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The 4-star hotel with a bistro in an old building, in the heart of Budapest, near the Andrassy Avenue and transfer metro station

12,000,000 €
3,882 € /m²
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  • Total area
    3,091 m²
Details
Property parameters
  • Land area: 513 m²
  • Total rooms: 64
  • 8-floor building
Features
  • Balcony or terrace

The building — a monument of architecture was built in the 1930s, completely restored and now serves as a place for the hotel's 64 rooms, with additional services, a bistro and a beautiful rooftop terrace with panoramic views of the city. The hotel is located on a landscaped bustling pedestrian area in the center of the city.

The owner is a legal entity — a commercial enterprise.

Inner space

The hotel includes 8 floors.

At the 8th floor has 3 conference halls.

On the 2–7 floors are five superior rooms and 54 rooms with balconies.

On the 1st floor is a non-stop reception and breakfast room (continental and cold) with a view of the square.

In the basement there is a kitchen, gym, shower, sauna, jacuzzi and massage room.

The Bistro has a separate entrance and a spacious covered terrace, operates year-round.

Front of the hotel made the mobile sales of ice cream and pizza.

Development plan

Increasing room's price.

Dividing rooms into smaller rooms.

The conversion of one of the conference rooms on the 8th floor to penthouse with a large terrace on the roof.

Equipment cafe/ bar/ restaurant on the roof.

Transport accessibility

100 meters away is the subway station Deák Ferenctér (the only station where 3 subway lines intersect), stops for 47 and 49 trams; and 9, 16, 105, 916, 990 buses.

A 5-minute walk to the street Kazinczy; 6 minutes to the Str. Váci, 8 minutes to Andrássy Avenue, a 10-minute Opera Theatre and 17 minutes — Parliament.

The airport can be reached in 30 minutes by taxi. The distance to the Western Railway Station is 2,4 km; to the East — 2,6 km and 4,3 km to the South Station.

Location

The hotel is located at the intersection of three of the most fashionable and popular districts.

The 5th district is a major center of fashion and retail trade in Hungary. There are famous Váci pedestrian street, with old Central Market Vásárcsarnok on one end and beautiful area Vörösmarthy térna at the other end.

In the 6th district there is Andrássy — Budapest's most beautiful boulevard, and part of the UNESCO World Heritage Site. A few minutes walk from the Opera House and the Liszt Academy of Music. Nearby is the Budapest Broadway -Nagymező utca, with the most popular cafes and restaurants.

The 7th district is the main tourist and entertainment district in the city. The area is also known as the Jewish Budapest, where is the second largest and the most beautiful synagogue in the world.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Budapest.

All ads in the country: hotels for sale in Hungary.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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