For sale is a fully functioning hotel with a total area of 1,943 m2 and 16 rooms, of which 13 are completely renovated. The property is located in the 6th district of Budapest (Terezvaros), in close proximity to the famous Andrássi street.
The property includes a restaurant with 100 seats on the ground floor with direct access to the street, as well as all the necessary operational and administrative permits. Due to its exceptionally favorable location, the hotel is an attractive investment object both in the current and in the future tourist market of the capital.
Location and information – 6th district / Terezvaros
The 6th District is the second largest district of Budapest, traditionally called Terezvaros. This is one of the busiest, culturally rich and popular areas of the city.
Features of the area
dynamic urban environment
elegant boulevards and historic buildings
high tourist attraction
cultural infrastructure
Historical review
The development of the area began at the end of the XVIII century. It was named after Empress Maria Theresa. In the XIX century, against the background of the rapid growth of Pest, the area acquired special importance due to the construction of boulevards and luxury residential buildings.
The famous Andrássy street, built up with palaces of the XIX century in eclectic and neo-Renaissance style, is still one of the most prestigious streets in Budapest.
The area is located:
State Opera of Hungary
Listen Academy of Music
several theatres, including the Radnoti Theatre
luxury boutiques, embassies, cafes and restaurants along Andrassy út
The surroundings of the Opera House and Octogon Square are considered one of the busiest areas of the city.
Basic area data
Postal indices: 1061–1068
Population: 35,355 (as of 1 January 2025)
Population density: 16,178 people/km2
Area: 2.38 km2
Founding year: 1873
Sale price
8,565,000 euros
plus 4% commission, legal services and government taxes. For more information or a viewing record, contact us. We'd be happy to help you.
Wir weisen darauf hin, dass zwischen dem Vermittler und dem zu vermittelnden Dritten ein familiäres oder wirtschaftliches Naheverhältnis besteht.
