In 1071 Budapest, a completely renovated building is for sale, which currently functions as a hostel. The property includes 33 rooms, a restaurant, several modern apartments and provides scope for further expansion.
Description of the object
The building has undergone a comprehensive renovation
modern heating system
water supply and electrical networks were completely replaced
well-maintained and modern technical condition
Layout
Ground floor restaurant with access to the street
Upper floors renovated apartments with 6 fully equipped kitchens
Terrace spacious terrace of 120 m²
The basement is suitable for storage or conversion, for example, into a fitness room
In addition, it is possible to add additional floors and increase the capacity of the hostel.
Location
The property is located in the popular 7th district of Erzsebetváros, close to
Keleti East Station
metro stations
bus and tram stops
Excellent transport accessibility makes the property attractive to tourists and students.
Information
The property is fully leased on a long-term basis, which guarantees a stable income for the future owner.About the area 7th district Erzsebetváros
This area is the smallest but most densely populated in Budapest. He is famous
its rich Jewish heritage
the famous synagogue on Dohany Street
kosher stores
trendy bars and iconic ruin pubs such as Szimpla Kert
many cafes, restaurants and designer boutiques
Basic district data
Postal codes 10711078
Area 209 hectares
Population density about 25,541 people km²
Founded November 17, 1873
Note
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 will be established with the Hungarian partner.
Further support of the transaction is carried out jointly by the partner and ImmoTrading GmbH.
Selling price
3,820,000 EUR
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.
