Description
We are particularly pleased to be able to offer you an interesting investment for sale in the popular 16th district of Budapest. Location/Traffic/Infrastructure: The XVI. District of the Hungarian capital Budapest is also known as Kőbánya (“quarry”) and is centrally located in the eastern district of Pest. The Noszlopy Center is very easy to reach both via the motorway and by public transport: • Bus: 151, 117, 217 • Subway: M3 (Kőbánya-Kispest stop) • Train: Kőbánya-Kispest train station All infrastructure is fully in place. The workers/student dormitory NOSZLOPY-Center is an extremely interesting investment property with good returns. Property description: Property size: approx. 6,000 m² Year of construction: 1960, general renovation in 1997 On a total of 8 floors with 24 rooms per level, a total of 192 rooms with a resident capacity of more than 550 people. Room division into 2- and 3-bed rooms Common wet rooms per floor (8 or 10 sinks / showers / toilets), kitchens, dining rooms The room facilities consist of; • JYSK beds (size: 90 x 200 cm, bed inserts, two sets of bed linen) • Table plus two or three chairs • Wardrobe • Refrigerator (160 l, with separate freezer compartment) • Curtain (base plus blackout) • LED lighting • 5 Sockets per room • LED TV with wall console – 12 free channels (Hungarian). • WiFi • Central fire alarm, reception, small shop The annual return is currently 14.3%. The property is in extremely well maintained and good overall condition. The selling price is currently 8.4 million euros + 4% commission + legal fees + state taxes. We would be happy to present this lucrative investment to you and look forward to your inquiries.
