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Tiszaroff castle hotel | source: kastely.blogter.hu

National Bank buys luxury castle hotel

D&T
August 7, 2014

The National Bank of Hungary (MNB) has purchased a castle hotel in eastern Hungary and it will operate the facility as its own resort in the future, the financial website portfolio.hu reports on the basis of news from HVG released on Thursday.

Hardly more than six months ago this particular real estate was up for sale for a whopping HUF 580 million (EUR 1.84 m). According to HVG, it had been also offered for HUF 680 m, but the final purchase price remains unknown. The central bank was registered as its new owner on July 10.

The castle hotel in Tiszaroff has excellent potential as a leisure or conference venue. The advertisement said it is a perfect place to hold rites of baptism, proms or to shoot movies at. The castle hotel features 42 rooms, 4 suites and a magnificent swimming pool.

The catle hotel's main services include a restaurant, a sauna, a fitness center, a swimming pool, closed parking, a bowling course and a conference room.

MNB, under the leadership of the Orbán government's former finance minister, György Matolcsy, have several times been criticized for spending public money on purchases not related to the bank's activity.

The opposition party 'Together-PM' considers this as possible misappropriation of public funds and lodges a compliant to the police.

D&T

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