Investment project, Budapest, Hungary

Additional information is provided after the signing of an NDA

Investment project, Budapest, Hungary

36,603,000 $
5,390 $ /m²
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  • Total area
    6,790 m²
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Details
Property parameters
  • Land area: 1,357 m²
  • Total rooms: 140
Features
  • Car parks

Office building with the possibility of transformation into a five-star hotel.

Description

The total area of the property is 6,790 m².

It is possible to build two additional floors to transform the building into a hotel or a high-end residential complex.

Possible hotel room capacity: up to 130 rooms.

It is possible to build a rooftop bar with a view of the president's office.

There is a garage opposite the building.

The cost of construction of the hotel on a turn-key basis is 60 million euros.

Tenants

There is the possibility of managing the hotel by an international hotel company.

Location

Budapest is the center of Hungarian economy, as all major corporations, government agencies and banks are situated here.

The building is located in the historical banking and financial district of the city.

The property is located near Szabadság tér, one of the most prestigious areas of Budapest.

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

Statistics in Budapest

Price per m², $
3,034
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 3,033.33
Apartment in a bedroom community, m² 1,899.42
Transport Price, $
Public transport, 1 ride 1.19
Monthly travel card 32.3
Taxi, 1 km 1.02
Petrol, 1 l 1.31
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 5.05
Education Price, $
Kindergarten, per month 301.39
International school, per year 6,834.67
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 Budapest 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 Budapest
    +44 17 4822 0039
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      • Bank financing from 5.5% annually
      • Property, plot and construction site survey
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