In the center of Budapest, at 1081 8th district, Józsefváros, an operating hotel with 270 beds with 100 rooms, its own restaurant and a garage with 30 parking spaces is for sale. The facility is in full operation and represents a stable business with opportunities for further development.
Location and information 8th district Jozsefváros
The 8th district is located on the Pest side of Budapest and is traditionally called Józsefváros. This is one of the most diverse and actively developing areas of the capital, with a rich cultural and historical heritage.Characteristics of the area
Economically and culturally active environment
Newly renovated neighborhoods including the Corvin pedestrian zone with modern offices, shopping centers and new residential complexes
The historic Palace Quarter, home to 19th-century museums and palaces, including the Hungarian National Museum
Significant investment and infrastructure development since 2010s
Basic district data
Postal codes 10811089
Population approximately 71,033
Population density approximately 11,213 people km²
Area 6.5 km²
Founded 1873
Thanks to its central location, tourist activity, excellent transport accessibility and historical surroundings, Józsefváros is an attractive area for investors.
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 Hungarian partner will be organized.
Proof of funds is required before viewing.
The transaction will be supported jointly by the partner and ImmoTrading GmbH.Transaction format
The owner prefers Share Deal to be sold by the management company Kft along with the property.
An Asset Deal is also possible; in this case, 27% VAT is added to the cost of the object.
Selling price
7,500,000 euros
plus 4% commission, legal fees and state taxes.
For more information or to schedule a viewing, please contact us. We will be happy to help you.
