Hotel Hungary, Hungary, 8 m²

For sale is a boutique hotel with 8 apartments registered as commercial housing, located in the heart of the 7th district of Budapest (1071).
Thanks to its thriving entertainment industry—the district is known as Budapest’s premier entertainment quarter—and attractive returns, this small but quality property represents a lucrative investment opportunity.
Location and History – 7th District / Erzebetvaros
The 7th district is the smallest and most populous district of Budapest. Its traditional name is Erzebetvaros. In 2010, the area was officially recognized as a site of high historical and cultural value.
Historical and cultural significance
Erzebetvaros is the center of the Jewish heritage of Budapest, where ancient architecture harmoniously combines with modern urban life.
Formed in the XIX century, becoming one of the most multinational areas of Pest
It is the center of the Jewish quarter.
On Dohan Street is the Great Synagogue, the largest in Europe.
Current situation and entertainment
Since the beginning of the XXI century, Erzebetvaros has been actively developing and is known today:
nightlife
famous "ruin bars", including the iconic Szimpla Kert
fashionable restaurants and bars on Kirai Street and in the Gozsdu Udvar complex
a large number of cafes and entertainment facilities
Basic area data
Postal indices: 1071–1078
Population: 48,825 (as of January 1, 2025)
Population density: 25,544 people/km2
Area: 2.09 km2
Date of foundation: November 17, 1873
Sale process
The sale is carried out by ImmoTrading GmbH on behalf of a Hungarian real estate partner.
Once the LOI (Letter of Intent) is provided, direct contact with the partner will be arranged.
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 room
All necessary licenses and permits for the operation of the boutique hotel are available.
Sale price
EUR 1,250,000
plus VAT, 4% commission, legal services and government taxes.
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