Hotel, guesthouse with a restaurant, the Wellness and parking in the center of Budapest, Hungary

Additional information is provided after the signing of an NDA

Hotel, guesthouse with a restaurant, the Wellness and parking in the center of Budapest, Hungary

12,496,000 $
1,411 $ /m²
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  • Total area
    8,850 m²
  • Yield
    5.3 %
  • Rental rate (m²/month)
    6 $
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Details
Property parameters
  • Leasable area: 8,850 m²
  • Land area: 3,254 m²
  • Total rooms: 163
  • Number of parking lots: 141
  • 6-floor building
Financial performance
  • Annual income: 663,525 $
Tenants
  • Occupancy: 80 %
Transaction costs
  • Notary (state registration): 1.0 %
  • Acquisition tax: 4.0 %
  • Broker: 2.0 %
Features
  • Garden

We offer for sale a hotel in one of the most rapidly developing area of the central districts of Budapest.

Description

The hotel is a 6-storey building with an area of each floor of about 500 м². The hotel includes:

  • 136 apartments of 3 types with the ability to accommodate up to 387 guests;
  • apartment under a separate cadastral number on the top floor of the building (apartments sold);
  • restaurant 100 м² with winter garden of 100 м²;
  • conference room of 120 м²;
  • Wellness Centre 80 м² with a capacity of 53 people (needs work);
  • 62 parking spaces on the territory and 79 in the underground garage.

  • Property on the map
    Location right down to the building, street or city

Statistics in Budapest

Price per m², $
3,025
Healthcare efficiency level
46
Index 46 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
63
Index 63 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 3,024.3
Apartment in a bedroom community, m² 1,893.77
Transport Price, $
Public transport, 1 ride 1.18
Monthly travel card 32.2
Taxi, 1 km 1.02
Petrol, 1 l 1.3
Food Price, $
Water, 1.5 l 0.4
Milk, 1 l 0.82
White bread, 500 g 0.81
Eggs, a dozen 1.73
Chicken fillet, 1 kg 5.03
Education Price, $
Kindergarten, per month 300.49
International school, per year 6,814.33
Health care index
Staff competence 53.83
Medical equipment 41.33
Research accuracy and completeness 48.9
Attitude towards patients 41.06
Security index
Crime rate 32.28
The risk of being robbed 30.06
The risk of car theft 43.58
The risk of break-in and property damage 48.32

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other hotels for sale in Hungary.

You can see more hotels for sale in District XIII elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

Invest in development project

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

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    Enquire about this hotel
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in District XIII
    +44 17 4822 0039
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      • Bank financing from 5.5% annually
      • Property, plot and construction site survey
      • Management company services
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