One of Miskolc's iconic operating hotels with more than 130 years of history and outstanding investment potential.

Kossuth Lajos utca 2, Miskolc
Price 1.250.000.000 Ft
Ref: RMXH-660437
Property Details
Price: 1.250.000.000 Ft
Price/sqm: 527.426 Ft
Official Size: 2370 m2
Actual Size: m2
Lot size: 2500 m2
Property Type: HORECA
City: Miskolc
Floor: 3
Building Style: Baroque
Stairway Type: Spiral
Parking Spaces: 1
Floor: 3
Property Description
Located in the heart of Miskolc's historic city centre, the Pannonia Hotel is one of the city's most prestigious and well-known landmark properties. With a history spanning more than 130 years, this iconic hotel continues to operate successfully while offering a rare investment opportunity.

For generations, the Pannonia Hotel has been closely associated with Miskolc's hospitality industry. More than simply a hotel, the landmark corner building has long served as one of the city's best-known meeting places and remains an important part of the local community.

The property comprises two separate buildings with a total usable floor area of approximately 2,370 m². The historic main building currently operates with 34 guest rooms, including single, double and family accommodation. Reception and guest areas support the daily hotel operation, while the uniquely designed breakfast room, inspired by Miskolc's historic tramway, provides one of the hotel's most distinctive features.

The lower ground floor includes a charming restaurant suitable for private events, group dining and functions for approximately 50 guests. The upper floor offers a smaller conference and meeting room ideal for business meetings, training sessions and corporate events.

The property also includes a separately accessed commercial unit that is currently leased, providing a stable additional source of income.

The second building offers a further 7 guest rooms, private parking and garage facilities, together with a conference hall accommodating approximately 120 guests, suitable for conferences, workshops, corporate events and private functions.

From an investment perspective, one of the property's greatest strengths is that it operates as an established business with developed infrastructure, multiple revenue streams and proven operational foundations. The combination of hotel accommodation, conference facilities, rental income and two separate buildings provides exceptional flexibility for future owners.

While the existing operation offers a solid business foundation, the property's size, location and layout also create excellent opportunities for future value enhancement and repositioning. The Pannonia Hotel combines heritage, an exceptional city-centre location and long-term investment potential within a single landmark property.
Location Description
The Pannonia Hotel is located in the historic centre of Miskolc, within walking distance of restaurants, cafés, shops, cultural institutions and public services. Miskolc is one of North-Eastern Hungary's leading economic, educational and cultural centres, supported by a strong industrial base and a major university.

The city's tourism appeal continues to grow, supported by the ongoing redevelopment of the famous Miskolctapolca Cave Bath and the historic Diósgyőr Castle. These flagship projects are expected to further increase visitor numbers and strengthen the region's international profile
Other Description
The hotel complex consists of two separate buildings with approximately 2,370 m² of usable floor area and 41 guest rooms. The property features a reception area, a uniquely designed breakfast room, a restaurant with seating for approximately 50 guests, a smaller meeting room, a conference hall for approximately 120 guests, private parking and garage facilities, as well as a separately accessed commercial unit currently generating rental income. Its established infrastructure and multiple revenue streams provide a solid operational foundation while offering excellent flexibility for future development and continued operation.

Detailed investment documentation, financial information and private viewings are available upon request and by prior appointment
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