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Guest house · Budapest · Budapest

Panzio Apartments

A 3-star guest house on Terez Koerut, steps from Oktogon metro and within walking distance of Heroes' Square and Fisherman's Bastion.

  • Free Wi-Fi throughout the property
  • Public parking available on site
  • VIP check-in/out and currency exchange
7.3 Very good 399 reviews Booking.com 7.3 · 399 reviews

About

Panzio Apartments

Panzio Apartments is a 3-star guest house on Terez Koerut, in the heart of Budapest. It offers 33 rooms, free Wi-Fi, and public parking on site. The location is central, about a 10-minute walk from Oktogon metro station and 25 minutes on foot from Heroes' Square and Fisherman's Bastion.

Rooms come with practical touches like a fridge, electric kettle, and cookware, so you can prepare simple meals. The property also has a terrace and a dining table, and offers services like VIP check-in/out and currency exchange. Note that pets are not allowed and smoking is prohibited on site.

  • No smoking on site
  • Free Wi-Fi in public areas
  • VIP check-in/ -out
  • No pets allowed
  • Currency exchange
  • Air conditioning

In brief

What works, what to weigh

+

Strengths

3 reasons to book
  • Central location near transport — Within about 170 meters of Oktogon metro, with trams and the train station close by. Most sights like Heroes' Square and Fisherman's Bastion are a 25-minute walk.
  • Good value for money — Rooms are clean with new furniture and bathrooms, and the price is considered low for the quality offered. Several guests highlighted the affordability.
  • Helpful and friendly staff — Guests regularly mention the staff's kindness, including a warm drink on arrival and an upgrade when an issue arose.
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Worth weighing

3 to weigh
  • Modest breakfast — Breakfast is included but portions are on the smaller side. Some guests supplemented with groceries from the supermarket across the street.
  • Inconsistent room quality — While many praise the rooms, some describe a 'subpar room' for the price, suggesting standards vary by room type.
  • No pets allowed — Panzio Apartments does not accept pets, so travelers with animals may need to look elsewhere.

01 — Rooms

Rooms & rates

High season: summer dates usually book out a few weeks ahead.

Single Room

  • 1 Single bed

Quadruple Room

  • Sleeping arrangements for 4 persons
  • Shower
  • Heating
  • Air conditioning

Double Room

  • 1 King-size bed,1 Double bed
  • Shower
  • Heating
  • Air conditioning

Family Double Room

  • 1 Double bed,2 King Size Beds
  • Shower
  • Heating
  • Air conditioning

02 — Amenities

Services & amenities

Everything included at this stay — the facilities and essentials, at a glance.

General

  • No smoking on site
  • Free Wi-Fi in public areas
  • VIP check-in/out
  • Currency exchange
  • Terrace

Room Amenities

  • Air conditioning
  • Heating
  • Dining table
  • Ironing facilities
  • Washing machine
  • Electric kettle
  • Cookware/ Kitchen utensils

03 — Reviews

What guests say

Recent verified reviews from guests who stayed here.

7.3
Very good 399 reviews

Guest-rated 7.3/10 from 399 reviews

Booking.com · 7.3 · 399 reviews
7.3Verified guest

“The room was a good size with a nice bathroom, new furniture, and a terrace. Breakfast had plenty of choice and the food I tried was fairly priced.”

7.3Verified guest

“The room was excellent, the bathroom was clean, and breakfast was satisfying—plus great views of the garden.”

7.3Verified guest

“The staff were exceptionally nice and the rooms were impressive. The bed was very comfortable and the bathroom was nice. Location was good with parking nearby; Oktogon station is a 15-minute walk away.”

7.3Verified guest

“Great area close to shopping and tours. The room was spotless, huge, and had a big bathroom. The bed was comfortable.”

7.3Verified guest

“Spacious room with three beds, just as I hoped. Loved it!”

7.3Verified guest

“Free Wi-Fi was great. The on-site restaurant came in handy when I didn't want to go out. Even had a table tennis setup—felt like a pro!”

04 — Location

Getting around Budapest

The property sits in Budapest.

Getting Around: Oktogon metro station is about 170 meters away, with trams and the train station nearby, making it easy to explore the city.

Sightseeing: Heroes' Square and Fisherman's Bastion are both about a 25-minute walk from the property, and the city center is close by.

Terez Koerut 23., I/1., Budapest, Budapest, 1066, Hungary

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05 — Good to know

Policies & conditions

Hotel details are shown for reference. Final rate terms are confirmed on the partner’s site at booking.

Check-in
From 14:00-23:59
Check-out
By 10:00
Cancellation
Free cancellation on many rates — terms on booking page
Payment
Pay-at-hotel available on many rates; final terms at booking
Pets
Not allowed
Property
33 rooms

06 — Questions

Frequently asked

What time are check-in and check-out?

Check-in is from 14:00 to 23:59, and check-out is by 10:00.

Is parking available?

Yes, public parking is available on site. Note that it is public, not private or reserved.

Are pets allowed?

No, pets are not allowed at Panzio Apartments.

Does the hotel offer free Wi-Fi?

Yes, Wi-Fi is available throughout the property and is free of charge.

Are there kitchen facilities in the rooms?

Many rooms come with a refrigerator, electric kettle, and cookware, allowing you to prepare simple meals. Dining tables are also provided.

Nearby

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The bottom line

Panzio Apartments offers a practical, central base in Budapest with friendly staff and good value, though breakfast is modest and room quality varies.

7.3A solid choice for budget-conscious travelers who prioritize location and service over luxury.

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