For sale commercial, service area
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Description
Outstanding Development Opportunity in a Well-Connected Central Location in Budapest’s District IX
A distinctive standalone building with exceptional potential is offered for sale. Built in 1906, this characterful property has a total floor area of approximately 5,500 m².
The building is currently completely vacant, allowing the new owner to refurbish and configure it according to their own concept and requirements.
A detailed boutique hotel concept has already been prepared for the property, comprising approximately 70 rooms, a restaurant, a conference room, a two-level sky bar, and rooftop terraces.
The location benefits from excellent public transport connections, with metro and tram lines, as well as several major transport hubs, accessible within a short distance.
The building may be particularly suitable for hotel, serviced apartment, office, healthcare, educational, or other institutional development.
The property does not include private parking spaces. However, a limited number of underground parking spaces may be available for separate purchase in a neighbouring building.
Asking price: EUR 15,000,000
Further information, floor plans, and documentation are available exclusively to serious interested parties following prior consultation.