Hotel near Munich Airport.
Description
The four-story building with a leasable area of 1,880 m² consists of 54 rooms:
- 24 rooms of 14 m²
- 6 rooms of 15.5 m²
- 23 business rooms of 22 m²
- 1 apartment of 46 m²
Parking for 27 cars (10 in the underground parking).
The building was renovated in 2014.
The annual net income is 336,000 €.
The net yield is 6.4%.
The property is fully let.
The lease agreement is valid until 2029 with extension options of 2x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The hotel is located 7 km from Munich Airport.
Munich is the capital and most populous city of Bavaria, the second most populous German federal state. It is the third-largest city in Germany, after Berlin and Hamburg.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
