Hotel in Budapest, Hungary

Hungary, Budapest

$1,47M

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ID: 3702828

In CRM: 1004146250

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

Last update: 16/12/2025

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

For sale is a boutique hotel with 8 apartments registered as commercial housing, located in the heart of the 7th district of Budapest (1071). Thanks to its thriving entertainment industry—the district is known as Budapest’s premier entertainment quarter—and attractive returns, this small but quality property represents a lucrative investment opportunity. Location and History – 7th District / Erzebetvaros The 7th district is the smallest and most populous district of Budapest. Its traditional name is Erzebetvaros. In 2010, the area was officially recognized as a site of high historical and cultural value. Historical and cultural significance Erzebetvaros is the center of the Jewish heritage of Budapest, where ancient architecture is harmoniously combined with modern urban life. • Formed in the XIX century, becoming one of the most multinational areas of Pest • It is the center of the Jewish quarter. • On Dohan Street is the Great Synagogue, the largest in Europe. Current situation and entertainment Since the beginning of the XXI century, Erzebetvaros has been actively developing and is known today: • A busy nightlife famous "ruin bars", including the iconic Szimpla Kert Fashionable restaurants and bars on Kirai Street and in the Gozsdu Udvar complex • A large number of cafes and entertainment facilities Basic area data • Postal indices: 1071–1078 • Population: 48,825 (as of January 1, 2025) • Population density: 25,544 people/km2 • Area: 2.09 km2 • Date of foundation: November 17, 1873 Sale process The sale is carried out by ImmoTrading GmbH on behalf of a Hungarian real estate partner. Once the LOI (Letter of Intent) is provided, direct contact with the partner will be arranged. Further support of the transaction is provided jointly by the partner and ImmoTrading GmbH. Investment attractiveness • Yield: about 7.5% • Gross profit: approximately 1,000 euros per month per room • All the necessary licenses and permits for the operation of the boutique hotel are available. Sale price EUR 1,250,000 plus VAT, 4% commission, legal services and government taxes. For more information or a viewing record, please contact us. We'd be happy to help you.