Commercial property 5 587 m² in Budapest, Hungary
Hungary, Budapest
€5,09M
Location
Property characteristics
Property parameters
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Total area5 587 m²
Description
A three-storey building currently operating as a hostel is for sale in the XIII district, on Béke road.
The building is a well-maintained property, located in the immediate vicinity of bus and tram stops. It is currently used as student and worker accommodation with an occupancy rate of around 90%. The current facilities and condition are not suitable for the provision of higher level services. However, the 114 rooms available provide a guaranteed income for the investor.
The gross floor area is 6684m2, of which the basement is 1352m2, ground floor 1352m2, first, second, third floor 1327m2/floor.
In addition to the current use, it is suitable for office space (original function), or school or dormitory, hotel. Utilities are all included, electricity, water and central heating installed.
In the immediate vicinity of the building there is a college and a renovated hotel. The owner is highly motivated in finding a new owner for the property.
Updated at: 27/04/2024
Location on the map
Hungary, Budapest
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