I stayed four nights in October 2006 and found the hotel delightful. Had a huge room and large bath, both very clean. I was on a courtyard so it was quiet as well. Staff was excellent, friendly and very helpful, breakfast was buffet style and more than ample. The location was perfect--easy walking distance to the gorgeous Central Market building and the wonderful pedestrian street Vaci Utsa. Cost was 70 euros per night--about $88 US. I certainly would recommend it to anyone.
Directions: Central Market area of the Pest side. Easy to get to because of the Market Building and also the proximity to the Vaci Utsa pedestrian street. Also near the famous Chain Bridge which I walked across to get to the Buda side.
What a great place! Charming, full of character and very friendly staff. A double cost us 80 euro (about 95 usd) a night, including brekkie. Each room has different furniture. One of the appartments even has a piano!
Unique Quality: The character is unique. Location is fantastic too, in the lively part of Pest.
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Address: Goenczy Pal utca 6, Budapest, 1093, Hungary