Cushman & Wakefield Global Hospitality has been exclusively appointed by CIB Group to sell the only full service five star resort hotel in Hévíz, Hungary. The hotel is located in western Hungary within a short drive from the capital Budapest and close to the second largest thermal lake in the world (Lake Hévíz) and one of the largest lakes in Europe (Lake Balaton).
“The Lotus Therme Hotel represents an outstanding investment opportunity to acquire an established, well recognized hotel in an exceptional location. Hévíz has been a thermal town for over a century and its water is used for medical treatments. The hotel benefits from an outstanding location at the crossroads of major European capitals and cities such as Budapest, Vienna, Bratislava and Graz” says Frédéric Le Fichoux, head of Cushman & Wakefield’s CEE Hospitality Team.
“The excellent access allows international clients to easily reach the hotel. The well diversified product that includes thermal pools, golf courses, and tennis courts allows for long stays from a numerous demand generators from leisure, wellness and incentive clientele segments. Furthermore, as the hotel market in the CEE region continues to recover, the tourism demand to Hungary and Hévíz is expected to grow rapidly” says Frédéric Le Fichoux.
The Lotus Therme hotel offers 232 guestrooms, 2 conference rooms, restaurant, 2 bars, gym, 6 swimming pools (one with thermal water) including a large Jacuzzi, 6 hole golf course, 4 tennis courts and around 200 car park spaces. It is located within walking distance to the world famous thermal lake Hévíz where tourists come from all across Europe and Russia to make use of its medicinal waters. The hotel can be accessed easily by car, air (airport within 10 Km) and rail (station within 8 Km).
The role of Cushman & Wakefield in this instruction is to personally introduce the Property to potential investors, analyse and negotiate the offers, secure the most favourable terms for the Client, manage the due diligence process and assist legal advisors during the closing process.