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EUROPE > Hungary > Gyula

A European Castle for Less Than a Penny

December 3rd, 2009 by Sam Margolis
Sam Margolis
Salt lake city, United States, North America
+ More stories from Sam Margolis
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A European Castle for Less Than a Penny
01/16
Caption
Front view of Almasi Castle.
A European Castle for Less Than a Penny193682
02/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny193694
03/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny
04/16
Caption
A view of the historical castle of Almasy.
A European Castle for Less Than a Penny193696
05/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny193703
06/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny
07/16
Caption
Front view of Almasi Castle.
A European Castle for Less Than a Penny193707
08/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny
09/16
Caption
Panoramic view of Almasy Castle.
A European Castle for Less Than a Penny193709
10/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny193710
11/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny199409
12/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny199410
13/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
A European Castle for Less Than a Penny
14/16
Caption
One of the turrets of Almasy Castle which is on the market for less than 1 Forint ($US0.056 / £GB0.3).
A European Castle for Less Than a Penny
15/16
Caption
Side view of Almasy Castle.
A European Castle for Less Than a Penny199414
16/16
Caption
The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009. Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa. The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor. However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million. The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination. The castle was originally built in 1725 and then reconstructed after it burnt down in 1801. The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.
  • A European Castle for Less Than a Penny
  • A European Castle for Less Than a Penny193682
  • A European Castle for Less Than a Penny193694
  • A European Castle for Less Than a Penny
  • A European Castle for Less Than a Penny193696
  • A European Castle for Less Than a Penny193703
  • A European Castle for Less Than a Penny
  • A European Castle for Less Than a Penny193707
  • A European Castle for Less Than a Penny
  • A European Castle for Less Than a Penny193709
  • A European Castle for Less Than a Penny193710
  • A European Castle for Less Than a Penny199409
  • A European Castle for Less Than a Penny199410
  • A European Castle for Less Than a Penny
  • A European Castle for Less Than a Penny
  • A European Castle for Less Than a Penny199414
Report current story

The Mayor of the Hungarian city of Gyula has put a historic castle on the market for less than $US1 in the hope that the buyer will invest millions to refurbish it to its former glory. Gyula, Hungary, 03/12/2009

The mayor of the southeast Hungarian city of Gyula (200 km southeast of Budapest) is offering an historic castle in the center of town for the price of one Hungarian forint (or 0.056 USD). Gyula, Hungary. 03/12/2009.

Klara Perjesi told reporters that she is hoping an investor can be found for the Almasy Castle which is situated in an enclosed tourist complex adjacent to a popular Hungarian spa.

The castle has been left unused and relatively untended for the past decade and is a burden on the city in its current state, according to the mayor.

However -- and it is a fairly big however -- the city will only sell the castle under the proviso that it is the prospective buyer handle the costs of renovation -- estimated to be over $1.5 million.

The mayor said that the city is hopeful a prospective buyer will come along and renovate the property -- which she maintains is an attractive investment due to its potential as a tourist destination.

The castle was originally built in 1725 and then reconstructed after it burnt down in 1801.

The name Almasy will be familiar to fans of the film “The English Patient” in which Ralph Fiennes starred as Count Laszlo Almasy.

Submitted by
Sam Margolis
Salt lake city, United States, North America
+ More stories from Sam Margolis
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