Identifier: 71

In a famous green area of the Hungarian capital operating hotel is offered for sale

9 500 000 €
Business/Investment Hotel
Overview
Country Hungary
Location Budapest (downtown)
Area 8850m2
Description

In a famous green area of ​​the Hungarian capital, located near the center the modern, operating hotel 3 * is offered for sale.

The hotel is in a good condition, was overhauled in 2008, is located in a 13-storey building and has 143 rooms. Guests have at their disposal an indoor swimming pool with a Finnish and infra-sauna, a jacuzzi and a fitness room with 100 seats, a conference room. Rooms are air-conditioned, each room has an LED TV, refrigerator, telephone and free Wi-Fi.

The hotel is within easy reach of the city center and the metro station.

The hotel is very popular among Russians, post-Soviet countries, Japanese, Vietnamese and other tourist groups.

The hotel can simultaneously accept and park on its territory 6 buses, thanks to this, the possibility of long-term cooperation with various foreign travel agencies is provided.

The empty plot located near the hotel includes many opportunities for further development. Here you can build an underground garage for private cars, on the first floor a garage for buses, you can build another 13-storey building to expand the hotel or build a residential building with apartments for sale, or use it for any other purpose.

The average annual occupancy of the hotel for today is 60%, real estate is also recommended for investment. With proper management, payback is possible within 6-7 years.

Real estate is not burdened, the owner - the project company 1/1,

The purchase of a 100% share of the company-owner is possible without paying VAT.

Basement: swimming pool, Finnish and infrared sauna, cold water pool, massage room, jacuzzi and gym.

Ground floor: reception, hall, cafe, 2 covered terraces, conference room or hall for events (50 people)

Floors: 24 rooms with two beds, 71 rooms with double beds and 24 apartments.

The price includes full equipment, an adjacent undeveloped area, used for taking and parking tourist buses and vehicles.

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