290,000,000 Ft
798,000 €
- 778m²
INVESTMENT OPPORTUNITY IN THE CITY CENTER OF BUDAPEST – FOR A HOSTEL, APARTMENT HOUSE, OR PREMIUM HOSPITALITY UNIT!
In the heart of Budapest's VI district, near Deák Ferenc Square, we offer for sale an exceptional investment property with nearly 778 m² of space, suitable for various business purposes. Located on a quiet side street, the property boasts an excellent location in one of Budapest's most sought-after and busiest areas. According to the current layout, the building contains 11 newly constructed apartments, each equipped with its own kitchen, bathroom, and practical loft design. In addition to the apartments, a common dining area has also been created, making this property an excellent choice for operating a hostel, apartment house, workers' accommodation, student hotel, or other lodging services. One of the property's greatest assets is the nearly 400 m² basement, which is currently undergoing a complete renovation. The modernization will include an installed ventilation system, a complete renewal of the electrical network with new electrical outlets and connections, as well as energy-efficient, built-in spot lighting that ensures a modern and aesthetic appearance. Thus, the basement becomes perfectly suitable for the establishment of a wellness area, fitness room, community space, event venue, entertainment unit, or even additional apartments. The characterful, well-maintained apartment building also features a terrace that further enhances the property's value and unique atmosphere while offering additional utilization opportunities. The area is the tourist and business center of Budapest, where you can reach in just a few minutes' walk: - Deák Ferenc Square - Andrássy Avenue - Restaurants and cafes - Ruin bars - Cultural institutions and museums - Shopping opportunities - Numerous entertainment venues Transportation is excellent: the M1, M2, and M3 metro lines, as well as several tram and bus routes, are accessible within a few minutes, allowing for quick access to any point in Budapest. Important information: Among the images in the advertisement, there are furnished visual plans illustrating the possible layout after renovation. The premises will be handed over in an unfurnished state, and the final layout may differ slightly from what is shown. This property is not just a building, but an outstanding investment opportunity that offers immediately usable and further developable business potential in one of Budapest's best locations. We offer tailored housing loans to meet your unique needs. Our bank-independent loan center competes for you with offers from all banks and financial institutions available in the country, free of charge. Our colleagues, with extensive professional experience, are ready to assist you at a pre-arranged time, even after normal working hours. Outstanding infrastructure and a perfect location in terms of public transport. All types of services and shops can be found nearby. For more information and to schedule a viewing, please call us with confidence!
Registration Number
UZ019846
Property Details
Sales
for sale
Legal Status
used
Character
commercial
Type of Business Property
part of building
Construction Method
brick
Net Size
778 m²
Above-Ground Net Size
378 m²
Heating
Gas circulator
Ceiling Height
500 cm
Condition
Average
Condition of Facade
Good
Condition of Staircase
Good
Water
Available
Gas
Available
Electricity
Available
Sewer
Available
Elevator
available
Possible Functions
office and warehouse, industrial hall or warehouse, guesthouse, hostel, healthcare center, educational center
Visibility
Easily visible on a high foot traffic street
Accessibility
Entrance from high foot traffic street
Utilization
partially rented out
Monthly Rental Fee
1170000