Description
BUDAPEST – RESIDENTIAL BUILDING – SALE – EXCELLENT LOCATION – 1,200 m² – 26 ROOMS – OFFICES – BREAKFAST ROOM – With an excellent location in the 6th district of Budapest, a detached residential building is for sale within the boulevard. Its complete renovation and development is currently underway. According to the plan, breakfast and service rooms, offices, a geothermal heating system, and a covered courtyard will be built on the basement and ground floors, while 26 independent guest rooms will be built on the upper floors. Everything will be new: the facades, the interior layout, the technical equipment, an elevator will be installed, and the partially covered courtyard will also serve the comfort of the guests. The new owner will acquire an excellently operational accommodation/guesthouse that can generate a good profit. This newly renovated building can also be managed by an operator with a long-standing presence in the market. In suitable cases, the project can be acquired, with the purchase price then depending on the construction status. Retail price: €8 million + VAT.
