Boutique hotel and restaurant in downtown of Budapest

Additional information is provided after the signing of an NDA

Boutique hotel and restaurant in downtown of Budapest

2,433,000 $
3,754 $ /m²
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  • Total area
    648 m²
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Details
Property parameters
  • Total rooms: 10
  • 5-floor building
Transaction costs
  • Notary (state registration): 1.0 %
  • Broker: 3.0 %

Building for sale in V. District in the most prestige area of city.

Historical environment, nice reconstruction, quiet atmosphere.

The building of 648 m² has been recently renovated. Ideally situated in pedestrian zone, only 200 meters from the popular Vaci Street: a lot of bars, restaurants and different cultural events providing a traditional meeting point for Budapest locals can interact with the city’s visitors.

Best choice for all who decided to visit Budapest, either for business or pleasure, but also for those who only wish to rest and relax in the charming downtown environment.

The building has 2 entrances. One leads to a fully equipped restaurant. The other entrance leads to a nice mini hotel of 10 rooms, beautiful common area and the small flat on the mansard for the hotel keeper.

During last few years hotel’s occupancy was close to average 85%.

  • 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 V (Belváros-Lipótváros) 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.

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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
    Julia Morozova
    Julia Morozova
    Investment consultant in District V (Belváros-Lipótváros)
    +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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