The Heart of Budapest Private Palace Hotels & Resorts
Unique Investment Opportunity in the Heart of Budapest
Content Introduction 4-5 Key Investment Highlights 6-7 Hungarian History 8-9 Budapest Highlights 10-11 Asset Location 12-13 Hotel Discription 14-15 Food & Beverage 16-17 Conference and Banquetting 18-19 SPA Facilities 20-21 Hotel Retail 22-23 Floor Plans 24-27 Project View Chapter
3 Project View Parisi Street Emperors & Kings...
Introduction Budapest, the cosmopolitan capital of Hungary, synonymous for its` royal history as well as fine arts and modern lifestyle will shortly have a new attraction: The Luxory Hotel It will be located in one of Budapest`s noble 5th districts, directly in the heart of the City. Not only will it provide an impressive landmark but set new superior hotel standards. Some of this outstanding hotel`s highlights will be: 240 superior rooms, suites, including wellness suites overlooking the City Therapeutic Spa- and Wellness facilities State of the art conference rooms and international business center to satisfy even the most demanding executive The grand historic and completely refurbished ballroom will provide the background for glittering festivities like weddings, birthdays and corporate events Specialty restaurants serving local and international cuisine, Bistro, lobby bar and the Red Pepper nightclub will provide entertainment for young and old Two underground parking decks will allow travelers to avoid the City`s limited parking spaces and instead park their vehicles only minutes from their designated areas and reach the lobby and/or their rooms comfortably by elevator A long term lease between hotel management and the Hungarian Post Office for 3,229 sq. ft. will provide the new owners with additional income; their business will in no way interfere with the hotel`s business activities due to a separate entrance These are only some of the many features this new and restored hotel will offer its` guests and visitors. 263,715 sq. ft. of pure luxury in a completely restored and renovated hotel in the heart of Budapest will guarantee an investor not only a one-of-a-kind investment opportunity but also an above average return on the money and a steady increase in property value. Very rarely does such an outstanding hotel property come on the market and offers truly remarkable comparative and monetary advantages. Project view Pertöfi Sandor Street
5 Exclusive & Executive...
Key Investment Highlights Prime city center location in Budabest s 5th District Beautiful former historicl building, its newly restored exterior still reminding one of the elegance of the former Austria-Hungary dynasty During the renovation, upgrading to ecological standards as Green Hotel Various restaurants, bistro, café, lobby bar and Red Pepper Nightclub Historic ballroom restored to its former grandeur Underground parking on 2 levels State-of-the-Art business- and conference center including international secretarial services Extra income resulting from long term lease of hotel space to the Hungarian Post Office Above average return of investment and steady increase in real estate value Hotel management contract available upon request
7 Business & Success...
Hungarian History The Republic of Hungary is located in Central Europe, covers an area of 35,919 miles and counts approx.. 10 Mio. citizens. Hungary lifted the Iron Curtain in 1989 and in 2004 became a full member of the Europeans Union. Prior to becoming a Republic, the country was part of the Austrian-Hungary Empire, the remains of which can still be seen in the elegant residences, wide avenues and magnificently restored public buildings. Today the country is an economic leader and one of the thirty most popular tourist destinations worldwide. It is the global home to the largest thermal water cave system and represents with Lake Heviz the largest thermal lake worldwide. Additionally, Lake Balaton counts as the largest lake in Central Europe. Hungary is known for Europe`s oldest most traditional therapeutic and medial spa- and wellness treatment facilities which kings, emperors and commoners have been visiting for centuries. Many airlines offer direct flights to and from Budapest, i. e. Amsterdam, London, Kiev, Dublin, Madrid, Bologna, Stockholm, Oslo, Athens, Pisa and Prague to name only a few of the many connections that reach Budapest on a daily basis. Culture &
9 History... Project view Main Stairs
Budapest Highlights Budapest with its` nearly 2 Mio. citizens is Hungary`s largest city, divided into Buda and Pest, by the river Danube. Buda built on the western bank of the river houses the historical part of the City. Here rises mount Buda, crowned with its` majestic castle, a UNESCO World Heritage Site. Contrary, Pest represents the new business part of the City with government buildings, wide avenues, shopping malls as well as a pulsating life style. Both parts of the city are connected by magnificent bridges. Budapest with its` impressive history, extensive art- and cultural events, its` world famous spa- and wellness facilities, the grand boulevards, the magnificent restored government building, impressive cathedrals and Europe`s largest synagogue have indeed earned the description Paris of the East. During the entire year, locals and visitors are invited to attend operas, concerts, festivals and conventions. Budapest offers something for everybody`s taste and life style. Once you have experienced this impressive city, you will want to return time and time again. Text Ballroom scene
11 Art & Lifestyle
Asset Location The former Hungarian Postal Service headquarters are located in the 5ht district of the City. This relatively small district unquestionaly represents the heart of Budapest. Most government buildings, commercial buildings, the opera, the synagogue, most 4* and 5* hotels and restaurants, many historical buildings are all located here in this thought after location. The City`s premier outdoor shopping areas, Vaci utca and Vörösmarty ter can be found in this district. Neighborhood markets exist next to modern glass and steel office buildings, 20th century Beaux Art palaces and the efficient Metro System allows hassle free to reach all parts of the city. The district is an oasis of calm and relaxation in the middle of the bustling center of Pest. Real estate prices in this district count as some of the most expensive ones in the city of Budapest. However, in comparison to similar districts in Vienna, Paris or Berlin, the prices can be considered to be rather moderate. Investing in the luxory hotel offers the chance to own real estate in not only one of the most thriving and upcoming cities of Europe but also the guarantee to purchase a safe, low risk high-end property which will steadily increase in value. Project view Main Street
13 The Heart of Budapest...
Hotel Discription This superior hotel project with intended 240 guest rooms is presently under construction. Only the very best materials and state of the art techniques will be used for the reconstruction of this unique historical building. They will meet the standards necessary to classify the hotel as a Green Hotel. Some of the main features will be: 265,715 sq. ft. total floor space, incl. a 21,527 sq. ft. health- and wellness spa with the latest fitness equipment and a 11,377 sq. ft. conference center Oxygenated airflow Oxygen recovery units Solar- and rainwater utilization Large covered lobby and courtyard Guestrooms will be categorized into Superior-Rooms, Wellness- and Penthouse Suites Internationally recognized interior designers and architects will create an atmosphere of wellbeing in a home away from home. Hotel lobby and courtyard will show constantly changing art exhibitions A magnificent ballroom, completely restored to its former royal grandeur Guest and visitors can take advantage of all these amenities. The business facilities will meet any international standard and international personnel will assist in any possible way. The Red Pepper Nightclub will attract not only hotel guests but also local visitors. The ballroom can be booked for small and large events and the splendor of the facility will add excitement to weddings, birthdays and company gatherings. It will make any festivity an experience of a lifetime. Parking will be hassle free in the underground parking garage avoiding the search for parking space long the street. From the parking garage, guests and visitors can reach the hotel lobby easily by elevator. & Comfort Text
15 Dinner in the Executive Floor Rooms/Suites No. of Rooms/Suites Sizes Leisure... Emperor s Suite 1 882 sq. ft. King s Suite 1 882 sq. ft. Sissi Suite 1 861 sq. ft. Stephan Suite 1 764 sq. ft. Wellness Suites 20 516 699 sq. ft. Suites 36 344 484 sq. ft. Junior Suites 37 333 484 sq. ft. Double Rooms 128 258 344 sq. ft. Penthouses 16 301 495 sq. ft.
Food & Beverages Two restaurants in addition to the 2-story main restaurant on the ground floor will extend over the entire covered courtyard area. An open kitchen, separated only by a glass wall from the dining area, will allow guests the unique opportunity to observe the chef`s activities from the courtyard as well as from the main restaurant. One restaurant will offer finest Mediterranean cuisine, the other will present Hungarian delicacies. Both these restaurants will be supplied logistically by the main kitchen. The gallery floor of the 2-story main restaurant will be furnished with individual booths for private and discreet dining. The restaurants as well as the bar can be entered from both, the lobby and directly from the street. The hotel bar is located directly across the elevator banks, featuring a waterfall and extending into the lobby area, allowing for maximum use by guests and outside visitors. The hotel basement will feature the Red Pepper Nightclub available not only to hotel guests and their visitors but also accessible directly off the street for locals who want to experience the extraordinary flair of this nightly extravagance.
17 Dining & Vining...
Conference and Banquetting Our architect has taken into consideration the increased demand for high standard, stateof-the-art equipped conferenceand meeting facilities in the City of Budapest and designed these rooms accordingly. Upon completion, the total gross floor area of 10,764 sq. ft. will accommodate any business function to the full satisfaction of everybody. As mentioned previously, this completely new reconstructed and renovated superior hotel will offer not only comfortable rooms and suites, the most modern conference facilities but also superb restaurants and for large events a magnificent ballroom. We are certain, future guests and visitors will be impressed and satisfied with what the Private luxory hotel has to offer and return time and time again. NUMBER OF MEETING ROOMS Floor No. of Meeting Rooms Size Ground Floor 2 516 sq. ft./room 1 1,464 sq. ft. 1 1,431 sq. ft. 3rd Floor 1 1,722 sq. ft. 1 936 sq. ft. Ballroom 5,790 sq. ft.
19 Tagunggsbild Congress, Conference &Capital...
SPA Facilities The spa will offer assorted treatments including European-, Thai- and Japanese applications. A large pool with a rest area, a whirlpool as well as a spa facility with herb- and amethyst steam baths, salt grotto, calendar treatment, various saunas, beautyand massage salons will be available. A sun terrace on the hotel roof, accessible exclusively by special elevator, rounds off the amenities. The elevator leading to the roof top will be for the exclusive use of spa visitors thereby considering their comfort of not being disturbed by arriving and departing hotel guests. Also planned is a fitness center equipped with the latest exercise and body building equipment. Most certainly, the club`s exclusivity will attract outside people which will be charged an annual membership fee. For women with small children, a childcare service will be provided. Health Text &
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Hotel Retail A retail store with 1,033 sq. ft. is located on the ground floor in the lobby area will offer guests a range of amenities like daily international newspapers, snacks, soft drinks etc. An adjoining high priced jewelry store will allow guest to purchase exclusive watches and precious gems. It is accessible not only from inside the hotel but also from the busy Pertoefi Sandor Road. REAR BUILDING Storage rooms can be accessed by personal and suppliers directly from the parking garage elevator. Storage areas for kitchen, housekeeping and technical engineering are also located on the lower level floor. Food preparation for the main restaurant situated on the ground floor, is likewise done on this level and transported to its destination by two elevators. Said elevators also reach the ballroom on the 3rd level, which provides the strategically ideal kitchen and catering locations. An additional guest elevator reaches the ballroom on the 3rd floor as well as the Red Pepper Night Flight Club in the basement. It can be accessed at the restaurant level by hotel guests and local visitors from the outside street level. Hotel personnel has their own entrance; changing rooms as well as dining facilities are located on the lower basement floor. Savoir
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Floor Plans Basement Project View Parisi Street
25 Ground Floor
Floor Plans Cut Design sample
27 Project View Pertöfi Sandor Street
Make it your own. A project of Contact & Further Information Private Pal ace Hotels & Resorts 7 Bisazza Street, Tigne Palace SLM 02 Sliema / Malta Tel.: +356 / 2131 5301 Email: drhutter@aol.com Web: www.privatepalacehotels.com Dr. Michael J. Hutter Owner Dr. J. J. Vella Managing Director