Basic data
4 star hotel in Budapest
85 hotel rooms
12 service rooms for rent
Land plot of approximately 1,027 m²
Usable area approx. 449.87 m² gross approx. 508.25 m²
Meeting and event spaces
Restaurant, fitness and massage
Underground garage and outdoor parking spaces
Sale in Asset Deal format only building
Purchase price 8,500,000 euros
Net yield about 45%
Buyer's commission 4% plus VAT, legal fees and taxes
Benefits
Excellent location next to Puskás Arena and Hungexpo exhibition center
Stable facility management structure
Excellent transport accessibility
Additional income from renting commercial premises
Conference and banquet facilities
Investment property with attractive returns
A modern 4-star hotel combines a prime location, diverse revenue streams and a stable operating model. The property is ideal for investors focused on hotel business, business and urban tourism.
The hotel has 85 hotel rooms and 12 service or rentalrooms are equipped with air conditioning, Wi-Fi, TV, refrigerator and electric kettle.
Room categories
Standard rooms approx. 1617 m²
Superior Corner Rooms approx. 2122 m²
Suites approx. 4055 m²
Conference center
Large conference room about 65 m²
Small hall about 30 m²
Meeting room about 25 m²
Additional infrastructure
Traditional restaurant approximately 130 m²
Fitness and massage area about 50 m²
24-hour front desk
Lobby
Elevator
Safe
Luggage storage
Wi-Fi in public areas
Parking
Underground garage for 12 cars
Courtyard for 6 cars
Additional 68 free seats in front of the building
The property also includes two offices of approximately 19 m² each and three leased commercial premises on the front of the building of approximately 20 m², 12 m² and 20 m².
Heating is provided by a central gas system, radiators and underfloor heating on the first floor and second level of the building.
Location
The hotel is located in the eastern part of Budapest, next to the Puskás Arena and the Hungexpo exhibition grounds.Distances
Metro about 400 m
Bus about 300 m
Intercity bus about 300 m
Keleti East Station about 2 km
City center about 6.3 km
International airport approx. 19.4 km
The location is ideal for business travelers, exhibitors and tourists.
Operator information
The hotel is currently managed by an existing operator.
Sales form
Asset Deal sale of building
Note
The sale is carried out by ImmoTrading GmbH on behalf of the Hungarian partner.
Detailed information is provided only after signing the LOI letter of intent. After this, direct contact with the responsible partner is organized.
Further support of the transaction is carried out jointly by the Hungarian partner and ImmoTrading GmbH.
All information is provided by the owner or third parties. Despite careful preparation, no responsibility is taken for the completeness and accuracy of the information. Some figures may be rounded or be estimates.
Offer is non-binding and subject to change without notice.
For more information and to arrange a viewing, please contact us.