Hotel 1 943 m² in Budapest, Hungary

Hungary, Budapest

$10,06M

$5,175/m²

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ID: 3698361

In CRM: 1004144632

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

Last update: 12/12/2025

Location

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Country

Hungary
State

Central Hungary
City

Budapest
Address

Andrassy ut
Metro

Arany János utca (~ 900 m)
Metro

Bajza utca (~ 800 m)
Metro

Kodály körönd (~ 500 m)
Metro

Nyugati pályaudvar (~ 900 m)
Metro

Oktogon (~ 300 m)
Metro

Opera (~ 700 m)
Metro

Vörösmarty utca (~ 200 m)

Property characteristics

Property parameters

Price per m²

$5,175/m²
Total area

1 943 m²

Description

For sale is a fully functioning hotel with a total area of 1,943 m2 and 16 rooms, of which 13 are completely renovated. The property is located in the 6th district of Budapest (Terezvaros), in close proximity to the famous Andrássi street. The property includes a restaurant with 100 seats on the ground floor with direct access to the street, as well as all the necessary operational and administrative permits. Due to its exceptionally favorable location, the hotel is an attractive investment object both in the current and future tourist market of the capital. Location and information - 6th district / Terezvaros The 6th District is the second largest district of Budapest, traditionally called Terezvaros. This is one of the busiest, culturally rich and popular areas of the city. Features of the area • A dynamic urban environment • Elegant boulevards and historic buildings • High tourist attraction • Developed cultural infrastructure Historical review The development of the area began at the end of the XVIII century. It was named after Empress Maria Theresa. In the XIX century, against the background of the rapid growth of Pest, the area acquired special importance due to the construction of boulevards and luxury residential buildings. The famous Andrássi street, built up with palaces of the XIX century in eclectic and neo-Renaissance style, is still one of the most prestigious streets in Budapest. The area is located: • State Opera of Hungary • Listen Academy of Music • Several theatres, including the Radnoti Theatre Luxury boutiques, embassies, cafes and restaurants along Andrassy út The surroundings of the Opera House and Octogon Square are considered one of the busiest areas of the city. Basic area data • Postal indices: 1061–1068 • Population: 35,355 (as of 1 January 2025) • Population density: 16,178 people/km2 • Area: 2.38 km2 • Founding year: 1873 Sale price 8,565,000 euros 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.