A large-scale dormitory property with attractive returns is offered for sale in the 10th district of Budapest. This asset represents an interesting investment opportunity with strong yield potential.Location and InfrastructureThe 10th district (Kőbánya) is located in the well-connected eastern part of Pest. The property benefits from excellent accessibility by both car and public transport.Public transport connections:•
Several bus lines•
Metro line M3 (terminal station nearby)•
Regional and long-distance railway connection in close proximityShopping facilities, restaurants, and all daily infrastructure are located in the immediate surroundings.Property DescriptionThe property consists of three buildings:•
Main building with basement (dormitory)•
Two auxiliary buildings (approx. 390 m² and 220 m²), currently rented as storagePlot size: approx. 8,100 m²Total usable area: approx. 11,500 m²Year of construction: 1960Modernizations and upgrades:•
Interior general renovation: 2022/2023•
Ongoing technical upgrades•
New technical building constructed in 2024•
Roof-mounted solar system•
New windows and roof insulationThe property is in good overall condition.Capacity and Layout•
8 floors•
24 rooms per floor•
Total: 192 rooms•
Capacity: approx. 700 beds•
2- and 3-bed room configurationsShared facilities:•
Communal sanitary areas on each floor•
Total of 72 showers and 70 toilets•
8 fully equipped shared kitchens with dining areas•
8 laundry rooms with 40 washing machines and 8 dryers•
Reception with electronic access control system•
Camera surveillance•
Central fire alarm system•
Space for a small shop at the entrance•
Wi-Fi throughout the buildingRoom Equipment•
Beds (90 × 200 cm)•
Table and chairs•
Wardrobe•
Refrigerator with freezer compartment•
Curtains including blackout•
LED lighting•
Wall-mounted TV•
Multiple power outlets per roomUse and YieldThe property was operated as a workers’ dormitory until the end of 2025.Previous annual yield: approx. 14.3%The property is currently vacant due to adaptation works for a planned student dormitory.From September 2026, the building is planned to operate as a student residence or alternatively again as a workers’ dormitory.Purchase ConditionsPurchase price: EUR 9,000,000Transaction structure: Share dealBuyer’s commission: 4% plus statutory VATAdditional costs: Legal fees and government chargesFor further information or to arrange a viewing, we will be pleased to assist you.