Hotel in Budapest, Hungary, 1 120 m²

Boutique hotel with 13 new apartments in the center of Budapest

13 new apartments with permitted commercial use – an attractive investment opportunity in the Palace Quarter

An attractive investment facility is offered for sale in 8th district of Budapest. The complex consists of 13 new apartments located on the upper two floors of a completely reconstructed residential building in the historic Palace Quarter. All apartments are sold together as an officially authorized commercial accommodation facility – a boutique hotel.

The Palace Quarter is located in the heart of the 8th district and is one of the historical and cultural centers of Budapest. In recent years, the area has experienced a long-awaited revival and is becoming increasingly attractive.

Basic information

• 13 new apartments
• Totally. 46 rooms
• Location on 4th and 5th floors
• Completely renovated residential building
• Renaissance-style courtyard
• Already. permitted commercial use
• The area of the smallest object: about 45.6 m2
• The area of the largest object: about 93.2 m2
• Some of the apartments have lofts and/or terraces
• Individual utility meters, including water and gas
• The 13 apartments are about 35% of all apartments in the building

Attractive investment opportunity

The property provides investors with the opportunity to purchase an already authorized concept boutique hotel with 13 apartments in central Budapest.

• Yield: almost 10%
• Rating on Booking.com: 9.3
• Prestigious location in the historic Palace quarter
• Permitted commercial use
• Totally. 46 rooms

Sale price

EUR 5,200,000 + VAT

This is an interesting opportunity for investors looking for a hotel business with an already authorized commercial use in the central and actively developing district of Budapest.

For any additional questions or for viewing purposes, we will be happy to assist you.

Wir weisen darauf hin, dass zwischen dem Vermittler und dem zu vermittelnden Dritten ein familiäres oder wirtschaftliches Naheverhältnis besteht.