3 * Business Hotel for Sale in Miskolc, Baz, Hungary

Business Hotel on Strategic Location, 43000 Euro per Key

For sale: 8 floor, 86 room hotel in Miskolc, the third town of Hungary, in North Eastern Hungary. The town is known for its industrial activity, technical University and beautiful surroundings. The hotel is 5 minutes from the M3 highway, easily reachable by public transport.

Price: 3,7m (which is only 43.000 euro per key!)

The hotel opened up its doors in June 2003.

The rooms have colour tv, telephone, WIFI internet access, wardrobe, bedside table and lamp, dressing table, bathroom with bathtub or shower cabin, toilet. The extras of the suites are a kitchenette and lounge room with chairs and coach. There is an Online Reservation service on internet available

Wellness and fitness availabilities: sauna, infra cabin, jacuzzi and fitness section.

The hotel has three conference rooms, for 50, 80 and 350 people. The first two can be joined to give room for 130 people. This can be used for business purpose as well as for weddings of other gatherings.

Expansions and Grants possibilities
To make the hotel more modern and attractive a plan has been made to build a wellness area next to the hotel. This would require a renovation of the existing building, which is already owned by the LLC. All building permissions are available. There is a European grant opportunity for this expansion up to 50% of the building costs. The estimated building cost for the new part is about 1 million euro.