Property listing · For sale · Hotel · Property no. 2373/1994

4-Star Hotel in Budapest for Sale

Hungary

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Usable area449.9 m²
Plot1,027 m²
Property typeHotel
UseCommercial / Investment
CountryHungary
Commission4% of purchase price plus 27% VAT

Description

Key Facts

• 4-star hotel in Budapest

• 85 guest rooms

• 12 staff/rental rooms

• Plot size approx. 1,027 m²

• Usable area approx. 449.87 m² (gross approx. 508.25 m²)

• Conference and event facilities

• Restaurant, fitness and massage area

• Underground garage and outdoor parking spaces

• Asset Deal (building only)

• Purchase price: € 8,500,000

• Net yield: approx. 4% – 5%

• Buyer’s commission: 4% plus legal VAT, legal fees and taxes

Highlights

• Excellent location near Puskás Arena and Hungexpo

• Stable operating structure

• Excellent public transport connections

• Additional rental income from retail units

• Conference and meeting facilities

• Attractive investment opportunity in Budapest

This modern 4-star hotel offers an excellent location, diversified income opportunities and a stable operating structure. It represents an attractive investment opportunity for hotel investors focusing on business and city tourism.

The property comprises 85 guest rooms and 12 staff/rental rooms. All rooms are equipped with air conditioning, Wi-Fi, TV, refrigerator and kettle.

Room Categories

• Standard Rooms: approx. 16–17 m²

• Superior/Corner Rooms: approx. 21–22 m²

• Suites: approx. 40–55 m²

Conference & Event Facilities

• Large conference room approx. 65 m²

• Small hall approx. 30 m²

• Meeting room approx. 25 m²

Additional Features

• Restaurant with traditional cuisine (approx. 130 m²)

• Fitness and massage area (approx. 50 m²)

• 24-hour reception

• Lobby

• Elevator

• Safe

• Luggage storage

• Wi-Fi in public areas

Parking

• Underground garage with 12 parking spaces

• Courtyard with 6 parking spaces

• 6–8 free parking spaces in front of the building

The property also includes two offices of approx. 19 m² each and three rented retail units facing the street with areas of approx. 20 m², 12 m² and 20 m².

Heating is provided via a central gas heating system with radiators and underfloor heating on the ground floor and first floor.

Location

The hotel is located in eastern Budapest, close to Puskás Arena and the Hungexpo exhibition center.

Distances

• Metro: approx. 400 m

• Bus: approx. 300 m

• Long-distance bus station: approx. 300 m

• Keleti Railway Station: approx. 2 km

• City centre: approx. 6.3 km

• Budapest Airport: approx. 19.4 km

The location offers ideal conditions for business travellers, exhibition visitors and tourists.

Operator Information

The hotel is currently operated by an established operator.

Sale Structure

Asset Deal (building only)

Notice

The property is marketed by ImmoTrading GmbH on behalf of a Hungarian partner.

Detailed information will be provided only after submission of a Letter of Intent (LOI). Direct contact with the responsible partner will then be arranged.

Further transaction support will be provided jointly by the Hungarian partner and ImmoTrading GmbH.

All information originates from the owner and/or third parties. No liability is accepted for the accuracy or completeness of the information provided. Figures may be rounded or estimated.

This offer is subject to change and non-binding.

For further information or viewings, please do not hesitate to contact us.

Features

fireplace, passenger elevator, cable/satellite TV, alarm system, sauna, air conditioning, underground station close by, new building standard

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