PropertyDeveloper.eu at Szigetszentmiklós, Hungary

RENTED! 2.4 ha "enclosed garden" (2310 Szigetszentmiklós, Barázda street 11500/401 & 11500/402 hrsz.)
Price category: €/ha/year (net)
It can be taken out of cultivation + gravel mine!

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Basic parameters of the real estate Legend: present, can be built, not present

Description RENTED!

With the current characteristics of the area, it is only suitable for farming, other economic activities can be carried out after withdrawal from production.

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During the examination of the development possibilities of the closed garden at Szigetszentmiklós, Barázda street, several aspects must be taken into account, including the current legal environment, the features of the plot, as well as the expected costs and revenues. Possible development directions:

  1. Extraction of gravel property
    Extraction Potential: The gravel wealth under the area is significant (~172,000 m³) and valuable for the construction industry. The extraction of gravel can provide a significant source of income, however, several licensing processes must be completed before extraction.
    Required Permits:
    • Settlement Structure Plan Amendment: The current arable land classification of the area needs to be amended to allow mining activities.
    • Environmental Permit: Assessment and authorization of the environmental effects of the extraction activity is required.
    • Mining License: Obtaining a license from the Hungarian Mining and Geological Service (MBFSZ).
    • Withdrawal from production: The withdrawal of the area from agricultural production requires the payment of the land protection contribution and the completion of the land qualification procedure.
    Expenditures:
    • Land protection contribution:
    • Land qualification procedure fee:
  2. Continuation of Agricultural Activity
    Agricultural Use: The area is currently designated for agricultural activity as Class 3 arable land. It can be used to grow cereals, fodder or other agricultural crops.
    Advantages: The property can continue to be used for agricultural purposes with fewer regulatory and licensing obligations.
    Challenges: The profitability of agricultural exploitation may be lower than the extraction of gravel assets.
  3. Area Reclassification and Recultivation
    Area Reclassification: If the gravel is extracted, in order to further utilize the area, it may be worth reclassifying it for industrial, commercial or residential purposes.
    Recultivation:After extraction, the area needs to be recultivated, which provides an opportunity to implement new development directions. This can be agricultural restoration, but also the establishment of an industrial and logistics center.
  4. Development of an Industrial or Logistics Center
    Infrastructural Developments: The area is located in a good location from a traffic point of view, which provides an opportunity for industrial or logistical developments, especially if the area can be transformed into an industrial zone by amending the settlement structure plan.
    Advantages: Industrial/logistics centers tend to provide higher returns compared to agricultural use, especially if they have good transport links.
    Challenges: Such developments require significant investment, and proper utility development is also necessary.

Real estate location

2310 Szigetszentmiklós, Barázda street 11500/401 & 11500/402 hrsz.

Hungarian Mining and Geological Service drilling point map (MBFSZ)

Drilling point identifier: Bp.H-24/12