In an excellent location, in the 7th district of Budapest on Nagykorut Street, an existing 9-room apart-hotel is for sale.
This purchase is a great opportunity for the forward-thinking investor.
Since the area's central location ensures a steady flow of tourists, government restrictions on Airbnb will encourage more tourists to switch to alternative options - legal B&Bs.
In addition, the 7th District's excellent transport links, vibrant nightlife and rich cultural attractions attract guests from all over the world and contribute to high occupancy and profitability of the hotel business.
As the owner of this 9-room apartment hotel in a prime location in the 7th arrondissement, you can earn passive income as strong tourism and Airbnb's legal restrictions ensure stable demand, and day-to-day operations can be outsourced to professional managers.
This way, you can earn a regular income with minimal time investment, while your property represents a valuable investment in the long term and retains its value.
PROFIT 1000selling price is currently €1,450,000 + VAT.
