Budapest 12 Orbánhegy - Mártonhegy - Farkasrét

Located in the surroundings of Magasút, at the border of the 11th and 12th districts, this property offers an innovative investment opportunity for the prospective owner. Situated on a 3305 square meter corner plot, there are two buildings occupying a total of 1491 square meters. The "A" and "B" buildings were constructed in the 1980s and currently operate as a functional apartment hotel, with an occupancy rate ranging from 85% to 90%, and with consistently leased units.

In the "A" building, which features a basement and an attic conversion, there are 7 one-and-a-half-room and 11 one-room hotel suites. The ground floor houses the reception area, while the basement contains various utility rooms such as a conference room, laundry room, or storage areas, as well as technical rooms.

The "B" building features a restaurant and a cocktail bar on the ground floor, with 12 balcony-equipped one-room hotel suites on the upper floors. The basement of the building houses kitchen facilities, storage rooms, and employee changing rooms.

Heating is centralized, provided by a gas boiler, and the property also includes two tennis courts and 14 parking spaces.

The prospective owner can consider several options for the future use of the property:

The operation of the current apartment hotel can be continued, providing a stable income.
Under the concept of an elderly home, the property can be revitalized and become part of an innovative, Western-style service model, potentially as a franchise partner.
Establishing a high-prestige residential park is also feasible with planned modifications, which would entail increasing the buildability by 30-40%.
This property is not just an investment; it is also an opportunity for value creation in the development of the area and the exploitation of the real estate market potential.