Exceptional Investment Opportunity in Downtown Kecskemét!

Csabay Géza körút, Kecskemét
Price 949.000.000 Ft
Ref: RMX-50992
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Property Details
Price: 949.000.000 Ft
Price/sqm: 118.655 Ft
Official Size: 3699 m2
Actual Size: 3699 m2
Lot size: 7998 m2
Property Type: HORECA
City: Kecskemét
Property Description
For sale: A redevelopment hotel offering numerous development opportunities. Whether it's a hotel, office, or mixed-use building, this location is a perfect choice for investors!

The property for sale is a former hotel building, which includes various functional areas such as a restaurant, kitchen, spa, reception, and several service rooms. On the upper floors of the building, there are hotel rooms and their related service areas. In total, there are 40 rooms, of which 36 functioned as hotel rooms. The hotel is currently out of use and requires renovation, but its structural features and location provide an excellent foundation for further development.

The layout of the property by floor is as follows:

Basement: 194.31 m² where the service areas and technical rooms of the hotel are located.
Ground floor: 1288.96 m², housing the central functions of the hotel, including reception, restaurant, kitchen, and spa.
First floor: 1138.66 m², with a total of 13 rooms, of which 10 were used as hotel rooms.
Attic: 1077.42 m², with 27 rooms, of which 26 were used as hotel rooms.
In the upper levels of the hotel, office blocks were previously established, where four office spaces were created. Renovation works were carried out in these office areas, including wall demolition, installation of laminated flooring, replacement of windows and lighting fixtures, air conditioning, and the creation of a kitchenette.

The property has undergone minimal maintenance to prevent major damage. However, it still requires further renovation, though it holds significant potential for redevelopment into a hotel, office, or even a residential building. The total plot area is 7998 m², offering ample opportunities for future development.
Location Description
The hotel is located in one of Kecskemét's prime areas, at the intersection of Csabay Géza Avenue and Sport Street in Máriaváros. Kecskemét, the seat of Bács-Kiskun County, is one of Hungary’s fastest-growing cities, just a 45-minute drive from Budapest. The city's economy is primarily strong in the automotive and logistics industries, thanks to the presence of the Mercedes-Benz factory, which provides numerous job opportunities in the region. In addition, Kecskemét is also a cultural and educational center with rich architectural heritage. The city's infrastructure is continually improving, and near the hotel, you will find the Kecskemét Adventure Bath and Slide Park, Szépi Fishing Lake, and the Széktói Stadium. The Neumann János University campus is also nearby.
Furnishing Description
The property falls within the Vt-8168 town center mixed-use area, offering various development opportunities. The hotel has complete utility connections, including water, sewage, electricity, gas, and telephone connections. Parking is also available on-site. The zoning allows for the development of residential, commercial, and service buildings with the following parameters:

Buildability: 60% of the plot can be built on
Maximum building height: 16 meters
Floor area ratio (FAR): 1.2
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