- 27,285,000 €
- 4.7% yield
- Budapest Hotel 33,000,000 €
- Basic parameters
- Photo
№ 1,733,272
Hotel 6,790 m² in Budapest
33,000,000 €
4,860 € /m²
- Room stock 140
- Yield —
- Constructed —
- Price per key 235,714 €
Key project parameters
- Total area
- 6,790 m²
- Land area
- 1,357 m²
- Room stock
- 140
- Price per key
- 235,714 €
Project description
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.
Extra information
Car parks
Tenants
- Agreement
- n/a
There is the possibility of managing the hotel by an international hotel company.
Location and nearby infrastructure
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.
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Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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