A Fully Permitted, Construction-ready Premium Residential Project
A fully permitted, construction-ready premium residential project is available for acquisition on the shores of Lake Balaton, Hungary's premier tourism destination. Riviera Residence is an 81-unit lakeside development in Alsóörs, one of the most sought-after locations on the northern shore of Lake Balaton, offering panoramic lake views across four residential buildings. Building permits have been secured, execution plans are complete, and a contractor proposal based on current construction costs is ready. Even under the most conservative calculations, this project offers 60 percent net profit potential, making it a turnkey opportunity for developers. The Balaton region delivers year-round rental demand for both holiday homes and permanent residences, with strong rental yields and capital appreciation potential.
EUR 6,250,000
Hungary
Project Specifications
General Information
— Total Units: 81 apartments
— Number of Buildings: 4
— Unit Types: Studio to 3-bedroom
— Energy Class: AA++
— Parking Capacity: 80 vehicles
— Storage Units: 80
— Estimated Completion: Summer 2029
Common Area Features
— Swimming Pools: 2 (heated)
— Site Security: Gated community
— Landscaping: Planned green areas
Location & Accessibility
Location Details
— Budapest City Center: ~1 hour
— Lake Balaton: Lakefront with panoramic views
— Region: Alsóörs, Northern Balaton
Nearby Amenities
— School and Kindergarten: Walking distance
— Hospital: Walking distance
— Shopping Center: Walking distance
— Train Station: Direct connection
— Bus Stop: Direct connection
Project Status
— Building Permit: ✅ Secured
— Execution Plans: ✅ Complete
— Contractor Proposal: ✅ Prepared based on current costs
— Development Status: ✅ Construction-ready
Investment Data
Financial Summary
— Net Profit Potential: 60% (conservative estimate)
— Project Type: Transfer / Partnership
Market Advantages
Lake Balaton is one of Hungary's strongest tourism destinations. The region benefits from both summer holiday demand and year-round residential appeal, creating a consistent housing and rental market. Premium segment projects face limited supply, driving strong capital appreciation potential.
Developer Support
Optional Services
Depending on investor preference, the following services can be provided on a contract basis:
✅ Project Management: Professional management of the entire construction process
✅ Sales and Marketing: Support throughout the apartment sales process
✅ Turnkey Solution: Delivery of the completed project
Why This Project?
Permit-Ready: All approvals secured — ready to commence construction
Strong Returns: 60% net profit potential under conservative estimates
Premium Location: Lake Balaton views in Northern Balaton's most desirable area
Flexibility: Full transfer or partnership options available
Support Available: Optional project management and sales support
High Standards: AA++ energy class, modern infrastructure
Strong Demand: Both holiday home and permanent residence markets
Investment Summary
— Project Name: Riviera Residence
— Location: Alsóörs, Northern Balaton
— Number of Units: 81
— Number of Buildings: 4
— Energy Class: AA++
— Project Status: Building permit secured
— Net Profit Potential: 60%
— Estimated Completion: Summer 2029
— Transaction Type: Transfer / Partnership
Ideal For
— Residential developers seeking permitted, construction-ready projects
— Private equity and real estate funds targeting Central European markets
— Hospitality and vacation rental operators
— High-net-worth individuals seeking development partnerships
— Institutional investors looking for turnkey development opportunities
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