Hotel complex with guaranteed income, IX District, Budapest
€52,000,000+
15,600 m²Hungary Residence Permit
€500,000+Several monthsReal estate is eligible for participation in the program and obtaining a residence permit in Hungary.
Learn moreCost
Property cost
€52,000,000+
Distances
Yield and management
Yield
7%
Property management
Yes
Description
This object is a leader in the premium student housing market in Hungary. Nearby there is all the necessary infrastructure: shops, restaurants, cafes, educational institutions, attractions.
For sale is offered a hotel complex with views of the city and surrounding landscape (418 rooms). The guaranteed return is 7%. This building is a dual-use complex, which is suitable both for housing students and for use as a hotel (inc. for local and foreign tourists). This building has minimalist architecture, a cozy atmosphere, and there is a billiards table on the ground floor.
Each room has a private bathroom, kitchenette and study areas. Access is provided by cards. The building has a fire sprinkler system. Both short and long term stays are possible. This hotel is popular among Hungarian and foreign students and has partnerships with all major universities in Budapest.
Advantages of the project:
- developed infrastructure
- high profitability
- roof terrace
- gym
- retail/restaurants/cafes (1300 sq. m.)
- hybrid operating concept
Real estate
Object type
Hotel complex
Object category
Secondary
Object stage
Ready
Permits
Yes
Design features
Ownership
Characteristics
Total area
15,600 m²
Number of storeys
6
Parking
Yes
Renovation
Standard
Furniture
Furnished
View
City, Road