Historical Budapest palace close to Chain Bridge can be sold in no time

Hungary’s Ministry of Interior is prepared to move to the Buda Castle and leave an astonishing Budapest palace behind at the Pest bridgehead of the Chain Bridge. According to Telex, the government would end the building’s protected status and sell it.

The Budapest palace building, in the heart of the city, is the neighbour of the well-known Four Seasons Hotel Gresham Palace, a favourite place of Hollywood stars to stay in the Hungarian capital.

According to Telex, the Hungarian Parliament’s Committee on Legislation revoked the building’s protected status on their Thursday session. According to the explanation of the bill, the state no longer requires the building to carry out public services. Therefore, its purchase is justifiable.

On the left, there is the Four Seasons Hotel Gresham Palace. How will the new owner use the building? Photo: Google Street View

Hungarian media: buyer on the horizon

The Interior Ministry has been using the building for decades. According to 24.hu, there is already a buyer for the beautiful building often referred to as the building of Mihály Pollack. Gergely Gulyás, the Minister of the Prime Minister’s Office, said in a press conference that they did not urge the ministry’s migration to the Buda Castle due to business reasons.

A former finance ministry building will host the interior ministry in the Buda Castle. The January staff meeting is already organised there, so they have no time to waste. The finance ministry currently operates in Pest but will move to the Buda Castle soon.

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