Hotel room investment property for sale in Budapest, Hungary, available for investment in this charming hotel overlooking the Danube from the Buda Hills. Set at the edge of a forest yet within easy reach of Budapest centre this hotel offers tranquility coupled with ease of access and old-world charm.
Yields based on current room rates and occupancy levels are expected to range between 7.5% for double rooms rising to 10% for senior suites.
Built at the turn of the century the hotel has beamed ceilings and sympathetically decorated rooms throughout. There are 14 uniquely furnished rooms and suites, which are elegant and refined each one showing views to the extensive garden and woodland surroundings and the valley below. From the Hotel, visitors can become acquainted with the cultural highlights of Budapest with a lively theatre scene, musical events, several museums, galleries, restaurants and nightclubs, all waiting to be discovered.
The hotel facilities include:
• 8 Double rooms
• Natural green surroundings
• 4 Junior suites
• Relaxation centre
• 2 Senior suites
• Wine bar
• Swimming pool
• Large garden
• Sauna and massage treatments
• Coffee area
• Restaurant
• Private parking
• Lounge
Prices for rooms in this hotel range from £4,500 for a double room to £7,000 for a senior suite. Purchasers also receive 21 days free use of the room per year (or a room in any other hotel owned and managed by this group). This excludes investors who purchase using a pension fund.
How it works
Each investor will purchase what is termed as a Room Right. A Room Right entitles each investor to a share in the income generated from the investors’ room and a share of any appreciation in the capital value of your Hotel room. Once the Offer has closed a Room Right Certificate will be delivered to each investor within six weeks.
Hungary entered the EU in 2004 and the economy and particularly the property market continues to benefit from this.
• Tourist numbers over the last 5 years have increased dramatically and are predicted to continue to increase over the coming years with a large number of airlines now flying to Budapest.
• OPC believes that there is a shortage of quality, affordable hotels in central Budapest, which we anticipate will ensure that the Hotel enjoys above average property price appreciation and a ready exit for investors if the promoter decides to sell the Hotel.
• Property prices are still significantly below the UK and many other European cities, and therefore this investment provides investors with an opportunity to benefit from this price difference.
• The Hotel is established and enjoys above average room occupancy. Revenue growth is increasing which we anticipate will further enhance the value of your investment and the annual returns enjoyed.
• This investment offers you the opportunity to invest in the capital of Hungary, described as the “Paris of the East”, giving you the chance to explore this fantastic city and stay free of accommodation costs in the hotel for up to 21 nights per year.
If you would like to know more about these hotel rooms or more information about other property we can offer in Hungary, then please feel free to contact us now for more information.