Two 4 Star Hotels in Budapest for Sale with more than 140 rooms
20,000,000 EUR 18,000,000 GBP 23,600,000 USD
REF: 206227 Show Map
- Bedrooms: 140
- Swimming Pool
These two 4-Star boutique hotels in Hungary are included in the Top-10 hotels in Budapest and are highly ranked by international travellers.
The two boutique hotels are in the Vth and VIIIth districts of Budapest and are presented in excellent condition with no need for any renovation or updating.
The properties are in historic XIX century buildings with luxury interior design.
HOTEL I :
The hotel, located in a XIXth century palazzo comes with in excess of 72 guest bedrooms and 5 suites.
Facilities include the following: 2 conference rooms, boardroom and wellness centre, cafe, breakfast room and living room bar.
HOTEL II :
The hotel, again ideally located in a XIXth century palazzo in downtown Budapest, only a few steps from the Houses of Parliament and St. Stephen's Cathedral, comes with more than 62 guest bedrooms and a wide range of facilities.
Facilities include the following: 2 large conference rooms which seats well over 65 guests,a smart library room for smaller meetings and events, a business centre, a wellness centre,breakfast room and living room bar.
Total of over 140 guest rooms and suites
10+10 years management contract
Potential yield 8%, very attractive and positive cash flow.
Net Revenues 2016: Actual EUR4.3M and Gross Profit EUR1.8M resulting in high yields and returns for the investor.
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