Hotel 52 rooms in the Center of Budapest for sale

Property information

For sale is a family run, traditional hotel in the center of Budapest. The hotel is being sold together with Kft., whereby tax benefits are possible.

Key data Land area: 611 m2 Usable area: 2939 m2 Hotel Rooms: 52 Occupancy: app. 81% Annual net income: € 350 000 Sale price: € 5,000,000 - (negotiable) Yield: app. 6,3% - 7% Realtor commission: 4% of the purchase price + VAT. Hotel Description City Hotel awaits its guests with 52 comfortable rooms with equipment and furniture exceeding the level of three-star hotels and they are perfect for travellers staying in Budapest on business or on leisure purpose. Every room has individually controlled air conditioning, bathroom, telephone, TV, minibar, hairdryer and room safe. Among the spacious and elegant rooms include singles, doubles/twins, triples, quadruples and all of them are non-smoking. The hotel’s restaurant serves lunch and dinner for our guests. Budapest hotel conference rooms are perfect for family events, business meetings, conferences and training courses. Location The three-star City Hotel*** superior is located in the heart of Budapest, in the commercial and business district of the city, only one minute walk from Great Boulevard and Király street. Shopping and entertainment centers in Budapest, the Opera House, the Ferenc Liszt Academy of Music, the Heroes’ Square, the House of Terror, the Museum of Fine Arts, Szechenyi Bath and several wonderful buildings and sights can be reached with a comfortable walk from the hotel.

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