Hotel in Budapest, Hungary, 11 500 m²

8-storey dormitory in Budapest – an attractive investment opportunity

Large facility with an area of about 11,500 m2 with a capacity of about 700 seats in the 10th district of Budapest

In the 10th district of Budapest, Kebagnia, a large dormitory with attractive investment and further use opportunities is offered for sale. The facility has good transport accessibility and is located in an area with developed infrastructure in the eastern part of Pest.

Location and infrastructure

The facility is conveniently accessible both by car and by public transport.

• Several bus routes
• M3 metro line in close proximity
• Regional and intercity rail services nearby
• Shops and restaurants in close proximity
• All the necessary infrastructure for everyday life nearby

Facility information

The property consists of three buildings:

• Basic. 8-storey building with basementoccupants' accommodation
• Additional building with an area around 390 m2It is currently leased as a warehouse.
• Additional building with an area around 220 m2It is currently leased as a warehouse.

Area of land: about 8,100 m2

Total usable area: about 11,500 m2

Year of construction: 1960

Modernization and investment

In recent years, the facility has undergone extensive modernization:

• Complete reconstruction of interiors in 2022/2023
• Continuous technical update
• New technical building built in 2024
• Installation of a solar system on the roof
• New windows
• New roof insulation
• Good general condition of the facility

Capacity and layout

The main building has:

• 8 floors
• 24 rooms on each floor
• Totally. 192 rooms
• Capacity about 700 seats
• 2- and 3-bed rooms

Common zones and infrastructure

• Common sanitary facilities on each floor
• Totally. 72 showers and 70 toilets
• 8 fully equipped communal kitchens dining-room
• 8 laundries
• 40 washing machines and 8 dryers
• Reception with electronic access system
• Video surveillance
• Central fire alarm system
• A small shop in the entrance area
• Wi-Fi throughout the building

Equipment of rooms

Each room is equipped with:

• Beds about 90 × 200 cm in size
• Table and chairs
• wardrobe
• Refrigerator with freezer
• Curtains, including darkening
• LED lighting
• Wall-mounted TV
• Several electrical outlets

Current and future use

Until the end of 2025, the facility operated as workhouse.

Currently, the facility is vacant, as adaptation work is being carried out for future use. college-house.

From 2027, it is planned to resume operation as a student dormitory or, alternatively, again as a dormitory for workers.

Price and form of sale

Sale price: 9.4 million euros

Form of deal: Share Deal

Buyer's commission: 4% + statutory VAT

Additional costs: Advocate services and government fees

The proposal is preliminary and non-binding.

For more information or browsing arrangements, we will be happy to assist after providing a LOI (written confirmation of interest).