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€ 1,450,000

9 room luxury Hotel for sale in Budapest, Hungary

€ 1,450,000
270 m² 18

Description

An operating 9-room apartment hotel is for sale in an excellent location in Budapest's 7th district, on Nagykörút. This purchase represents a great opportunity for a visionary investor. Since the district's central location ensures a steady flow of tourists, the government's restrictions on Airbnb will encourage more tourists to switch to legal hotel alternatives. Furthermore, the 7th district's excellent transport links, as well as its vibrant nightlife and rich cultural attractions, attract guests from all over the world, ensuring high occupancy and profitability. As the owner of this 9-room apartment hotel in an excellent location in the 7th district, you can enjoy a passive income, as stable tourism and legal Airbnb restrictions ensure consistent demand, while day-to-day operations can be outsourced to professional managers. This allows you to generate regular income with minimal time investment, while your property remains a valuable investment and retains its value over the long term. CCA PROFIT 1,000 euros/room/month. The current selling price is 1,450,000 EUR + VAT.

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Details

Rooms:
9
Bedrooms:
18
Size:
270 m²
Cooling Systems:
Air Conditioning
Reference:
1701
Interior Amenities:Cable/SatelliteSecurity System

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Position

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