Development site for hotel or residential property in the heart of Budapest

Additional information is provided after the signing of an NDA

Development site for hotel or residential property in the heart of Budapest

$16,462,000
$1,097 /m²
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  • Total area
    15,000 m²
Details
Property parameters
  • Leasable area: 12,000 m²
  • Land area: 4,000 m²
Financial performance
  • IRR: 20.0 %
Transaction costs
  • Notary (state registration): 1.0 %
  • Broker: 2.0 %

Development site for sale in the downtown of Budapest, next to the most famous and visited Hungarian architectural monument.

Almost 12,000 m² can be built for hotel, residential or business function. There is developing project for 120-150 apartments or approx. 240 rooms 4-stars hotel.

In case of serious interest, all technical, legal and financial information will be provided.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

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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 Budapest elsewhere on our website.

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