Restaurant in the center of Budapest, Hungary

Additional information is provided after the signing of an NDA

Restaurant in the center of Budapest, Hungary

636,000 €
16,736 € /m²
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  • Total area
    38 m²
  • Yield
    8.0 %
  • Rental rate (m²/month)
    110 €
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Details
Financial performance
  • Annual income: 51,000 €
Tenants
  • Occupancy: 100 %
  • End of lease: 2029

Restaurant with a long-term lease agreement located next to the entrance to the Gozsdu courtyards.

Description

The area of the space is 38 m².

Financial performance

The absolute annual income is 51,000 €.

The current yield is 8%.

Tenants

The space is rented out to the restaurant for two years.

The lease agreement was extended for 10 years in 2019.

Location

The property is located in the central 5th district of Budapest, next to the Gozsdu courtyards. This place is very popular among tourists, new art galleries, fashion shops, restaurants, bars and cafes with open terraces are constantly opening here. The number of visitors is about 1 million per year.

Budapest is the capital of Hungary, one of the largest and most beautiful cities in Europe, located on both sides of the Danube River. Known for its magnificent architecture, among which stands the neo-Gothic building of the Hungarian Parliament, a large number of architectural monuments, wide and beautiful avenues with shops and restaurants.

Budapest is the only capital in Europe that has the status of a resort — due to the numerous thermal springs the city is an excellent place to relax and regain health.

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

Statistics in Budapest

Price per m², €
2,735
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 2,734.76
Apartment in a bedroom community, m² 1,712.46
Transport Price, €
Public transport, 1 ride 1.07
Monthly travel card 29.12
Taxi, 1 km 0.92
Petrol, 1 l 1.18
Food Price, €
Water, 1.5 l 0.36
Milk, 1 l 0.74
White bread, 500 g 0.73
Eggs, a dozen 1.56
Chicken fillet, 1 kg 4.55
Education Price, €
Kindergarten, per month 271.72
International school, per year 6,161.93
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

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Enquire about this restaurant
Julia Morozova
Julia Morozova
Investment consultant in District V (Belváros-Lipótváros)
+44 17 4822 0039
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