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A completely renovated furnished 15 studio apartment hotel with a reception and a private staircase is FOR SALE in the popular street of the 7th district, Dohány Street.
A condo hotel is a building that is titled as a condominium but functions as a hotel. The units are owned by a company. While the owner does not reside in Hungary, the unit is rented to short-term renters by a management company. The revenue is then split between the hotel management company and the owner.
Offering only studios unit, each unit will offer luxury at an affordable price, and all units come fully furnished and ready to be used or rented.
As a condo hotel, each unit can be entered into a rental program. When you are away, entering your unit into the professionally managed rental program can help offset the costs of ownership.
******* The building is sold as one unit and not for sale as individual apartments. *******
Located in the central part of 7th district in Budapest. Total size: 357m2