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Provincia Hotel - Szentendre
Category : hotel 

Location:

Szentendre is located at the gateway of the Danube Bend, where Pilis Mountains and River Danube meet, in a beautiful natural environment. With its population of 23,000 it is the largest resort area of the Danube Bend region. This tranquil, small town can be reached from Budapest within 20 minutes by car and within 40 minutes by suburban rail. Being a popular destination, it is visited by millions of tourists from the world over each year. 

Hotel Provincia, which was built in 1997, is located next to main road No. 11, the main artery of Szentendre. The centre of the old town is at a five minutes’ walking distance. 

Description:

An attractive, U-shaped, four-storey building, it includes 24 rooms, a 50-seat restaurant, a hot-food kitchen and a pub. Floor A-2 is occupied by a shared garage for 18 cars, while floor A-1 houses the engineering space, the kitchen and the restaurant. The ground floor incorporates room units, the reception area, a swimming pool and a lounge. Room units with an average size of 15 m2 are located in the loft area. The building has an elevator. A few years ago the building operated as an upmarket senior citizen’s home and medical dispensary. Presently it houses offices and service providers.

Development opportunities:

Property development, in cooperation with or as commissioned by a financial or strategic investor, could take any of the following forms: 

  • refurbish the building to house offices
  • turning the building into a centre for service providers

Investor target groups:

Property development firms that intend to operate an office block.

Present technical parameters:

Address: Szentendre

Area of plot: 1,237 m2

Gross leasable area: 2,600 m2