1051 Budapest, Zrínyi Street 16.

The commercial property located at 1050 Budapest, Zrínyi Street 16 is located in one of the most valuable downtown areas of Budapest's 5th district, in the immediate vicinity of the St. Stephen's Basilica. The property is located in Zrínyi Street, which has been converted into a pedestrian zone, and is one of the busiest tourist and hospitality streets in Budapest. The Danube bank, Széchenyi István Square, the Chain Bridge and Deák Ferenc Square can be reached on foot in a few minutes, so the location represents outstanding value not only from a commercial but also from a tourist perspective. Access by car is provided via Október 6. Street, while parking is available in the surrounding public parking lots and the Erzsébet Square parking garage.

The property consists of four independent condominium sub-plots (24602/0/A/1, /2, /3 and /10 hrsz.), which operate as a fully integrated, unified hospitality unit in nature. Two sub-plots are located on the ground floor and two on the basement level. A gallery has been created above the ground floor, which is not listed on the property deed, but its useful area was taken into account with a weight of 50% during the valuation. The total homogeneous floor area is 112 m², while the actual net floor area is approximately 150 m².

The building that houses the property was built in the early 1900s, with a traditional brick structure, a Prussian hat or steel beam ceiling, a high roof with wooden hipped roof and a plastered facade. The building is under local protection by the district. The utilities are fully connected, the heating is solved with an inverter air conditioner, and the electrical and mechanical systems have been modernized. In 2021, the property underwent a complete change of function and renovation. The former business premises were converted into a modern catering unit with a hot kitchen, to which the neighboring sub-plot was also opened. The property operates as a catering unit (Felisa Tapas Bar). Only minor value-increasing investments have been made in the recent period (such as the expansion of the basement cold storage). The property is a well-maintained catering unit with an excellent location and located in a tourist-focused area.