Hotel in Budapest, Hungary

Hungary, Budapest

$4,44M

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ID: 3697048

In CRM: 1004143612

ID of the ad on the website or in the company’s CRM

Last update: 10/12/2025

Location

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Country

Hungary
State

Central Hungary
City

Budapest
Metro

Blaha Lujza tér (~ 700 m)
Metro

II. János Pál pápa tér (~ 800 m)
Metro

Keleti Pályaudvar (~ 700 m)
Metro

Kodály körönd (~ 900 m)
Metro

Oktogon (~ 900 m)
Metro

Vörösmarty utca (~ 800 m)

Description

In 1071 Budapest put up for sale a completely renovated building, which now functions as a hostel. The property includes 33 rooms, a restaurant, several modern apartments and provides opportunities for further expansion. Description of the object The building has undergone a comprehensive renovation: - modern heating system - Completely replaced water and electrical networks - well-groomed and modern technical condition Planning - First floor: Restaurant with street access - Upper floors: renovated apartment with 6 fully equipped kitchens - Terrace: spacious terrace of 120 m2 - Basement: suitable for storage or conversion, for example, for a fitness room In addition, it is possible to add additional floors and increase the capacity of the hostel. Location. The property is located in the popular 7th district (Erzebetvaros), near: - East Station (Keleti) subway stations - bus and tram stops Excellent transport accessibility makes the object attractive for tourists and students. Information The property is fully leased for a long-term lease, which guarantees a stable income for the future owner. About the district - 7th district / Erzebetvaros This area is the smallest, but most densely populated in Budapest. He's known: His rich Jewish heritage The famous synagogue on Dohan Street - kosher shops Fashionable bars and iconic “ruin pubs” such as Szimpla Kert – many cafes, restaurants and designer boutiques Basic area data: - Postal indices: 1071–1078 - Area: 209 hectares - Population density: about 25,541 people/km2 - Date of foundation: November 17, 1873 Note The sale is carried out by ImmoTrading GmbH on behalf of a Hungarian real estate partner. After the LOI (Letter of Intent) is submitted, direct contact with the Hungarian partner will be established. Further support of the transaction is carried out jointly by the partner and ImmoTrading GmbH. Sale price 3,820,000 EUR plus 4% commission, legal services and government taxes. For more information or a viewing record, please contact us. We'd be happy to help you.