The Hungarian University of Agricultural and Life Sciences (MATE) is putting 42 of its properties up for auction, including eight in Keszthely. Of particular note is the inclusion of the Georgikon Water Park and Beach, previously earmarked for development, which is now also up for sale at a guide price of HUF 904 million (EUR 2.22 million).

The higher education institution, established in 2021 as a foundation of the state-owned Szent István University, will be auctioning a total of 42 properties in Szarvas, Gödöllő and Keszthely this April, according to 24.hu. On the Keszthely campus alone, eight properties with a combined value of nearly HUF 2 billion (EUR 4.92 million) will be sold.

In a surprising turn of events, the management of the local MATE campus had intended to develop the Georgikon Water Park and Beach in Keszthely in 2022. However, they are now auctioning off the area between the Helikon Hotel and the Sirius Hotel for HUF 904 million (EUR 2.22 million), the newspaper reports.

Among the properties for sale in Keszthely is a former dormitory building that has been in a state of disrepair for years and is no longer in use. This property, which offers a panoramic view of Lake Balaton and is located next to Helikon Beach, is being offered at a guide price of HUF 325 million (EUR 800,000). Also for sale in the western part of Keszthely, next to the Csókakő stream, is a property of nearly three and a half hectares, with a guide price of HUF 308 million (EUR 760,000).