For sale is a boutique hotel with 8 apartments registered as commercial housing, located in the heart of the 7th district of Budapest 1071.
With a thriving entertainment industry, the area is known as Budapest's premier entertainment district and with attractive returns, this small but quality property represents a lucrative investment opportunity.
Location and history 7th district Erzsebetváros
The 7th district is the smallest and most densely populated district of Budapest. Its traditional name is Erzsebetváros. In 2010, the area was officially recognized as a site of high historical and cultural value.Historical and cultural significance
Erzsebetváros is the center of Budapest's Jewish heritage, where ancient architecture blends harmoniously with modern city life.
Formed in the 19th century, becoming one of the most cosmopolitan areas of Pest
Is the center of the Jewish Quarter
The Great Synagogue, the largest in Europe, is located on Dohany Street.
Modern situation and entertainment
Since the beginning of the 21st century, Erzsebetváros has been actively developing and is known today
vibrant nightlife
famous ruin bars, including the iconic Szimpla Kert
trendy restaurants and bars on Kiraly Street and in the Gozsdu Udvar complex
a large number of cafes and entertainment venues
Basic district data
Postal codes 10711078
Population 48,825 as of January 1, 2025.
Population density 25,544 people km²
Area 2.09 km²
Founded November 17, 1873
Sales process
The sale is carried out by ImmoTrading GmbH on behalf of the Hungarian real estate partner.
After submitting the LOI letter of intent, direct contact with the partner will be organized.
Further support of the transaction is provided jointly by the partner and ImmoTrading GmbH.Investment attractiveness
Yield about 7.5%
Gross profit approximately 1,000 euros per month per number
All necessary licenses and permits for operating a boutique hotel are available.
Selling price
1,250,000 euros
plus VAT, 4% commission, legal fees and government taxes.
For more information or to schedule a viewing, please contact us. We will be happy to help you.
