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708242 | Portfolio ROI 5% 2 four * Hotels 145 keys in the 5

Portfolio ROI 5% 2 four * Hotels 145 keys in the 5
Type: buy
Quantity: 2
Availability: yes
Location: Budapest , Hungary

Portfolio ROI 5% 2 four * Hotels 145 keys in the 5th District and 8th District Budapest(H)


Budapest 5th and 8th District –Total Surface 6500 sqm

Total number of room of both hotel’s 145 rooms Occupancy >85%

Category Both international 4

(Or) Offered net Lease amount % on price 5%

(or) Offered Management agreement fee 7%

The hotels were refurbished in recent years and are operating since more than 5 year. Due the quality of the management and level of the infrastructure they had achieved an important position in the market with an over the average REVPAR and are both ranked among the first 15 preferred hotels in Budapest.

The owner intend to sell the share of company owning the buildings and intend to lease back or running the hotel on a management agreement basis. The management company (owned by the same owners) can offer or a lease contract based on a 5% net or a guaranteed total 7% management agreement fee.

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