In-service upgradeable 4 * hotel project is l
In-service upgradeable 4 * hotel project is looking for innovative thinking buyers
This operating 4 * hotel provides a great opportunity for a buyer to invest in an already profitable income property that includes additional expansion opportunities.
This small but exclusive 4 * hotel with its beautiful, unique interior and excellent cuisine is located in Siófok, the most popular resort on Lake Balaton and is unique in its kind.
Three buildings are located on the site of this real estate project:
- Building "A"; 259m2 2 floors (fully built but not yet finished), potential for: bar / restaurant / conference room OR indoor pool / wellness center / 4 additional hotel rooms on the 2nd floor, etc. Year of construction 2009
- Building "B"; The 4 * hotel is in operation and has a total plot size of 1.801 m2, with parking for 18 vehicles on the property.
The 755 m² hotel with 15 rooms + 3 penthouse suites on 4 floors was built in 2012. This part is fully developed and 9 rooms are finished.
During the 2018 renovation, all pipes and electrical wiring (electricity, water, sewage, central heating, air conditioning, internet, security, etc.) were replaced and relocated.
- Building C "with a 90m2 pool house / office on 3 floors was built in 2018 but not completed.
It is also allowed to build six more hotel rooms and operate a 100 m² restaurant.
Another business idea!
In addition, a "corner shop" for small food and drinks could be sold at Siofok station (which is located directly opposite the property). A foundation has already been built for it.
